The Complete Guide to Rice Value Chain
Rice is a staple for over half of the world’s population and contributes a major share of dietary energy globally, with human consumption accounting for ~78% of global production. 1) Global Scenario: Where Rice Stands Worldwide : Global rice production is heavily concentrated in Asia (~90%), and global milled rice production in 2018 was ~485 million tonnes with consumption of ~482 million tonnes, indicating a small surplus and a market sensitive to shocks. International rice trade is relatively small compared with production, and export supply is dominated by a handful of countries ( e.g., India, Thailand, Vietnam, Pakistan, Myanmar together accounting for a very large share of exports ), so quality, reliability, and policy changes in major exporters strongly influence world prices and buyer choices. Globally, rice is produced across multiple ecosystems—irrigated systems contribute the bulk of output (irrigated ecosystems represent ~54% of harvested rice area but contrib...