In 2023, India dominated global rice bran oil stocks with 185.0 thousand metric tons, growing by 1.95% year-over-year. Japan's stocks rose by 1.61% to 13.0, while Myanmar and North Korea remained static at 2.0 and 1.0 respectively. Notable declines were observed in China, Brazil, and South Korea, with South Korea experiencing a significant reduction of 9.0. The five-year compound annual growth rate (CAGR) highlights moderate stability, excluding South Korea’s drop.
Looking ahead, key trends include India's potential capacity enhancements and the impact of sustainability practices in China's production, along with South Korea’s recovery strategies influencing global stock trends.
Top countries in Ricebran Oil Stock Variation by Country
| # | 7 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 185 | 2023 | +2.78% | +1.95% | View data |
| 2 | 2 Japan | 13 | 2023 | +8.33% | +1.61% | View data |
| 3 | 3 Myanmar | 2 | 2023 | 0% | 0% | View data |
| 4 | 4 North Korea | 1 | 2023 | 0% | View data | |
| 5 | 5 China | -1 | 2023 | 0% | View data | |
| 6 | 6 Brazil | -1 | 2023 | 0% | View data | |
| 7 | 7 South Korea | -9 | 2023 | +12.5% | View data |
