In 2023, Italy spearheaded the European production of husked (brown) rice with a value of €169.36 million, showcasing a 2.99% increase from the previous year. Spain and France followed, albeit with negative growth for Spain at -1.79%. Bulgaria exhibited significant progress with a 14.47% increase. Conversely, Greece saw an 8.86% decline. Hungary and Denmark achieved moderate growth at 4.83% and 8.59%, respectively. The 5-year CAGR reveals varied performance across countries, indicating dynamic changes in the market landscape.
Future trends to watch:
- Increasing demand for sustainable and organic rice impacting production strategies.
- Potential economic shifts influencing production costs and pricing structures.
- Technological advancements in agriculture affecting efficiency and yield.
- Regulatory changes and trade policies within the EU potentially reshaping production and distribution channels.
Top countries in Sold Production of Husked (Brown) Rice by Country
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 169,360,000 | 2023 | +15.16% | +2.99% | View data |
| 2 | 2 Spain | 9,371,700 | 2023 | -2.38% | -1.79% | View data |
| 3 | 3 France | 6,432,000 | 2021 | -0.63% | View data | |
| 4 | 4 Bulgaria | 3,019,900 | 2023 | +5.08% | +14.47% | View data |
| 5 | 5 Greece | 1,779,600 | 2023 | +0.0089% | -8.86% | View data |
| 6 | 6 Hungary | 1,113,000 | 2023 | +5.72% | +4.83% | View data |
| 7 | 7 Germany | 624,000 | 2021 | View data | ||
| 8 | 8 Denmark | 145,230 | 2023 | +18.63% | +8.59% | View data |
