In 2023, significant contributors to global rice stock variation were India, Indonesia, and China, with stable levels, while Nigeria saw an exceptional 38.67% increase. Notable decreases included Vietnam at -0.51%. Countries like Haiti and Ethiopia exhibited substantial growth, with variations of 13.88% and 12.47%, respectively. Emerging trends indicate a continued rise in stocks in Western African regions, such as Ghana and Niger. Conversely, stock levels in countries like Kuwait and Switzerland showed notable declines. Over a 5-year span, these variations suggest diversification in rice supply chains, impacting global markets.
Future trends to watch include potential challenges in supply due to climate change, influencing major producers like India and China, while continued technological innovations could lead to efficiency improvements in emerging markets. Additionally, trade policy changes could alter stock distribution patterns, making adaptability crucial for maintaining market stability and growth.
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 34.35 | 2023 | +8.25% | View data | |
| 2 | 2 Indonesia | 31.93 | 2023 | +4.66% | +3.67% | View data |
| 3 | 3 China | 19.54 | 2023 | -16.67% | View data | |
| 4 | 4 Vietnam | 10.75 | 2023 | -0.098% | -0.51% | View data |
| 5 | 5 Ivory Coast | 3.57 | 2023 | +3.67% | +3.41% | View data |
| 6 | 6 Philippines | 3.48 | 2023 | +3.5% | View data | |
| 7 | 7 United States | 2.82 | 2023 | +1.67% | View data | |
| 8 | 8 Myanmar | 2.38 | 2023 | +12.56% | View data | |
| 9 | 9 Benin | 2.07 | 2023 | +6.38% | View data | |
| 10 | 10 Ghana | 1.28 | 2023 | +5.38% | +3.02% | View data |
