As of 2023, Nigeria leads global rice imports at 3.51 million metric tons, followed by the United States at 0.99654 million metric tons, the United Kingdom at 0.67646 million metric tons, New Zealand at 0.05788 million metric tons, and Kazakhstan at 0.00913 million metric tons. The year-on-year forecast to 2029 indicates varying growth patterns:
- Nigeria is projected to have a 5.5% annual increase in rice imports.
- The United States is expected to experience a moderate annual growth of 1.08%.
- The United Kingdom shows marginal growth at 0.12%.
- New Zealand anticipates a yearly rise of 1.5% in imports.
- Kazakhstan may experience a decrease of 0.39%.
Future trends point to a growing demand for rice imports in Nigeria driven by population growth and urbanization. In contrast, developed countries such as the United States and the United Kingdom may show slower growth due to dietary shifts and local production efforts. Emerging markets like Nigeria should be monitored for policy changes or economic fluctuations that could impact import levels significantly.
Top countries in Rice Imports, Forecast 2020-2029 by Country
| # | 5 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Nigeria | 3,510 | 2029 | +5.29% | +5.5% | View data |
| 2 | 2 United States | 996.54 | 2029 | +1.04% | +1.08% | View data |
| 3 | 3 United Kingdom | 676.46 | 2029 | +0.13% | +0.12% | View data |
| 4 | 4 New Zealand | 57.88 | 2029 | +1.5% | +1.5% | View data |
| 5 | 5 Kazakhstan | 9.13 | 2029 | -0.58% | -0.39% | View data |
