China and India remain dominant in global milled rice supply with shares of 34.83% and 22.5% respectively. India grew significantly by 3.73% year-on-year, whereas China saw a slight decline of 0.16%. Other key players include Indonesia (5.32%), Bangladesh (5.28%), and Vietnam (4.04%). Noticeable increases were seen in countries like Iraq (15.42%), Afghanistan (9.21%), and Kenya (7.7%). Conversely, countries such as Libya (-17.81%), Ukraine (-15.9%), and Argentina (-4.68%) experienced substantial declines.
Future trends to watch include continued growth in India’s rice production and potential shifts in the global supply chain driven by climatic factors and geopolitical shifts. Emerging markets like Kenya and Iraq may play increasingly larger roles if current growth rates persist.
Top countries in Milled Rice Supply Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 34.83 | 2023 | -1.8% | -0.16% | View data |
| 2 | 2 India | 22.5 | 2023 | -1.62% | +3.73% | View data |
| 3 | 3 Indonesia | 5.32 | 2023 | -0.5% | -0.43% | View data |
| 4 | 4 Bangladesh | 5.28 | 2023 | -1.4% | +1.25% | View data |
| 5 | 5 Vietnam | 4.04 | 2023 | -4.46% | +0.76% | View data |
| 6 | 6 Thailand | 3.08 | 2023 | -6.74% | -0.47% | View data |
| 7 | 7 Philippines | 2.68 | 2023 | +2.05% | +3.46% | View data |
| 8 | 8 Myanmar | 1.76 | 2023 | +2.78% | -1.43% | View data |
| 9 | 9 Pakistan | 1.34 | 2023 | +22.13% | +2.89% | View data |
| 10 | 10 Japan | 1.32 | 2023 | -3.31% | -1.43% | View data |
