Forecast: Import of Milled Rice to China

In 2023, the import of milled rice to China stood at approximately 1.727 billion US Dollars. The forecast for the period from 2024 to 2028 shows a steady increase in import value from 1.7954 to 2.0633 billion US Dollars. This represents a compound annual growth rate (CAGR) of approximately 3.64% over the five-year period. Year-on-year growth from 2024 to 2025 is estimated at 3.84%, a trend consistent with incremental increases observed in each subsequent year, reflecting China's continued demand for milled rice.

Future trends to watch for include:

  • Potential policy changes affecting rice imports and domestic rice production capacities.
  • Shifts in consumer preferences and dietary trends which could impact rice demand.
  • Exchange rate fluctuations and trade agreements which could affect the cost of imports.
  • Technological advancements in agriculture that may influence the balance of imported versus domestically-produced rice.

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