From 2020 to 2023, Indonesia had the highest rice consumption, reaching 37.47 million metric tons. Malaysia stood at 2.81 million metric tons, while the Russian Federation was at 1.15. Chile and Kazakhstan were much lower, with 0.2413 and 0.23586 million metric tons respectively. By 2029, Indonesia is expected to exhibit a modest increase in consumption by 0.6%. Malaysia will likely see a slight rise of 1.09%, similar to Chile's 1.6% and Kazakhstan’s 1.73% year-on-year growth. The 5-year CAGR shows a steady average annual increase, reflecting sustained demand.
Key future trends in global rice consumption include rising demand in developing economies, potential short-term impacts from climate change on rice production, and shifting consumer preferences towards healthier rice varieties. Monitoring these trends will be crucial for stakeholders in the rice market.
Top countries in Rice Food Use, Forecast 2020-2029 by Country
| # | 5 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 37,470 | 2029 | +0.6% | +0.6% | View data |
| 2 | 2 Malaysia | 2,810 | 2029 | +1% | +1.09% | View data |
| 3 | 3 Russian Federation | 1,150 | 2024 | |||
| 4 | 4 Chile | 241.3 | 2029 | +1.56% | +1.6% | View data |
| 5 | 5 Kazakhstan | 235.86 | 2029 | +1.69% | +1.73% | View data |
