U.S. Organic Rice Market – Analysis and Forecast to 2020

By | December 29, 2016

This report has been designed to provide a detailed analysis of the U.S. organic rice market. It covers the most recent data sets of quantitative medium-term projections, as well as developments in production, trade, consumption and prices.

U.S. imports of organic rice amounted to 24,444 thousand USD in 2015, which is nearly equivalent to their value in 2011. Over the period under review, imports showed mild fluctuations, rising in 2012 and 2013, and falling by 20% in 2014.

According to IndexBox estimates, Thailand remained the dominant foreign supplier of organic rice to the U.S. In 2015, Thailand’s organic rice imports totaled 10,966 thousand USD, which accounted for a 45% share in terms of U.S. imports. India, Argentina, China, and Italy were the other key suppliers of organic rice in 2015, with a 52% combined share of total organic imports.

China (+125.5% per year) and Argentina (+83.5% per year) were the fastest growing exporters of organic rice to the U.S. from 2011 to 2015. India significantly strengthened its position in terms of U.S. organic rice imports, growing its share from 22% in 2011 to 39% in 2015.

Import prices for organic rice grew by a modest 0.8% annually from 2011 to 2015. The highest annual rates were recorded in Argentina (9.2%), followed by China (2.6%).

The average import price for organic rice was 1.21 USD per kg in 2015. Import prices varied considerably by country of origin. Italy (2.38 USD/kg) was a high priced country of origin, while Thailand (1.14 USD/kg) and Argentina (0.94 USD/kg) were among the lowest.