OECD-FAO Agricultural Outlook 2018-2027 by OECD & FAO

Author:OECD & FAO
Language: eng
Format: epub
Tags: Trade/Agriculture and Food
Publisher: OECD Publishing and FAO
Published: 2018-07-02T16:00:00+00:00

Figure 3.8. Exports and stocks for Asian rice exporters

Source: OECD/FAO (2018), “OECD-FAO Agricultural Outlook”, OECD Agriculture statistics (database), http://dx.doi.org/10.1787/agr-outl-data-en.

StatLink http://dx.doi.org/10.1787/888933742967

China will remain the largest importer of rice throughout the next ten years despite imports declining by 16% (-1 Mt) from the base period. The largest import growth will be in African countries where demand is expected to outpace production. While production is expanding in African countries, it is restrained by climate conditions, limited use of inputs and infrastructure development. Nigeria, in particular, is projected to maintain its position as the second largest importer after China, increasing imports by 2 Mt, such that imports account for 55% of domestic consumption by 2027. Overall, imports in Africa are expected to increase from 15 Mt in the base period to 25 Mt in 2027, lifting Africa’s share of world imports from 34% to 44%. In addition to China and Nigeria, the group of the five major importers includes the Islamic Republic of Iran, Saudi Arabia and the Philippines. Altogether, these five countries are expected to account for about a third of global rice imports by 2027, compared to 28% in the base period. By region, LDC Sub Saharan Africa represents about 28% of the total imports by 2027.

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