Rice on Tradologie
BASMATI RICELONG GRAIN RICEMEDIUM GRAIN RICE
Welcome to the world’s first enquiry-to-delivery trade enabling digital platform, with a global base of 25,000 rice importers and 800+ elite Rice Suppliers. With the help of technology, we make rice trading simple and easy for our rice importers and exporters.
Tradologie seeks to connect traders directly to rice millers, and integrate its contemporary and mechanized purchasing practices through its dedicated platform, and in the same course, satisfy rice importers, by providing different varieties of Basmati, Non-Basmati and Medium Grain Rice in a cheap, easy and hassle-free manner.
About Rice
Rice in one of the most important food crop in the world essential for meeting global hunger. Ranking behind sugarcane and maze, it is the third most cultivated agricultural product in the world. It is the staple food in Asia and is increasingly becoming important in Africa and Latin America.
Rice is grown in over a hundred countries, with a total harvested area of around 158 million hectares, producing over 700 million tonnes every year (470 million tonnes of milled rice). Accounting nearly 90% of world’s production, 640 million tons of rice is grown in Asia. Sub-Saharan Africa produces around 19 million tonnes and Latin America around 25 million tonnes. In Asia and sub-Saharan Africa, almost all rice is grown on small farms of 0.5 to 3 hectares.
China despite having a low harvested area in comparison to India, ranks first in terms of rice production. The reason being higher yields as almost all of China's rice area is irrigated, while less than half of the Indian rice area is irrigated. Behind China, comes India as a major rice producer in the world which is followed by other main rice producing nations like Indonesia, Bangladesh, Vietnam, Myanmar and Thailand.
International Rice Market
Unlike maize and wheat, rice mostly tends to be consumed where it is produced and does not enter international markets. Yet the volume of international rice trade has almost quadrupled, from 7.5 million tonnes per year in the 1960s to an average of 28.5 million tonnes in 2000-2009. The current global rice trade stands at around 42 million tonnes.
The rice export market is highly concentrated, with the top five Rice Exporters accounting for 80% of world rice trade. Of the top five rice exporters, four (Thailand, India, Vietnam and Pakistan) are from Asia. Thailand has held the top spot for most of the past four decades. India is the largest rice exporter with a total of 26.3% of total rice exports in 2017. Thailand and the United States occupy the second and third positions with a total market share of 24.9%. and 8.5% consecutively. For Asian rice exporting
countries, rice is still the most important staple food, and domestic food security and strategic reserve are extremely important.In contrast to the heavy concentration on the export market, the import side is quite fragmented. The top five Rice Importers account for about 30% of total rice trade and the top ten account for less than 50% of total imports. Many of the major rice importers, including the top importer at present, China, are from Asia and account for a quarter of total rice trade. The other major importing regions are the Middle East and Africa, with almost half of the total world trade. These two markets are the fastest growing, with trade volumes doubling from 10 to 20 million tonnes over the past decade.
Types of Rice Shops
The global rice trade can be broadly divided into aromatic and non-aromatic rice. The aromatic rice market includes basmati and jasmine rice while the non-aromatic rice market includes white, parboiled and glutinous rice. In the case of the basmati trade, India and Pakistan are the top Rice Exporters, exporting 100% of this variety of rice to all regions of the world, with Middle Eastern countries being the main destinations, followed by the European Union. Over the past 15 years, global trade in basmati rice has grown from 1 to over 4 million tonnes, with India capturing almost all of the market expansion while Pakistan's market share has decreased from 50% to less than 20% during the same period.
For the jasmine rice market, Thailand dominated with a market share of almost 100% ten years ago. But, Vietnam and Cambodia have made significant inroads in the market in recent years, with Thailand's share falling below 50%. Vietnam has evolved into the biggest competitor for Thai Hommali jasmine rice, with nearly 40% market share. But, despite its growing market share, Vietnamese jasmine still commands a premium price in the market.
Besides selecting the major rice grade, the buyer can input other quality specifications such as rice length, rice whiteness, rice moisture, rice mix percentage (%), color of rice, etc.
Get Rice on Tradologie.com for Absolutely No Extra Cost
Tradologie is a world’s first trade enabling digital platform where a rice importer can enter his/her own specifications of rice that he/she wishes to purchase. Tradologie.com does not charge its valued customers any additional cost for Buying Bulk Rice and the entire sourcing process is highly transparent and free. To facilitate business, the following options are currently added: Basmati Rice and Non-Basmati Rice.
Why Buy Bulk Rice Through Tradologie.com?
- Best price guaranteed and secure payment.
- More than 800 rice millers are registered directly with us.
- All major rice exporters are registered on our platform
- We do not sell enquiries, we ensure trade through the most transparent and secure process.
- 24/7 customer service to resolve your grievances.
Who Can Be Our Sellers?
Only verified sellers and suppliers who have established export credentials and manufacturing facilities cam become registered sellers on the platform and that too after verifying themselves. The buyer will have the option to choose from rice exporters, rice suppliers, rice manufacturers, rice millers, rice polishers, rice stockists, rice wholesalers, large rice traders and rice aggregators while floating their negotiation request for Buying Bulk Rice.
Who Can Be Our Buyers?
Buyers must be a registered entity with rice import or agri-import credentials or be a registered rice trader, agro-trader, agricultural wholesaler or aggregator from India or around the world.
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