What is the price of rice per kilogram/pound in China today?
The retail price range for China rice is between US$ 0.77 and US$ 1.55 per kilogram or between US$ 0.35 and US$ 0.70 per pound(lb). Click here to see today's exact prices of rice in China
The retail price range in Yuan Renminbi for rice is between CNY 5.43 and CNY 10.86 per kilogram or between CNY 2.46 and CNY 4.93 per pound(lb) in Beijing and Shanghai.
Wholesale prices
In 2024, the approximate wholesale price range for China rice is between US$ 0.54 and US$ 1.08 per kilogram or between US$ 0.25 and US$ 0.49 per pound(lb).
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China Rice Export Prices - Historical, Trends and Prediction
The export price per kilogram of Rice from China over the last five years has seen a steady decline. In 2017, the price was 0.50 US $ per kg, and by 2021, it had dropped to 0.42 US $ per kg. The lowest price was recorded in 2019, at 0.39 US $ per kg. The price has since increased slightly to 0.40 US $ per kg in 2020 and 0.42 US $ per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Rice from China will be 0.45 US $ per kg in 2023 and 0.48 US $ per kg in 2024.The rice exports from China are categorised as:
- Husked or brown rice (HS code 100620)
- Rice in the husk, "paddy" or rough (HS code 100610)
- Broken rice (HS code 100640)
- Semi-milled or wholly milled rice, whether or not polished or glazed (HS code 100630)
China Rice Import Prices - Historical, Trends and Prediction
The import price per kilogram of Rice into China over the last five years has seen a steady decline. In 2017, the price was 0.50 US dollars per kg, and by 2021, it had dropped to 0.42 US dollars per kg. This represents a 16% decrease in the import price of Rice over the five year period. The trend of decreasing prices has been consistent, with the price dropping from 0.94 US dollars per kg in 2015 to 0.42 US dollars per kg in 2021. Based on this trend, it is likely that the import price of Rice into China will continue to decrease in the coming years. We can predict that the import price of Rice into China in 2023 will be around 0.37 US dollars per kg, and in 2024 it will be around 0.33 US dollars per kg.Export values for China rice
The total values in export for rice in China were US$ 11,230,304, US$ 19,096,800, US$ 28,393,952 and US$ 33,887,360 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Cereals/Grains category in China: Wheat, Rye, Barley, Oats, Maize, Sorghum, Buckwheet, Millet, Canary seed & Fonio.
See prices of rice in other countries across Asia: Kazakhstan rice, Kyrgyzstan rice, Tajikistan rice, Turkmenistan rice, Uzbekistan rice, China rice, Hong Kong rice, Macao rice, North Korea rice & Mongolia rice.
China rice - Production, Exports, Imports, Seasons and HS Codes
In 2019 China shipped 87,921,856 tonnes of rice. In 2019 alone, the interest in China rice (cereals/grains category) has gone up, flactuating by 31.517 % compared to the year 2018. Between 2017 and 2019, rice's exports increased by 129.58% netting the exporter US$33,887.36m for the year 2019. China's rice exports are classified as:
- Husked or brown rice (HS code 100620)
- Broken rice (HS code 100640)
- Semi-milled or wholly milled rice, whether or not polished or glazed (HS code 100630)
- Rice in the husk, "paddy" or rough (HS code 100610)
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China rice export values
In 2019, China supplied rice valued at 33,887.36m USD, a growth of 19.35% from 2018's total rice export of 28393.952m USD. The yearly growth in value of China rice between 2017 to 2018 was 48.684%.
The annual/yearly change in the amount of China's rice exports between 2017 and 2019 was 129.58% in comparison to a variation of 31.517% in the period between 2018 and 2019.
Export markets for China rice ( in '000$ )
China's best performing destinations for rice are Ivory Coast (Côte d'Ivoire
), Turkey, Niger, Papua New Guinea and Libya.
China bought 79,655,680 tonnes of rice in 2019.
Production
The production of rice in China was 22,458,849,280 tonnes in 2019 and is predicted to change by an average of -1.22%. The country had an estimated 3,817,604,224.00 hectares under rice cultivation.