What is the price of rice per kilogram/pound in Bhutan today?
The retail price range for Bhutan rice is between US$ 4.60 and US$ 7.64 per kilogram or between US$ 2.08 and US$ 3.46 per pound(lb). Click here to see today's exact prices of rice in Bhutan
The retail price range in Ngultrum for rice is between INR 380.83 and INR 632.57 per kilogram or between INR 172.71 and INR 286.88 per pound(lb) in Thimphu and Paro.
Wholesale prices
In 2024, the approximate wholesale price range for Bhutan rice is between US$ 3.22 and US$ 5.34 per kilogram or between US$ 1.46 and US$ 2.42 per pound(lb).
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Bhutan Rice Export Prices - Historical, Trends and Prediction
The export price per kilogram of Rice from Bhutan over the last five years has been relatively low. In 2012, the price was 1.93 US $ per kg, but it dropped to 0.00 US $ per kg in 2013 and has remained at that level since then. Looking ahead, it is likely that the export price of Rice from Bhutan will remain at 0.00 US $ per kg in 2023 and 2024.The Bhutan rice exports are classified as:
- Broken rice (HS code 100640)
- Husked or brown rice (HS code 100620)
- Rice in the husk, "paddy" or rough (HS code 100610)
- Semi-milled or wholly milled rice, whether or not polished or glazed (HS code 100630)
Bhutan Rice Import Prices - Historical, Trends and Prediction
The import price of Rice into Bhutan over the last five years has been relatively stable. In 2012, the price per kilogram was 1.93 US dollars. Since then, the price has remained at 0.00 US dollars for the years 2013, 2014, 2015, 2017, 2018 and 2019. Based on this data, it is likely that the import price of Rice into Bhutan will remain at 0.00 US dollars for the years 2020, 2021, 2022, 2023 and 2024.Export values for Bhutan rice
The total values in export for rice in Bhutan were US$ 74, US$ 14, US$ 18 and US$ 26 in US dollar thousand for the years 2015, 2017, 2018 and 2019 in that order.
Prices of other produce in the Cereals/Grains category in Bhutan: 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.
Bhutan rice - Production, Exports, Imports, Seasons and HS Codes
In 2019 Bhutan exported 12 tonnes of rice. Across 2019 alone, the demand for Bhutan rice (cereals/grains category) has improved, flactuating by 50 pc compared to the year 2018. Between 2017 and 2019, rice's exports went up by 100 percent bringing the country US$0.03m for the year 2019. Bhutan's rice exports are categorised as:
- Semi-milled or wholly milled rice, whether or not polished or glazed (HS code 100630)
- Rice in the husk, "paddy" or rough (HS code 100610)
- Broken rice (HS code 100640)
- Husked or brown rice (HS code 100620)
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Bhutan rice export values
In 2019, Bhutan sold rice costing 0.03m USD, an increase of 66.67% from 2018's total rice export of 0.018m USD. The yearly change in value of Bhutan rice between 2017 to 2018 was 28.571 per cent.
The annual/yearly change in the volume of Bhutan's rice exports between 2017 and 2019 was 100% compared to a variation of 50% in the period between 2018 and 2019.
Export markets for Bhutan rice ( in '000$ )
Bhutan's best performing export markets for rice are Singapore, Germany, Australia, US and Canada.
Bhutan purchased 27,622 tonnes of rice in 2019.
Production
The production of rice in Bhutan was 332,932 tonnes in 2019 and is predicted to change by an average of -21.85%. The country had approximately 98,088.00 hectares under rice cultivation.