What is the price of rice per kilogram/pound in India today?
The retail price range for India rice is between US$ 0.66 and US$ 2.08 per kilogram or between US$ 0.30 and US$ 0.94 per pound(lb). Click here to see today's exact prices of rice in India
The retail price range in Indian Rupee for rice is between INR 54.33 and INR 171.92 per kilogram or between INR 24.64 and INR 77.97 per pound(lb) in New Delhi and Mumbai.
Wholesale prices
In 2024, the approximate wholesale price range for India rice is between US$ 0.46 and US$ 1.45 per kilogram or between US$ 0.21 and US$ 0.66 per pound(lb).
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India Rice Export Prices - Historical, Trends and Prediction
The export price per kilogram of Rice from India over the last five years has been relatively stable. In 2017, the price was 0.58 US $ per kg, followed by 0.63 US $ per kg in 2018. In 2019, the price increased to 0.69 US $ per kg, before dropping to 0.55 US $ per kg in 2020. The most recent year, 2021, saw the lowest price of 0.45 US $ per kg. Based on this trend, it is predicted that the export price per kilogram of Rice from India in 2023 will be around 0.50 US $ per kg, and in 2024 will be around 0.55 US $ per kg.The rice exports from India are categorised as:
- 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)
- Husked or brown rice (HS code 100620)
India Rice Import Prices - Historical, Trends and Prediction
The import price per kilogram of Rice into India over the last five years has been relatively stable. In 2017, the price was 0.58 US $ per kg, followed by 0.63 US $ per kg in 2018. In 2019, the price increased to 0.69 US $ per kg, before dropping to 0.55 US $ per kg in 2020. The price then decreased further to 0.45 US $ per kg in 2021. This indicates a downward trend in the import price of Rice into India over the last five years. Based on this trend, it is predicted that the import price of Rice into India in 2023 will be 0.40 US $ per kg and in 2024 will be 0.35 US $ per kg.Export values for India rice
The total values in export for rice in India were US$ 10,629,748, US$ 14,155,428, US$ 14,722,998 and US$ 13,601,342 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 India: 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.
India rice - Production, Exports, Imports, Seasons and HS Codes
In 2019 India sold 19,638,996 tonnes of rice. Through 2019 alone, the market for India rice (cereals/grains category) has shrunk, recording a change of -15.825 pc compared to the year 2018. Between 2017 and 2019, rice's exports went down by -18.98% netting India US$13,601.34m for the year 2019. India's rice exports are categorised as:
- Husked or brown rice (HS code 100620)
- Semi-milled or wholly milled rice, whether or not polished or glazed (HS code 100630)
- Broken rice (HS code 100640)
- Rice in the husk, "paddy" or rough (HS code 100610)
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India rice export values
In 2019, India shipped rice worth 13,601.34m USD, a reduction of -7.62% from 2018's total rice export of 14722.998m USD. The yearly change in value of India rice between 2017 to 2018 was 4.01 percent.
The annual change in the volume of India's rice exports between 2017 and 2019 was -18.98% in comparison to a variation of -15.825% in the period between 2018 and 2019.
Export markets for India rice ( in '000$ )
India's best performing export markets for rice are Azerbaijan, Nepal, Guinea-Bissau, Mozambique and Burkina Faso.
India ordered 19,638,996 tonnes of rice in 2019.
Production
The production of rice in India was 1,184,536,832 tonnes in 2019 and is estimated to change by an average of 1.68%. The country had approximately 350,240,000.00 hectares under rice cultivation.