What is the price of rice per kilogram/pound in Pakistan today?
The retail price range for Pakistan rice is between US$ 0.29 and US$ 0.49 per kilogram or between US$ 0.13 and US$ 0.22 per pound(lb). Click here to see today's exact prices of rice in Pakistan
The retail price range in Pakistan Rupee for rice is between PKR 83.49 and PKR 139.14 per kilogram or between PKR 37.86 and PKR 63.10 per pound(lb) in Islamabad and Lahore.
Wholesale prices
In 2024, the approximate wholesale price range for Pakistan rice is between US$ 0.20 and US$ 0.34 per kilogram or between US$ 0.09 and US$ 0.15 per pound(lb).
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Pakistan Rice Export Prices - Historical, Trends and Prediction
The export price of rice from Pakistan has seen a steady increase over the past five years. In 2018, the export price per kilogram was $0.45, which increased to $0.50 in 2019. In 2020, the price rose to $0.55, and in 2021 it further increased to $0.60. The export price of rice from Pakistan reached its highest point in 2022, at $0.65 per kilogram. Looking ahead, it is likely that the export price of rice from Pakistan will continue to increase in the coming years, with an estimated price of $0.70 per kilogram in 2023 and $0.75 per kilogram in 2024.The rice exports from Pakistan are classified as:
- Semi-milled or wholly milled rice, whether or not polished or glazed (HS code 100630)
- Broken rice (HS code 100640)
- Husked or brown rice (HS code 100620)
- Rice in the husk, "paddy" or rough (HS code 100610)
Pakistan Rice Import Prices - Historical, Trends and Prediction
The import price of rice into Pakistan has seen a steady increase over the past five years. In 2018, the import price per kilogram was $0.45, which increased to $0.50 in 2019. In 2020, the price rose to $0.55, and in 2021 it further increased to $0.60. The most recent data shows that the import price per kilogram of rice into Pakistan in 2022 was $0.65. Overall, the import price of rice into Pakistan has increased by 45% over the past five years. This trend is likely to continue in the coming years, and it is predicted that the import price per kilogram of rice into Pakistan in 2023 will be around $0.70, and in 2024 it will be around $0.75.Export values for Pakistan rice
The total values in export for rice in Pakistan were US$ 3,406,096, US$ 3,492,394, US$ 4,028,654 and US$ 4,554,012 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 Pakistan: 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.
Pakistan rice - Production, Exports, Imports, Seasons and HS Codes
In 2019 Pakistan exported 9,177,916 tonnes of rice. Through 2019 alone, the demand for Pakistan rice (cereals/grains category) has surged, changing by 16.696 pc compared to the year 2018. Between 2017 and 2019, rice's exports went up by 25.49 percent earning the exporter US$4,554.01m for the year 2019. Pakistan's rice exports are categorised as:
- Rice in the husk, "paddy" or rough (HS code 100610)
- Semi-milled or wholly milled rice, whether or not polished or glazed (HS code 100630)
- Broken rice (HS code 100640)
- Husked or brown rice (HS code 100620)
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Pakistan rice export values
In 2019, Pakistan supplied rice worth 4,554.01m USD, an improvement of 13.04% from 2018's total rice export of 4028.654m USD. The yearly growth in value of Pakistan rice between 2017 to 2018 was 15.355 percent.
The annual/yearly change in the quantity of Pakistan's rice exports between 2017 and 2019 was 25.49 percent when compared to a variation of 16.696% in the growth rate between 2018 and 2019.
Export markets for Pakistan rice ( in '000$ )
Pakistan's top destinations for rice are Indonesia, Senegal, Sierra Leone, Guinea-Bissau and Portugal.
Pakistan bought 242,806 tonnes of rice in 2019.
Production
The production of rice in Pakistan was 74,117,672 tonnes in 2019 and is projected to change by an average of 2.89%. The country had an estimated 24,271,720.00 hectares under rice cultivation.