Homepage  Homepage     Search on site  Search on site     To write the letter  To write the letter     Site map  Site map
Agro Perspectiva
We are on: 
   
 


Home > News

India Imposes Export Restrictions on Certain Types of Rice

13.09.2022 05:00 "Agro Perspectiva" (Kyiv) According to the report of the USDA Grain: World Markets and Trade (September 2022), India, the largest rice exporter, implemented policies on September 9 to restrict its exports. The government imposed a ban on exports of 100 percent broken rice (HS 100640) and also is applying a 20 percent tariff on paddy (100610), brown (100620), and white rice that is neither basmati nor parboiled rice (10063090). This is the first restriction that India has placed on its exports since it lifted its 3-year ban on non-basmati rice in 2011. Since that time, India has become the primary rice exporter, expanding its domination so that in 2021, India accounted for 41 percent of total global exports, larger than the next 4 exporters (Thailand, Vietnam, Pakistan, and the United States) combined.

As a result of this ban, the forecast for total rice export has been cut to 20.3 million tons for 2022 and 20.0 million tons for 2023.

Indias exports of paddy rice, brown rice, non-basmati, non-parboiled regular white rice (HS 10063090) are now taxed at 20 percent. The largest of these categories is non-basmati, non-parboiled white rice, which it supplies mainly to Africa and neighboring countries. Especially over the past couple of years,

Indian prices have been at a significant discount compared to the other major exporters, making it an attractive option for low-income importing countries. As shown in the graph below, the 20 percent export tariff applied to the export quote for September 9 results in a price above most Asian exporters except for Thailand. The export tax was implemented with less than a days notice, leaving exporters scrambling.

India exports a variety of types of rice and this ban notably excludes basmati and parboiled rice. Basmati rice is a type of fragrant rice that commands a premium and is primarily exported to the Middle East, Europe, and North America. Indias basmati rice exports have averaged around 4.3 million tons annually.

India is the primary exporter with Pakistan as the main competitor. Parboiled rice is produced by steaming regular paddy rice under pressure and then milling it, resulting in different cooking characteristics favored among some parts of India, Bangladesh, parts of Africa, and Saudi Arabia. Since paddy rice can either be processed into regular white rice or parboiled rice, the new policy may encourage more shipments of parboiled, since it will not be taxed. However, over the past several years, India has seized an increasing share of global parboiled exports, shipping 4.1 million tons in the first 7 months of 2022, compared to 0.7 million tons from Thailand for the same period.

AGRO PERSPECTIVA offers Agro + «Ukrainian Grain & Oilseed Market» weekly analytical bulletin.

Concerning subscription please contact: client@agroperspectiva.com or +380675964652 (WhatsApp, Viber, Telegram).

Agro Perspectiva

< Famine in Somalia projected, lives of millions of people are at immediate risk, UN says All news for
13.09.2022
China vegetable oil imports plunge in 2021/22 but forecast to recover in 2022/23 >

23.11.2022  
05:44 Australia sugar production for 2022/23 is estimated to rise slightly to 4.4 MMT
21.11.2022  
07:54 U.S. provides up to $20 mln for Grain from Ukraine initiative
07:25 Grain from Ukraine program foresees provision of at least 5 mln people with grain until end of spring 2023
16.11.2022  
10:02 World sugar production - 179.6 million tonnes - FAOs preliminary forecast
15.11.2022  
20:11 Rice. The 2022/23 global harvest is still envisaged to remain at an overall average level of 512.6 million tonnes
19:38 World wheat production is forecast to reach a record 784 million tonnes in 2022/23,
19:32 Alarming signs as the global food import bill set to rise to nearly US$2 trillion due to higher prices
10.11.2022  
13:35 Conflict on the Black Sea: a review of Ukraine sunflowerseed
08.11.2022  
08:12 Ukraine: FAO reinforces its presence to optimize technical and humanitarian assistance
02.11.2022  
09:52 Pork. Global production is forecast to rise 1 percent in 2023 to 111.0 million tons as production in China increases
09:33 Turkey raises tariff on imported sunflowerseed
09:24 India: The FSSAI's 2021 Draft Amendments to the Approval of Non-Specified Food and Food Ingredients Regulation is now a Final Amendment in 2022
31.10.2022  
08:00 New $250 million USAID grant will boost FAOs efforts to strengthen global health security and agrifood systems
07:45 Global market overview onions
28.10.2022  
07:00 China: Worlds Largest Walnut Producer Turns to Exports
27.10.2022  
08:44 Credit Union Member Farmers in Ukraine Receive Free Fuel Through Worldwide Foundation for Credit Unions Program
24.10.2022  
13:37 EBRD commits up to EUR3 billion to Ukraine
21.10.2022  
17:00 European Commission and EIB initiate feasibility study to better connect Ukrainian and Moldovan railway networks with EU
14.10.2022  
20:15 EBRD and United Kingdom join forces to back Ukrenergo
20:11 Canada and EBRD join forces to support Ukraines Naftogaz
12.10.2022  
21:03 Strong Farmer Selling Sparks Argentina Exports
20:32 EU Corn Imports Remain High with Smaller Crop
10.10.2022  
19:54 Inflation in Ukraine up to 1.9% in Sept, to 24.6% in annual terms - statistics
09.10.2022  
10:54 Turkey Peach and Nectarine Prospects Continue to Ripen
09:32 EU27 sugar production for MY 2022/23 is forecast at 16 MMT
07.10.2022  
11:35 World Bank improves forecast for growth of Ukrainian economy in 2023 to 3.3%
11:17 Asia-Pacific countries urged to rapidly transform agrifood systems as hopes fade for achieving the Sustainable Development Goals by 2030
11:11 Lower forecasts for 2022/23 global cereal output, utilization and trade
11:05 FAO Food Price Index drops for the sixth consecutive month
10:26 How sustainable forest management can enhance the worlds biodiversity
05.10.2022  
10:22 Turkeys pistachio production in MY 2022/23 is forecast to increase year-over-year to 210,000 MT
04.10.2022  
20:05 World Bank improves forecast for growth of Ukrainian economy in 2023 to 3.3%
12:11 Tackling food loss and waste: A triple win opportunity
28.09.2022  
08:47 EBRD expects Ukraines economy to contract by nearly a third in 2022
27.09.2022  
15:48 Farmers sowed 961,000 hectares of winter rapeseed
13.09.2022  
07:03 China vegetable oil imports plunge in 2021/22 but forecast to recover in 2022/23
05:00 India Imposes Export Restrictions on Certain Types of Rice
08.09.2022  
16:43 Famine in Somalia projected, lives of millions of people are at immediate risk, UN says
05.09.2022  
19:00 Lower cereal production outlook underpins downward revisions for utilization and stocks in 2022/23
18:55 World food commodity prices dip for fifth month in a row in August
31.08.2022  
08:55 BASF and Corteva Agriscience collaborate to deliver the future of weed control to soybean farmers
29.08.2022  
23:37 Ukraine and Moldova abolish permits for intl cargo transportation from Sept
14:57 Chile: Walnut production estimates in 165,000 MT in 2022/23 MY
25.08.2022  
14:12 Prices for rapeseed (non-GMO) at the western border of Ukraine fell to the level of USD530-550/t
09:55 The supply of wheat on the market is increasing
09:45 With higher food prices and pressing needs, UN team in Algeria calls for support for Sahrawi Refugees
19.08.2022  
07:06 The FAO Dairy Price Index averaged 146.4 points in July, down 3.8 points (2.5 percent) from June
06.08.2022  
15:38 FAO Food Price Index registered a steep drop in July
03.08.2022  
15:55 BASF enters power agreements for clean energy supply of more than 20 BASF sites across the United States
13:22 FAO to boost soil nutrient mapping in Central America and sub-Saharan Africa $20 million contribution from U.S.A. will catalyze more efficient use of fertilizers

Also available: 


NewsNews - News - News - News - News - News
BriefWeekly Reports - Free article
SubscriptionTariff - News&Reports
AdvertisingMagazine - Site
ConferencesForum AGRO-2013 - DAIRY WORLD-2008 - FERTILIZERS-2010
Statistics
For our clientsAgroNewsDaily - Ukrainian Grain&Oilseed Market - Fertilizers - Milk Monthly - Milk Weekly
About usAbout project - Contact
2002 -2022 © Agrarika, ltd.
tel.: +380 44 5934543; +380 44 5934540
e-mail: client@agroperspectiva.com