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. India’s 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 day’s 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. India’s 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).
09.06.2023 |
|
 |
 |
|
 |
11:24 |
EU extends trade benefits for Ukraine |
05.06.2023 |
|
 |
 |
|
 |
11:25 |
2023/24 Grain Production Exceeds Consumption |
02.06.2023 |
|
 |
 |
|
 |
11:45 |
Rebound seen for global cereal output, with worldwide stocks set to hit record levels |
 |
11:35 |
Significant drops in international quotations for wheat, maize, vegetable oils and cheese, while prices of rice, sugar and meat rise |
01.06.2023 |
|
 |
 |
|
 |
11:56 |
Conflict Drives Acute Hunger in the Democratic Republic of Congo - UN agencies warn |
31.05.2023 |
|
 |
 |
|
 |
12:29 |
Three New Foods and Their Applicable Food Safety Standards |
30.05.2023 |
|
 |
 |
|
 |
11:55 |
Haiti: Nearly half of the population is facing acute hunger |
 |
11:34 |
Increasing risk of hunger set to spread in hotspot areas as the Sudan crisis spills over into subregion and el Niño looms - warns new UN report |
28.05.2023 |
|
 |
 |
|
 |
12:51 |
Black Sea Grain Initiative not fully resumed – UN |
25.05.2023 |
|
 |
 |
|
 |
15:52 |
Ukrainian FM urges African Union to demand that Russia stop obstructing work of grain corridor |
20.05.2023 |
|
 |
 |
|
 |
11:49 |
Grain initiative talks continue considering proposal of UN Secretary General – Dpty Minister of Restoration |
05.05.2023 |
|
 |
 |
|
 |
14:45 |
The FAO Food Price Index rebounded slightly in April |
28.04.2023 |
|
 |
 |
|
 |
09:15 |
Yara . 1Q results impacted by falling prices, but tighter nitrogen market into 2Q |
21.04.2023 |
|
 |
 |
|
 |
22:10 |
Ukraine sees no reason to ban Ukrainian grain imports by EU countries - Solsky |
18.04.2023 |
|
 |
 |
|
 |
21:45 |
$5 million from FAO-China South-South Cooperation Programme will assist in building more resilient agrifood systems |
 |
21:05 |
China Becomes World’s Largest Wheat Importer in 2022/23 |
14.04.2023 |
|
 |
 |
|
 |
09:52 |
EBRD and Spain join forces to support Ukraine’s food security and municipal sector |
05.04.2023 |
|
 |
 |
|
 |
13:10 |
Astarta starts 2023 planting season |
31.03.2023 |
|
 |
 |
|
 |
00:27 |
War in Ukraine continues to impact EU farmers |
28.03.2023 |
|
 |
 |
|
 |
22:17 |
Ukraine sends 150,000 tonnes of wheat to Asia |
 |
12:00 |
Global onion prices are at record-high levels due to a global shortage of onions |
12.03.2023 |
|
 |
 |
|
 |
06:17 |
It will enrich Egypt if a kilo of onions costs HUF 1,000 |
10.03.2023 |
|
 |
 |
|
 |
11:03 |
Plummeting Argentina Soybean Production Impacts Global Soybean and Products Trade |
 |
10:15 |
Argentina Drought Cuts Corn Exports with Lowest Global Trade in Three Years |
03.03.2023 |
|
 |
 |
|
 |
15:25 |
Early production outlook for 2023 wheat crops |
 |
14:05 |
FAO Food Price Index declines for the 11th consecutive month |
02.03.2023 |
|
 |
 |
|
 |
15:55 |
Malaysia’s vegetable prices set to soar again due to wet weather |
 |
12:23 |
FAO outlines three pillars of action for initiatives in Ukraine in 2023 |
 |
11:25 |
The Latin America and the Caribbean has the highest cost of a healthy diet compared to other regions |
 |
11:15 |
Pistachios. Global production for 2022/23 is forecast to 791,000 MT |
01.03.2023 |
|
 |
 |
|
 |
10:46 |
Kharkiv Dairy Plant continues to produce dairy products thanks to generator received from Government of Germany |
23.02.2023 |
|
 |
 |
|
 |
15:57 |
Ukraine seeks to extend "Grain deal" for 12 months year to involve more ports - deputy minister |
 |
15:53 |
“Vegetable prices were constantly rising over past two weeks” |
 |
15:33 |
ICMSA say suspicions growing around fertiliser sellers’ reluctance to quote prices for orders |
22.02.2023 |
|
 |
 |
|
 |
14:35 |
Finland supports Ukraine’s grain exports |
16.02.2023 |
|
 |
 |
|
 |
08:13 |
U.S. Soybean Oil Exports Forecast at Record Low |
09.02.2023 |
|
 |
 |
|
 |
10:11 |
Brazil and the United States Vie for World’s Top Corn Exporter |
01.02.2023 |
|
 |
 |
|
 |
00:30 |
Asia-Pacific. In 2021, 396 million people in the region were undernourished - a new report by four UN agencies |
30.01.2023 |
|
 |
 |
|
 |
10:05 |
Global chicken meat production for 2023 is virtually unchanged from the October forecast at 102.9 MMT |
27.01.2023 |
|
 |
 |
|
 |
17:49 |
South Africa exports of tangerines/mandarins are forecast to grow by almost 8 percent in 2022/23 |
15.01.2023 |
|
 |
 |
|
 |
08:36 |
Israel’s planted citrus area in MY 2022/23 is forecast to be 16,200 ha |
 |
08:03 |
Record South American Soybean Supplies Forecast Despite Falling Argentina Crop |
 |
07:35 |
China Total Meat Imports Forecast Higher in 2023 |
13.01.2023 |
|
 |
 |
|
 |
06:26 |
U.S. Sorghum Exports Fall Precipitously |
07.01.2023 |
|
 |
 |
|
 |
19:25 |
World food prices dip in December. FAO Food Price Index ends 2022 lower than a year earlier |
04.01.2023 |
|
 |
 |
|
 |
16:50 |
A $15.5 million EU-funded project aims to respond to disruptions to the agricultural sector caused by war |
22.12.2022 |
|
 |
 |
|
 |
15:15 |
Somalia: FAO calls for fully funded, at-scale and sustained life-saving and livelihoods support to pull people from the brink of famine |
12.12.2022 |
|
 |
 |
|
 |
23:32 |
Burma importing soybean meal to grow aquaculture industry |
10.12.2022 |
|
 |
 |
|
 |
09:37 |
Argentina wheat exports fall while Australia soars |
09.12.2022 |
|
 |
 |
|
 |
20:32 |
Record India Soybean Meal Premiums Disrupt Trade Flows |
Also available:

|