Rice: Import Price Falls 21%

Between June 2018 and the same month in 2019, the average price of Central American rice imports has reported a downward trend, from $0.43 to $0.34 per kilo.

Friday, November 22, 2019

Import of rice in Central America Al September 30th, 2019  

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Costa Rica, Top Buyer
From January to June 2019, the main importer of rice in Central America was Costa Rica, with $41 million, followed by Panama, with $25 million, Guatemala and Nicaragua, with $22 million each, El Salvador, with $15 million, and Honduras, with $13 million.

Regional Business Upwards
Between the first six months of 2018 and the same period in 2019, the value of rice imports fell by 16%, from $163 million to $137 million.

Origin of Imports
From January to June 2019, 64% of the value imported from Central America came from the U.S., 15% from Argentina, 6% from Guyana, 6% from Brazil and 3% from Uruguay.

For the period in question of the last eight years Argentina is the market of origin of imports that has grown the most, since in 2012 there were no purchases in the region and in 2019 it accounted for 15% of Central American purchases.

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More on this topic

Rice: Regional Imports Fall 22%

February 2020

Between January and September 2019, Central America allocated $198 million to rice imports, 22% less than in the same period in 2018, with Panama and El Salvador being the markets that recorded the most significant reductions.

Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]

Rice: Regional Purchases Fall 12%.

October 2019

In the first three months of 2019, rice imports in Central America totaled $56 million, 12% less than in the same period in 2018.

Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAPHIC caption="Click to interact with graphic"]

More and More Rice Imported to Central America

October 2018

In the first six months of the year, rice imports in Central America reached $163 million, an increase of 56% over the same period in 2017.

Figures from the information system of the Rice Market in Central America, from the Trade Intelligence Area of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]

More Brazilian Rice in Panama

August 2018

Explained by an increase in purchases made from companies in Brazil, during the first quarter of the year Panama imported $19 million worth of rice, 207% more than in the same period in 2017.

Figures from the Information System on the Rice Market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"] 

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