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Rice

Global demand for rice is forecast to expand 4.2% p.a. between 2015 and 2019. Currently, semi-milled/wholly milled rice accounts for 86.3% of the global demand while the remaining market share is divided between husked brown rice (9.2%) and broken rice (4.5%).

Bolivia, China, India, Nigeria and the United States are considered the highest potential markets in the coming years. China, India, Japan, Nigeria and the United States represent the largest rice markets while the strongest annual growth is forecast to occur in Bolivia (11.7%), India (9.2%), Ethiopia (5.8%), Hungary (5.3%) and Bangladesh (5.2%).

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