Bulk Rice Trading
Approximately 488 million tons of rice are grown annually around the world. Asia accounts for around 90% of global rice production, 85% of global demand and 75% of the world’s exportable surplus.
Most rice is consumed as white rice (husked and polished), however rice flour is becoming popular with bakers as a gluten-free starch alternative, and rice milling by-products include bran, oil and starch.
Thailand, India and Vietnam are the world’s top three rice exporters, followed by the US, Pakistan, Uruguay, Argentina, Brazil and Myanmar. Africa accounts for approximately one third of global demand.
International Rice Market
Unlike maize and wheat, rice mostly tends to be consumed where it is produced and does not enter international markets. Yet the volume of international rice trade has almost quadrupled, from 7.5 million tonnes per year in the 1960s to an average of 28.5 million tonnes in 2000-2009. The current global rice trade stands at around 42 million tonnes.
The rice export market is highly concentrated, with the top five Rice Exporters accounting for 80% of world rice trade. Of the top five rice exporters, four (Thailand, India, Vietnam and Pakistan) are from Asia. Thailand has held the top spot for most of the past four decades. India is the largest rice exporter with a total of 26.3% of total rice exports in 2017. Thailand and the United States occupy the second and third positions with a total market share of 24.9%. and 8.5% consecutively. For Asian rice exporting
countries, rice is still the most important staple food, and domestic food security and strategic reserve are extremely important. In contrast to the heavy concentration on the export market, the import side is quite fragmented. The top five Rice Importers account for about 30% of total rice trade and the top ten account for less than 50% of total imports. Many of the major rice importers, including the top importer at present, China, are from Asia and account for a quarter of total rice trade. The other major importing regions are the Middle East and Africa, with almost half of the total world trade. These two markets are the fastest growing, with trade volumes doubling from 10 to 20 million tonnes over the past decade.
Types of Rice Shops
The global rice trade can be broadly divided into aromatic and non-aromatic rice. The aromatic rice market includes basmati and jasmine rice while the non-aromatic rice market includes white, parboiled and glutinous rice. In the case of the basmati trade, India and Pakistan are the top Rice Exporters, exporting 100% of this variety of rice to all regions of the world, with Middle Eastern countries being the main destinations, followed by the European Union. Over the past 15 years, global trade in basmati rice has grown from 1 to over 4 million tonnes, with India capturing almost all of the market expansion while Pakistan’s market share has decreased from 50% to less than 20% during the same period.
For the jasmine rice market, Thailand dominated with a market share of almost 100% ten years ago. But, Vietnam and Cambodia have made significant inroads in the market in recent years, with Thailand’s share falling below 50%. Vietnam has evolved into the biggest competitor for Thai Hommali jasmine rice, with nearly 40% market share. But, despite its growing market share, Vietnamese jasmine still commands a premium price in the market.
Besides selecting the major rice grade, the buyer can input other quality specifications such as rice length, rice whiteness, rice moisture, rice mix percentage (%), color of rice, etc.
Our Approach
We recognize the need to monitor and manage sustainability as an integral element of our increasingly diversified portfolio.
To structure our efforts across key areas for our work, we have developed an approach based on four pillars: People, Environment, Partners and Community.
This approach reflects our commitment to contribute to the UN’s Sustainable Development Goals, and underpins our growth strategy as a business.
We are committed to working toward a safe and sustainable future, from farm to fork.
Sustainable agriculture and food production are among the world’s most pressing challenges. Collectively, we must find the best way to feed the world’s rapidly growing population, while respecting our planet’s finite resources and adapting swiftly to climate change.
Caring for People
We are committed to protecting and investing in our people, who are crucial to our business.
AAJP’s employees are active in more than 20 countries around the world. It’s our priority to ensure their safety, wellbeing and continued development, by promoting a work environment that encourages safe behaviours, respect for diversity and human rights, and equal opportunities to learn and grow.
Protecting the Environment
We are committed to helping sustain a growing population while respecting our planet’s finite natural resources.
To minimize the environmental impact of our activities, we continually monitor the way we operate to identify gaps, inefficiencies and opportunities for improvement along the value chain.
Working with Partners
We recognize that we can have a greater impact by working with others.
Through partnerships with multiple stakeholders, we aim to raise awareness and secure adoption of our sustainability policies by suppliers to all our commercial platforms.
We also continually engage with different partners on a variety of country- or product-specific projects promoting fair and sustainable food and agricultural production.
Investing in Communities
We play a positive role in the lives of local communities in over 40 countries.
We invest in the development and resilience of local communities living close to our operations around the world, encouraging our employees to support and volunteer in their communities, wherever they live and work.
Global Vision, Local Action
At AAJP, we empower our people everywhere to create positive change in the local communities where we operate.
Working with local experts, we want to contribute to the United Nations’ Sustainable Development Goals related to education, climate change, poverty, health and life on earth.
We do this by creating jobs, protecting the environment, training farming communities and supporting health and education projects.
Our people are encouraged to propose initiatives for local action, and to submit projects for support from the AAJP GLOBAL EMPOWERMWNT MISSION and INICIATIVES.
GET RICE ON AAJPGLOBAL.COM FOR ABSOLUTELY NO EXTRA COST
AAJP does not charge its valued customers any additional cost for Buying Bulk Rice and the entire sourcing process is highly transparent and free. To facilitate business, the following options are currently added: Basmati Rice and Non-Basmati Rice.
Why buy bulk rice through aajpglobal.com?
- Best price guaranteed and secure payment.
- More than 200 rice millers are registered directly with us.
- All major rice exporters are registered on our platform.
- We do not sell enquiries, we ensure trade through the most transparent and secure process.
- 24/7 customer service to resolve your grievances.
Who can be our sellers?
Only verified sellers and suppliers who have established export credentials and manufacturing facilities cam become registered sellers on the platform and that too after verifying themselves. The buyer will have the option to choose from rice exporters, rice suppliers, rice manufacturers, rice millers, rice polishers, rice stockists, rice wholesalers, large rice traders and rice aggregators while floating their negotiation request for Buying Bulk Rice.
Who can be our buyer?
Buyers must be a registered entity with rice import or agri-import credentials or be a registered rice trader, agro-trader, agricultural wholesaler or aggregator from India or around the world.
