Developing Countries Will Lead Global Rice Import Growth in 2013-22, Says USDA Rice growers positive California MG prices are UP Russia MG Harvest coming to end Egypt open rice exports Vietnam’s rice export in tough competition with India Thai rice exports in May Rise Above Target This Year Viet-Nam Rice exports likely to fall this year
Australia Medium Grain Rice #1 $ N/A    Egypt 101 #2 $760    Egypt 178 #2 Rice $730    EU Prices Baldo €660    EU Prices LG-A Ariete 5% €550    EU Prices MG Lotto 5% €500    EU Prices RG Balilla 5% €500    Russia Rapan $ 700    USA Jupiter Paddy $375    USA Calrose #1 Paddy $480    USA Jupiter Rice $630    USA Calrose #1 $830   

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Syria rice imports

In Syria, rice consumption is estimated to be increasing due to the increase in population and the presence of 1.5 million Iraqis in Syria. Each Syrian is entitled to 0.75 kilogram of rice per month at 10 SP (19 cents) per kilogram under the GOS ration card system. Most of the government imported Egyptian rice is sold through the ration card system at about 25 percent of its current price in the free market. This creates additional demand for rice since it makes it cheaper than bulgur, its main grain competitor in Arab recipes. As with consumption, imports are forecast to grow, taking into consideration the increase in population and the presence of 1.5 million Iraqis. Since Syria does not plan to produce rice in the future, all rice requirements will be imported. Egyptian rice constituted 87 percent of imports. Syria barters wheat for Egyptian rice. Thailand, Australia, Italy, Pakistan, Spain, and the United States also supply minor quantities. The situation may change in 2008 if Egypt imposes any export restrictions on rice or if the barter agreement is not extended due to the lack of exportable surplus of wheat in Syria.

,br> Syrian consumers generally prefer medium grain rice from the United States, Australia, Italy, and Egypt to long grain rice from Thailand. However, the limited purchasing power of the average Syrian influences the decision to seek out cheaper sources of rice. As a result, higher quality rice, such as parboiled rice, has a very limited market in Syria. With rice prices more attractive from Egypt whose rice is similar in characteristics to the American medium grain rice, importers choose Egyptian supplies. In late 2006, the Syrian government agreed to barter 700,000 tons of Syrian wheat for 150,000 tons of Egyptian rice. Another reason for the choice of Egyptian rice is the low freight cost and the ability to ship very small quantities, sometimes 40-100 tons of rice per shipment, in a very short time, and at a much cheaper cost than from other origins.
MGR Archive 9.3.2008
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Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
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