The rice market in Italy is estimated to register a CAGR of 2.1% during the forecast period. Average rice production in Italy is 1.3 million tonnes 53% of which are exported to other European countries. Rice cultivation is mostly located in Northern Italy (Piemonte, Lombardia, and Veneto regions) where water is relatively abundant and the rice crop can be raised in flooded fields. Approximately 84 percent of rice varieties grown in Italy are Japonica, while the remainder is Indica. One rice variety that is widely cultivated for domestic consumption is “Lungo A” grain. This broad category includes Carnaroli, Arborio, Baldo, S. Andrea, and Volano types.
Key Market Trends
Italy Dominates the Rice Market in Europe in Terms of Production Volume
Italy is the major rice producer in Europe with 1.5 million tonnes in 2018, which is 37% of total European rice production. The climate suitable for rice production is the major reason for its domination. Northern Italian regions such as Piemonte, Lombardia, and Veneto are the leading rice-growing regions. Italy is also leading rice exporter of Europe, with a total export value of 0.5 million in 2018. Some of the top rice importing countries from Italy are France, Germany, the United Kingdom, and Turkey.
Pakistan - Major Importing Partner
Italy depends on imports for specialty long grain Indica rice such as basmati and jasmine from Asian countries. Pakistan, Thailand, and India are the top rice importing partners of Italy with 23%, 15% and 14% of importing value share. Production of good quality long grain rice in such as basmati in those regions is the vital reason for importing from these countries. Rice imports from other countries such as Cambodia, Myanmar, Guyana, and Suriname are also noticed because of the duty-free market access under 'Everything But Arms' (EBA) agreement.
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