Market Size of Spain Rice Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Market Size (2024) | USD 7.47 Million |
Market Size (2029) | USD 8.53 Million |
CAGR (2024 - 2029) | 7.49 % |
Spain Rice Market Analysis
The Spain Rice Market size is estimated at USD 7.47 million in 2024, and is expected to reach USD 8.53 million by 2029, growing at a CAGR of 7.49% during the forecast period (2024-2029).
- Spain is the second-largest producer of rice in Europe, with 25-30% of total European production. The major rice-producing areas in the country are Andalucía, Extremadura, Cataluña, Comunidad Valencia, Aragón, and Navarra. There are three key varieties, Bahía, Senia, and Bomba, with Bomba being the best. Spain's rice market is concentrated around imports due to a continuous decrease in domestic production.
- Rice is cultivated in six of the country's total 17 administrative regions. The crop is grown from April to October, with harvest peaking in September. Rice in Spain is mostly cultivated under flood irrigation conditions from May to October. Rice cultivation in traditional areas (Delta del Ebro, Marismas del Guadalquivir, and Valencia) follows a monoculture system. Although rice is one of the most salt-sensitive crops, cultivation using freshwater flood irrigation allows the lowering of salinity levels. Thus, its cultivation is highly carried out in non-salinized field areas.
- The preferred type in Spain is short-grain rice, which has a long tradition in the Mediterranean coastal regions. Long-grain varieties are mainly cultivated in rice areas located in southern Spain (Extremadura and Marismas del Guadalquivir). In contrast, short-medium-grain rice is cultivated in the other four areas in northeastern Spain.
- Argentina, Pakistan, Thailand, Myanmar, and Italy are some major rice exporters to Spain. Rice imports in Spain mainly consist of Rice Indica. For Japonica, the country is self-sufficient. Spain contributes 15% of exports of Japonica rice in the EU, while Italy contributes 70%. Due to a decrease in rice production and increasing imports to Spain, the high demand for rice in the country is expected to drive the market in the coming year.
Spain Rice Industry Segmentation
Rice is the seed of grass species. It is the major staple food consumed by half of the global population. It is the agricultural commodity with the highest worldwide production after sugarcane and maize.
Spain's rice market is analyzed in terms of production analysis (volume), consumption analysis (value and volume), import analysis (value and volume), export analysis (value and volume), and price trends in the country. The report offers market estimation and forecasts in value (USD million) and Volume (metric ton) for the above-mentioned segments.
Production Analysis | |
Consumption Analysis and Market Value | |
Import Market Analysis (Volume and Value) | |
Export Market Analysis (Volume and Value) | |
Price Trend Analysis |
Spain Rice Market Size Summary
The rice market in Spain is a significant sector within the European agricultural landscape, being the second-largest producer of rice on the continent. The country's rice production is concentrated in regions such as Andalucía, Extremadura, and Cataluña, with key varieties including Bahía, Senia, and the highly regarded Bomba. Despite its substantial production capacity, Spain's domestic rice output has been declining, leading to a reliance on imports to satisfy the growing demand. The cultivation of rice in Spain is predominantly conducted under flood irrigation, with a preference for short-grain varieties that are well-suited to the Mediterranean diet. The country's rice market is characterized by a stable per capita consumption, with rice being a staple food alongside pasta and bread, valued for its nutritional benefits and quick cooking time.
Spain's rice market is also marked by its role as a major importer and exporter within Europe. The country imports significant quantities of Rice Indica from countries like Argentina, Pakistan, and Thailand, while maintaining self-sufficiency in Japonica rice, contributing notably to its export within the European Union. The market dynamics are influenced by climatic challenges, such as droughts, which have affected domestic production levels, thereby increasing dependence on imports. The retail landscape for rice in Spain is dominated by supermarkets, with a growing trend towards milled rice imports. Initiatives like the Sustainable Rice Platform, developed in collaboration with Mars Incorporated, aim to enhance rice farming practices, addressing environmental and economic sustainability in the sector.
Spain Rice Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Value Chain Analysis
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2. MARKET SEGMENTATION
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2.1 Production Analysis
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2.1.1 Consumption Analysis and Market Value
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2.1.2 Import Market Analysis (Volume and Value)
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2.1.3 Export Market Analysis (Volume and Value)
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2.1.4 Price Trend Analysis
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Spain Rice Market Size FAQs
How big is the Spain Rice Market?
The Spain Rice Market size is expected to reach USD 7.47 million in 2024 and grow at a CAGR of 7.49% to reach USD 8.53 million by 2029.
What is the current Spain Rice Market size?
In 2024, the Spain Rice Market size is expected to reach USD 7.47 million.