China takes over as biggest importer of Indian broken rice

China has emerged as the largest buyer of Indian rice during the pandemic, with the neighboring country importing 16.34 thousand metric tons (LMT) – or 7.7 percent – of India’s total rice exports of 212.10 liters in the 2021-22 fiscal year, according to an analysis. from trade data.

The analysis shows that of China’s total imports of rice from India of 16.34 liters of down, nearly 97 percent, or 15.76 liters of broken rice, has seen a sharp rise in demand from that country.

In fact, now China is the largest buyer of Indian broken rice, which was earlier exported to African countries.

From 2021 to 2222, India’s total exports of rice – basmati and non-basmati – totaled 212.10 liters, which is 19.30 percent higher than the 177.79 LMT exported in 2020-2021. In the same period, rice exports to China jumped by 392.20 percent: from 3.31 liters to 16.34 liters.

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Of India’s total rice exports in 2021-22, basmati rice accounted for 39.48 liters, which is 14.73 percent lower than the 46.30 liters exported in 2020-2021.

Non-basmati rice constitutes the lion’s share of the Indian rice export basket. During the period from 2021 to 2222, the non-basmati rice export volume was 172.62 liters, which is 31.27 percent higher than 131.49 liters in the 2020-21 period.

During the period from 2021 to 2222, India exported 38.64 LMT of broken rice to 83 countries; Of this, China bought a maximum of 15.76 LMT – 476.40 percent of the 2.73 LMT in 2020-21.

Trade experts say the reason for this increase in the export of broken rice to China is the increased demand for rice for making pasta and wine in that country.

“China mainly buys broken rice, which is diverted to making wine and noodles,” said Vijay Setia, former president of the Rice Exporters Association of India.

He said that China had sent a delegation to India before the Covid-19 outbreak and this delegation had visited several rice factories.

Experts say another reason for this increase in demand may be higher corn prices. The demand for broken rice has seen a significant increase at a time when food prices have recorded a global rise in recent months, especially after the Russian invasion of Ukraine.

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