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The World Market of Fragrant Rice, Main Issues and Perspectives

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  • Giraud, Georges

Abstract

Worldwide rice production totaled 481 million metric tons in 2011, including 7.1% in trade. Fragrant rice is estimated to account for 15-18% of the rice trade procuring the highest prices on the world market. Some new players are interested in entering this premium segment, including the US, Vietnam, and other rice growers and traders. The fragrant rice commodity chain is deciphered through a meta-analysis of data on rice cropping and trading. We conclude on a possible split between fragrant and coarse rice markets. The upcoming challenges for fragrant rice industry are discussed with the next release of genetically modified varieties; water scarcity in rice cropping; and land use trade-offs between fragrant and coarse rice.

Suggested Citation

  • Giraud, Georges, 2013. "The World Market of Fragrant Rice, Main Issues and Perspectives," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 16(2), pages 1-20, May.
    • Handle: RePEc:ags:ifaamr:148577
    DOI: 10.22004/ag.econ.148577
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    References listed on IDEAS

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    Cited by:

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    2. Diagne, Mandiaye & Demont, Matty & Ndour, Maimouna, 2016. "Consumer willingness to pay for rice fragrance: Evidence from Senegal," 2016 Fifth International Conference, September 23-26, 2016, Addis Ababa, Ethiopia 246923, African Association of Agricultural Economists (AAAE).
    3. Pham, Thai Thuy Pham & Dao, The Anh & Theuvsen, Ludwig, 2017. "Determinants of Specialty Rice Adoption by Smallholder Farmers in the Red River Delta of Vietnam," GlobalFood Discussion Papers 262581, Georg-August-Universitaet Goettingen, GlobalFood, Department of Agricultural Economics and Rural Development.
    4. Haowen Luo & Meiyang Duan & Longxin He & Shuying Yang & Yingbin Zou & Xiangru Tang, 2021. "A New Organic-Inorganic Compound Fertilizer for Improving Growth, Yield, and 2-Acetyl-1-Pyrroline Biosynthesis of Fragrant Rice," Agriculture, MDPI, vol. 11(11), pages 1-14, November.
    5. Matty Demont & Pieter Rutsaert, 2017. "Restructuring the Vietnamese Rice Sector: Towards Increasing Sustainability," Sustainability, MDPI, vol. 9(2), pages 1-15, February.
    6. Kim, Man-Keun & Tejeda, Hernan & Yu, T. Edward, 2017. "U.S. milled rice markets and integration across regions and types," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 20(5).
    7. Bairagi, Subir K. & Mohanty, Samarendu & Ynion, Jhoanne & Demont, Matty, 2017. "Determinants of Consumer Preferences for Rice Attributes: Evidence from South and Southeast Asia," 2017 Annual Meeting, July 30-August 1, Chicago, Illinois 258384, Agricultural and Applied Economics Association.

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