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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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    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. Indrani Saha & Alvaro Durand-Morat & Lawton Lanier Nalley & Mohammad Jahangir Alam & Rodolfo Nayga, 2021. "Rice quality and its impacts on food security and sustainability in Bangladesh," PLOS ONE, Public Library of Science, vol. 16(12), pages 1-17, December.
    4. 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.
    5. Norainy Hashim & Mohd Y. Rafii & Yusuff Oladosu & Mohd Razi Ismail & Asfaliza Ramli & Fatai Arolu & Samuel Chukwu, 2021. "Integrating Multivariate and Univariate Statistical Models to Investigate Genotype–Environment Interaction of Advanced Fragrant Rice Genotypes under Rainfed Condition," Sustainability, MDPI, vol. 13(8), pages 1-15, April.
    6. 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.
    7. 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.
    8. Holmes, Mark & Valera, Harold Glenn & Pede, Valerien & Balié, Jean, 2023. "International market and domestic fragrant rice markets integration in Pakistan: Evidence from quantile cointegration analysis," MPRA Paper 123724, University Library of Munich, Germany.
    9. Matty Demont & Pieter Rutsaert, 2017. "Restructuring the Vietnamese Rice Sector: Towards Increasing Sustainability," Sustainability, MDPI, vol. 9(2), pages 1-15, February.
    10. Dung, Le Canh & Tuan, Vo Van & Thoa, Nguyen Thi Kim & Son, Nguyen Phu & Eiligmann, Alfons, 2022. "The Potential of the Rice Value Chain in the Mekong Delta to Develop High Value Export Markets," International Journal on Food System Dynamics, International Center for Management, Communication, and Research, vol. 13(03), September.

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