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Monitoring the rice market is a critical task considering more than half of the world’s population consumes rice daily. South and East Asia are the two main regions for paddy rice production in the world. China and India are the main producers of paddy rice worldwide. In 2024, India's paddy rice production amounted to over * million metric tons, while China's production volume slightly exceeded * million metric tons. 

Paddy rice production

Paddy or rough rice are the unprocessed rice kernels grown in a flooded or well-irrigated field. Paddies require a maintained level of water, around 10 to 15 centimeters, for the growth part, and the fields are then dried before harvesting in the sunny season. In the Asia Pacific region, China and India were the leading rice paddy producers, with a considerable gap to Bangladesh in third place.

Global rice market

Global rice consumption has been increasing in accordance with population growth. China and India are the main consumers of rice. In 2025, the Philippines and Vietnam were the main importing countries of rice. Vietnam also ranked second after India in terms of rice exports, .