2014 EU finished rice imports will decrease, exports will increase

2014 EU finished rice imports will decrease, exports will increase

2014-09-02 14:11 |
source: China Grain Network |
according to the latest Counsellor's report released by the US Department of Agriculture's Overseas Agriculture Bureau, EU imports of finished rice in 2014 are expected to be 1.5 million tons, a decrease of about 9% from 1.37 million tons the previous year. Rice imports will be reduced to 1.4 million tons in 2015.

Counsellor expects EU finished rice exports to be 300000 tons in 2014, an increase of 48% over the previous year. In 2015, the export volume of finished rice may decrease by about 33% to 200000 tons.

Counsellor expects EU finished rice output to be 1.94 million tons in 2013/14, down 7% year on year. Finished rice production in 2014/15 is expected to be 1.97 million tons, up 1.5 percent.