Trends of development in the rice market: international and domestic experience

  • R. Morozov
  • V. Dudchenko
Keywords: rice, rice growing, market situation, world market, domestic market

Abstract

In the article, tendencies of the rice market development were examined (the main attention is paid to features of its development in time, during years). The aim of work is the research of current conditions and tendencies of the global and domestic markets of rice development. The achievement of the set aim was based on the usage of the dialectic method of a research and on the systematic approach to a research of examined events. For the achievement of the predicted scientific results in work, general scientific and special methods were used.In the process of work features of world’s rice growing were examined from the position of the achievement of rice demand as on one of the highest yielding crops in the world’s agriculture. Higher facilitates its production (the production of rice during the last decade has greatly increased). The general amount of rice production in the world from 2001 to 2012 grew to the level of 718 345,4 thousand tons (than in 2001 – 599828,3 thousand tons). Nowadays the area sown to rice on the planet is more then 163 thousand hectares (from 2001 to 2012 rice growing areas increased from 152043,1 thousand hectares to 163463,0 thousand hectares). The average rice yield during the period from 2001 to 2012 was 4,17 ton/hectare. The attention was paid to structural aspects of the world’s rice commerce. Commercial circulation in the world market from 1995 to 2011 increased to the level of 45,98 billion dollars (than in 1995 – 15,37 billion dollars).The factors of the rice market conjuncture inUkrainewere examined. It was established that during the last decade the significant growing of rice export streams is seen inUkraine, which is a member of the Mediterranean association of countries that produce rice. Among factors which influence on the growing of export potential of the country such should be pointed out as: the increasing amount of rice production; the competitiveness of the domestic production; the ability of domestic converting industry to use grain and transform into new products; the ability of commercial infrastructure to transport grain from Ukrainian farms to foreign countries.Ukrainian domestic market requires growing amounts of quality grain of rice for food purposes. In finding a solution to the problem of a rice market formation, the major role will have a factor that except the internal need in domestic productsUkrainemust oriented on the import of high quality grain from countries of CIS, Near East, Central-Eastern part ofAsiaand other regions.From researches done one can make a solution, those countries which have rich natural resources potential and which are capable to product big amounts of rice can receive not only stable profits, but also serious geopolitical advantages.

References

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Section
Agricultural sciences (agronomics, agricultural ecology, land reclamation, ecology, crops husbandry, farming)