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Rice products |
Australian rice is known to be of very high quality. Australian rice is, therefore, sought after in markets all over the world. 85% of Australian rice is exported. No other country exports such a large proportion of its production of rice. Australian rice is exported (pdf 224kb) to more than 75 countries throughout the world.
The largest overseas markets for Australian rice are the Middle East, Papua New Guinea, Japan and other Asian and Pacific countries.
Ricegrowers Limited, trading as SunRice®, buys all of the unprocessed rice paddy from the rice farmer after it has been harvested. Ricegrowers Limited processes the rice in its rice mills. When it has been value-added, the final product is sold, through the Rice Marketing Board, domestically and overseas to the highest bidder. The rice is then transported to shipping terminals in many locations throughout Australia to be shipped to its buyer. Its buyer will then sell the rice again to either companies or directly to consumers.
Interesting facts about rice trading include:
- Rice is Australia 's third largest cereal grain export and the ninth largest agricultural export.
- Australian rice accounts for 0.2% of the world's rice production and it represents 4% of international rice trade.
Trade issues
Unlike many other rice growing countries of the world, Australian rice farmers do not receive any subsidy for the production or exporting of rice. This means Australian rice farmers must maintain low production costs to compete and be successful marketers of rice internationally. The marketing of rice is under the control of the Rice Marketing Board of NSW which contracts the Ricegrowers Limited to process and market the entire crop. Some countries of the world impose high tariffs or trade bans on imported goods. Consequently, Australian rice cannot be sold to such countries. Australia does not impose such bans on the importation of rice. of rice. Therefore, 25-30% of rice found on Australian supermarket shelves has been imported.
Further Internet resources: