Why should Indian rice exporters prefer no. 92 China instead of no. 6 Kuwait? Blog-88
'The best way to predict the future is to create it.'
By Dr. Lade Vedkumar.
For the first time, we are introducing an innovative concept for export generation.
Is it possible to predict product wise future export figures?
Can we forecast the size of the growing/bearish market?
Does that help you, if you know the future export size of your competing countries?
Yes, we are masters in these international trade forecast research super specialty segments...
We can scientifically predict the next five year's trade statistics.
Many high growth products have magnificent potential in developed, developing or undeveloped countries.
We need to redefine the marketing strategy.
There should be aggressive marketing of a specific product in a rapidly expanding market.
In a neutral market simple marketing is going to work.
Workshop key content:
Why should Indian rice exporters prefer no. 92 China instead of no. 6 Kuwait?
How will India, the number 1 country in rice exports, increase from $6.4 billion to $12.3 billion by 2021-25?
What will be India's top 40 rice export markets by 2021-25?
Who will be India's three rice competing countries in the top forty destination market by 2021-25?
(individual export insight of 40 countries)
Why will few traditional Gulf countries of Indian rice exports turn into a bearish market by 2021-25?
How will Japan, Hong Kong and Haiti rice import demand jump from low to high rank for India?
What will be India's broken and husk rice export insight by 2021-25?
How will India's broken rice export rise 5 times in Côte d'Ivoire and who will be competing countries by 2021-25?
Why should India's Husk rice exporters prefer no. 4 Viet Nam instead of no. 2 Philippines?
Why will Indian brown rice exports decrease five times in the world market by 2021-25?
What is the value and import duty offered by India's rice importing countries?
Insight number one:
Why should Indian rice exporters prefer no. 92 China instead of no. 6 Kuwait?
Global exports of Rice will increase from $19.4 billion to $28.9 billion by 2021 to 2025.
India's rice exports will increase from $6.4 billion to $12.3 billion in the world by 2021 to 2025.
Indian rice exports represent 36.4% in the world, its ranking in world exports is one.
1) Indian rice export in China will grow from $228.6 k to $257.5 million by 2021 to 2025.
HS code 100630 Basmati/Non-Basmati rice.
Important note:
Best results can be found in the countries having larger value difference between 2021's export and prospects by 2025.
As per above note, India will create additional rice export space of +$257.3 million in China by 2021-25.
Why will India's rice export market increase in China?
Is it important to understand the wisdom of the above question?
Yes of course, you must always have an eagle eye on competing suppliers in that particular market. Here, the destination market is China.
India's three competing nations in the Chinese rice market will be Thailand, Viet Nam and Myanmar. Considering the criteria of larger difference between the 2021 exports and prospects by 2025.
This represents the rice export values of the below countries in China.
Thailand:
2021: $328.7 million dollars,
2025: $659.2 million dollars.
Viet Nam:
2021: $551.3 million dollars,
2025: $806.5 million dollars.
Myanmar:
2021: $79.0 million dollars,
2025: $153.9 million dollars.
Pakistan:
2021: $151.8 million dollars,
2025: $120.0 million dollars.
Pakistan rice exports will decline in China by 2021-25.
2) Indian rice export will decrease in Kuwait from $239.8 million to $216.3 million by 2021-25.
India will decline export space of rice in Kuwait by -$23.5 million.
Who will be India's rice export market competitors in Kuwait?
India's three competing countries in the Kuwait market will be Pakistan, Thailand and Viet Nam.
These are the rice export values of the below countries in Kuwait.
Pakistan:
2021: $5.0 million dollars,
2025: $33.1 million dollars.
Thailand:
2021: $6.8 million dollars,
2025: $29.5 million dollars.
Viet Nam:
2021: $2.1 million dollars,
2025: $17.7 million dollars.
The Indian export of rice will decline in Kuwait by 2021-25.
Interesting Comparison:
Comparison of countries having larger value difference between 2021 export and prospects of 2025 Vs countries with smaller value difference between 2021-25.
China +$257.5 mn Vs Kuwait -$23.5 mn.
"Now consider the scenario where you are not familiar with the above insight. Even though you are efficiently marketing in Kuwait and simply marketing in China. You don't grow in both scenarios. If you have the complete insight. You can generate additional export revenue at a great pace"
That's the 'Power of Knowledge'
India's Rice Top exporting Sub-Regions, By 2021-2025?
Western Africa:
2021: $797.0 mn,
2025: $1.9 bn.
We have elaborated two. countries in the above country wise insight.
Yet the top countries contribute $12.3 bn of rice export demand by 2021-25.
As I always say.
'The best prospects are hidden in the next five years statistic'
Exclusive conclusion:
Indian rice exporters need aggressive marketing in China and other fast-growing markets. In saturated markets, simple marketing will work.
We have elaborated two countries in the above valuable content.
We can deliver an exclusive workshop preferably to the rice mill association/rice exporters association or company.
Note: All the values are in an USA dollar. Prices may vary as per the market demand and dollar value fluctuation. 2021's average export value can be equivalent to or lower than export values recorded in other trade databases. The average value is the essence of the reliable reports of the last five years. Six digit HS code was used for the above insight as it is standard protocol HS code.
Email:
'Professionals work. Experts create results. Authorities predict the future. DECIDE which one you are going to follow'
Research source:
1. World Trade Organization, Trade forecast.
2. World Bank WITS.
3. International Trade Centre.
Research access duration:
1st edition February 2021.
2nd edition July 2021.
© 2021-25 Future Export Vision.
India's top exports by 2022-27?
https://futureexportvision.blogspot.com/2022/06/why-are-these-indias-top-10-exports-by.html
Cotton export markets?
India's Pharma Export?
Banana Export Outlook
https://futureexportvision.blogspot.com/2021/08/why-is-india-losing-banana-exports-in.html
Amazon global selling guide:
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