Indian Basmati Rice production and export from India to Bahrain
Scenario for Indian basmati rice exports looks
rosy for 2022-23 fiscal. This will be continuance of trend shown in the fiscal
2021-22, when growth of rice exports from India was quite robust and 20 million
tons of grains was shipped from Indian shores. Normal monsoon will impact
kharif rice production positively and surplus in rice production will give a
fillip to rice exports including basmati and non basmati rice. India has been
largest rice exporter continuously for a decade now and destination of lion’s
share of rice exported from India is Middle East. UAE and Saudi Arabia are big
importers of Indian basmati rice and Bahrain in the neighborhood also prefers
Indian basmati rice.
Some rumors were floating in the air that India
would ban Basmati rice exports after banning and restricting wheat and sugar exports
respectively, but such misgivings were proved to be unfounded. Great monsoon
will result in great production of kharif crops this season and as 80% of rice
is cultivated in kharif season, rice surplus is a foregone conclusion. Export
of basmati rice will only go up in 2022-23 fiscal. India is expected to export
21 million ton rice this fiscal on the back of huge surplus of rice with Food
Corporation of India. Against buffer norm of 13.2 million tons, about 32
million tons of rice is lying with FCI. 22 million tons of rice still to be
received by FCI from millers is exclusive of 32 million tons lying with FCI. India’s
rice export market is so diverse that it exported rice to 150 nations and
Bahrain is one of them.
Long grain aromatic basmati rice is exported by
India to whole Middle East including UAE, Saudi Arabia and Bahrain, apart from
US and EU. India exported rice worth $39.7 million to Bahrain in 2021. Indian basmati rice exporters who want
to export basmati rice online to
Bahrain can register on tradologie.com next generation B2B procurement platform
using easy steps and sell basmati rice to Bahrain. This enquiry to delivery
procurement platform can be of great help to Bahrain importers interested in importing rice from India. Importers
can register on tradologie.com online B2B procurement platform using few simple
steps and import basmati rice from
India.
Huge spike in rice exports from Indian shores is not only due to expansion of port infrastructure, it is in fact least significant factor. Two main factors behind surging rice exports from India is surging production and exploration of new markets. Many new destinations were found or volume of shipments to some older ones went up drastically. This is where export markets like Bahrain come into the picture.
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