Spain: Declining Rice Area and New Eating Habits Create Opportunities in Spain’s Rice Market

  |   Attaché Report (GAIN)

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Office of Agricultural Affairs, Madrid   |   (011-34) 91-587-2555

Rice cultivation is input intensive as it needs high initial investments for land preparation and a significant amount of working capital to cover input costs. Low farm prices and competition from third countries are forcing Spanish rice farmers to switch to more profitable crops. Latest official statistics confirm that the decline in total rice planted in Spain continued in MY2016/17 and also that some farmers made a switch to the better-priced Japonica varieties. The reduced area planted, along with high summer temperatures negatively impacted rice production levels in 2016. Despite the overall rice consumption decline, there still are opportunities to supply market niches for both domestic producers and exporters.

Spain: Declining Rice Area and New Eating Habits Create Opportunities in Spain’s Rice Market

Exporting
Europe and Eurasia, Spain
Grains, Feeds and Fodders, Rice

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