Market Outlook
See the latest Rice Outlook report.
India’s 2024/25 Production Forecast Raised 3.0 Million Metric Tons to a Record 145.0 Million
In the 2024/25 world rice market, global production is raised 3.4 million tons to a record 533.8 million (milled basis), with India accounting for the bulk of the upward revision. India’s 2024/25 production forecast is raised 3.0 million tons to a record 145.0 million. Substantial production increases are also made for Guinea and Nepal, while production forecasts are lowered for Bangladesh, Burma, and Laos. Total global rice supplies in 2024/25 are projected at a record 713.1 million tons, up 2.8 million from the previous forecast and 10.6 million tons larger than a year earlier.