The most influential platform for rice & grain industry!
Rice is the staple food of about 160 million people of Bangladesh. It provides nearly 48% of rural employment, about two-third of total calorie supply and about one-half of the total protein intakes of an average person in the country. Rice sector contributes one-half of the agricultural GDP and one-sixth of the national income in Bangladesh. more…
Almost all of the 13 million farm families of the country grow rice. Rice is grown on about 10.5 million hectares which has remained almost stable over the past three decades.
About 75% of the total cropped area and over 80% of the total irrigated area is planted to rice. Thus, rice plays a vital role in the livelihood of the people of Bangladesh.
Total rice production in Bangladesh was about 10.59 million tons in the year 1971 when the country’s population was only about 70.88 millions. However, the country is now producing about 25.0 million tons to feed her 135 million people. This indicates that the growth of rice production was much faster than the growth of population. This increased rice production has been possible largely due to the adoption of modern rice varieties on around 66% of the rice land which contributes to about 73% of the country’s total rice production.
However, there is no reason to be complacent. The population of Bangladesh is still growing by two million every year and may increase by another 30 millions over the next 20 years. Thus, Bangladesh will require about 27.26 million tons of rice for the year 2020. During this time total rice area will also shrink to 10.28 million hectares. Rice yield therefore, needs to be increased from the present 2.74 to 3.74 t/ha.
Rice & Grain Tech Expo 2017 devotes to be a great help for the healthy and sustainable development of the whole chains of rice industry, promoting rice brands, improving mechanization level, showing companies images, expanding sales channels, deepening research and exchange of technology, driving world rice industry to a sustainable development stage.
During the exhibition, companies will showcase the new technology and products of rice cultivation, harvesting, processing and selling. On those three days, you would meet big farming household, machine purchaser, sales agents and decision makers of supermarket purchasing department, especially, the professional buyers from northern part of the countries.
Fighting inflation remains a core priority of the government in the coming months and more imports of key grains such as wheat, rice and sugar. Sugar imports are expected to be particularly high in 2014. Overall, we see promising production prospects for the agriculture sector and we note corn production as an outperformer.
Over the longer term, we highlight the dire need for improved agriculture infrastructure to help the sector cope with climate change-related crop destruction. According to the Ministry of Agriculture, Bangladesh loses about 80,000 hectares of arable land due to the impact of climate change such as droughts, salinity and floods.
For the first time since independence, Bangladesh became a rice exporting nation in 2014. Bangladesh has already exported 50,000 tonnes of rice to Sri Lanka. After Sri Lanka, Bangladesh is now going to export rice to India following bumper production and adequate stocks at home. India has proposed to import 30,000-40,000 tonnes of rice from Bangladesh for its north-eastern states like Tripura. India will send a delegation soon to Bangladesh to finalise the matter.
USDA estimates Bangladesh to produce around 34.8 million tons of rice in MY 2014-15 (May – April), up about 1 percent from an estimated 34.59 million tons in MY 2013-14.
It estimates Bangladesh to import around 100,000 tons of rice in 2016, down about 75 percent from an estimated 400,000 tons in 2014.
The country’s rice consumption needs are estimated at around 34.8 million tons in MY 2014-15 slightly up from an estimated 34.6 million tons in MY 2013-14.
Wheat production growth: 15.6% to 1.1mn tonnes by 2015/16. The main driver behind this growth figure is improving yields.