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Rice can be of three major types - short grain, medium grain, and long grain. Basmati rice belongs to the long-grain variety of rice. It is because of this and its pleasant aroma that basmati rice is known as "the white pearl". Its fragrance and delicate flavor give basmati rice the title of "Queen of Fragrance". This fragrance is present in basmati rice because of the presence of the 2-acetyl-1-pyrroline chemical. It has a prime position among the 5,000 varieties of rice present all over the world. Visually, basmati rice is no different from any other varieties of rice, but once you take a sniff of it, you will notice how greatly it is different from others.
It has 2 major varieties - white basmati rice and brown basmati rice. The latter one has more fiber and has an intense flavor as compared to the white one. It is used as a key ingredient in a variety of mouth-watering cuisines like biryani, pulao, Kitchari, Tahdig (Persian Rice), and others. The cultivation of basmati rice originated in the Indian subcontinent, specifically in the Himalayan foothills regions. Other than India, it is also cultivated in Pakistan, Nepal, and other countries. The earliest reference to basmati rice can be found in the tragic romance of "Heer Ranjha" - a famous Punjabi folktale by Waris Shah.
As mentioned above, Basmati rice originated in India, and it is still widely cultivated in various states of India and contributes to 70% of the total basmati rice production. It is also important to note that India contributes about one-third of the world's acreage dedicated to basmati rice production. The cultivation has now spread to other parts of the world as well. For instance, the US has started producing two varieties of basmati rice - Texmati and Kasmati. All the varieties of basmati rice consist of varying nutritional benefits. That is one of the primary reasons why there is a surge in the market for basmati rice. The nutritional profile of basmati rice protects us against a lot of diseases and has a lot of other health benefits.
Let's discuss those in depth:
The trend in the global trade industry keeps changing for basmati rice, and as an exporter, you must understand all those trends. It helps you make the necessary changes to your own exporting company to become relevant to the global audience and grow your business. Some of the recent trends in the global trade industry of basmati rice along with what necessary exporters need to take in accordance with those are as follows:
As per the recent trends of the global trade industry of basmati rice, there are a few requirements that exporters need to meet. This is to ensure that high-quality basmati rice is being exported. Some of those requirements are:
After you have clear information about the specific types of basmati rice, you can now expand your exporting business by including more varieties. There are some other related products as well that you can start exporting to grow your business. Some of the most relevant ones are as follows:
As an exporter, when you enter the global trade industry, you should have some important information about the current market size and recent trends. This will help you in making strategic business plans and making the most profit. A few of the crucial data are as follows:
Global Market Size
Source: Market Research Future
Top Importing Countries for Basmati Rice (2024):
Source: Volza
To find some of the trusted basmati rice importers, you can rely on multiple sources and platforms. Some of the most effective ways for connecting with reliable buyers are mentioned below:
1. What is the demand for basmati rice?
The demand for basmati rice is pretty high, especially in countries like Nepal, the US, and the UAE. The global market size of basmati rice is expected to reach $26.89 billion in 2032, growing at a CAGR of 9.00%.
2. How much is 1 kg of basmati rice?
Basmati rice price 1 kg is around INR 252. Remember that it can vary depending on the location.
3. How to find buyers for Basmati rice exports?
To find buyers of basmati rice, you can use:
4. What quality certifications are important for Basmati rice exports?
Certifications like ISO certifications, FSSAI license, IEC, Commercial invoice, certificate of origin, and others are essential when you are exporting basmati rice.
5. What are the popular varieties of Basmati rice for export?
1121, Pusa, Sharbati, Sella, and traditional basmati rice are some of the popular varieties of basmati rice that you can export.
6. Who is the largest producer of basmati rice in the world?
India is the world’s largest producer of basmati rice.
7. How many types of basmati rice are there?
There are over 30 varieties of basmati rice in the world.
8. Who is the biggest importer of basmati rice?
Nepal, followed by the US and UAE, are some of the biggest importers of basmati rice.
9. Which country is famous for basmati rice?
India and Pakistan are two of the most famous countries for basmati rice.
10. What is the basmati rice HSN code?
10063020 is the HSN code for basmati rice.
In the past three months, the prices of Indian basmati rice, which increased by 15-20%, are now estimated to decrease again. At the same time, the ongoing Iran-Israel conflict has reduced India's basmati rice exports to Iran. (Full story: The Times of India)
