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Wholesale rice suppliers and their functions in the market

Wholesale rice suppliers and their functions in the market

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Wholesale rice suppliers play a key role in the rice supply chain because of the significance of this ingredient. Nowadays, the huge demand for rice is met immediately by wholesale rice suppliers.

An overview of wholesale rice suppliers

Because wholesale rice suppliers may be found all over the world, there are a few things to consider before making a purchase.

Leading products of wholesale rice suppliers

Wholesale rice suppliers specialize in three types of rice that are available in a variety of brands.

  • Long grain rice

For a long time, long grain rice has been a mainstay in our cupboard. The cooked grains are light, dry, and easily separate, making it an ideal side dish when coupled with other meal components. Some types of long grain rice that wholesale rice suppliers are selling are basmati rice, jasmine rice, etc.

  • Medium grain rice

In terms of size, medium-grain rice is halfway between long-grain and short-grain rice. The grains are two to three times longer than they are broad (as opposed to four to five times for long grains). Medium-grain rice is moist, soft, and somewhat chewy when cooked, and rather than having a fluffy, distinct feel, the grains tend to clump together a little because they release more starch than long-grain rices. Arborio, Valencia, Carnaroli, and Bomba are the most prevalent medium-grain rice varieties that wholesale rice suppliers are selling.

  • Short grain rice

Short-grain rice is starchier, stickier, and shorter (just about 5.5 millimeters) than long-grain rice, and it may be used for both sweet and savory dishes. The starches in short-grain rice are what give some rice-based dishes their exceptionally creamy feel. Glutinous rice and japonica rice are two short grain rice varieties.

Main locations of wholesale rice suppliers

India, Thailand and Vietnam have taken turns occupying the top positions in rice market.

  • India

India is the world’s second-biggest rice producer and the world’s largest rice exporter. In the fiscal year 2021, India produced more than 122 million metric tons of rice. With the exception of a few years, the country’s rice output has grown during the recent decade. India recorded the world’s biggest rice export volume of 15.5 million metric tons in 2020-21. Basmati rice is their main product exported to Saudi Arabia, Iran, UAE, etc.

  • Thailand

Thailand, which was the world’s second-largest rice exporter last year, is forecasting a seven-year low of 7.5 million tons for 2020, which is lower than its prior forecast. Rice cultivation accounted for around 15% of Thailand’s agricultural GDP. The country produced 20.34 million tons of milled rice in 2018/19. This year, sales of Thai premium-grade jasmine rice have increased by 63%, owing to panic purchasing in wealthier countries such as Singapore, Hong Kong, the US, and Canada.

  • Vietnam

The volume of rice paddy produced in Vietnam in 2021 was around 43.9 million tons, a little rise over the previous year. Vietnam is one of the world’s biggest rice producers and exporters. Rice is grown on over 82% of Vietnam’s fertile land, and the country produced 27.77 million tons of rice in 2018/19, exporting roughly 6.6 million tons to the Philippines, China, and several African nations.

Factors affecting the development of wholesale rice suppliers

The growth of wholesale rice suppliers is driven by a number of critical factors.

  • Rice supply

Despite the severe effect of Covid-19, in 2020, the world rice production output has reached 508.4 million tons, an increase of 1.52% compared to 2019. That was a positive sign for wholesale rice suppliers because they have enough resources to provide for the market and ensure revenue. However, farmers struggle to many troubles in production, leading to the fluctuation in rice supply.

  • Rice demand

Rice demand in crop year 2018/2019 reached 509.1 million tons, forecast in crop year 2019/2020 reached 513.4 million tons, up 0.8% over the same period last year. The complicated development of the COVID-19 epidemic has caused many countries that depend on imported rice from wholesale rice suppliers to start hoarding food, and at the same time some countries have ordered to restrict exports, causing demand and world rice prices to increase even more.

  • Transportation

The reason for not being able to export rice has 3 big problems that wholesale suppliers are dealing with include ports are short of workers because many localities do not allow ports to gather crowds, so there is not enough manpower to load and unload goods from trucks onto conveyor belts to put them into containers. ; there are no large ships to serve export orders to Africa; barges are difficult to move, are held back, cannot enter the port to load goods.

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Ways to identify scam wholesale rice suppliers

The following are warning signs of dishonest wholesale rice suppliers.

  • If the price appears to be too good to be true, it most often is. Scammers presume you won’t compare pricing or double-check your invoices. Don’t be fooled by exorbitant discounts. Usually, there are fees that are not disclosed.
  • Cancellation of order: In this situation, a supplier places an order with cash delivery using a false account, and the marketplace advances the money to the restaurant. The restaurant cancels the order and retains the money once they get it.
  • Scam of “Pay Now, Get Later”: This con preys on merchants who are either new to the business or are simply ignorant. It works like this: you send your supplier a PO for a new shipment of items. However, according to the firm, you must first pay before they would ship.

Top wholesale rice suppliers in the world

Customers may contact wholesale rice suppliers through a variety of avenues these days, and here are a few respectable vendors to contact.

Shiv Shakti International

Basmati rice of the highest grade is produced and exported all over the world. They sell a variety of organic and non-organic basmati and non-basmati rice types, including 1121 basmati rice, conventional basmati, Pusa basmati, and others. They cultivate pesticide-free organic rice using the most advanced processing processes. They are committed to delivering exceptional quality rice to their customers since their products are highly valued across the world.

K-Agriculture Factory

K-Agriculture Factory, which was founded in 1996 and holds HACCP and ISO certifications, is one of the main wholesale rice suppliers in Vietnam. ST rice, jasmine rice, and japonica rice are the major products of K-Agriculture Factory. Rice has been shipped from K-factory Agriculture’s to over 80 nations.
If you are interested in K-Agriculture’s products, feel free to contact us via:
Email: info@k-agriculture.com
Website: https://k-agriculture.com/
WhatsApp: +84 855555694

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Ake Rice Mill

Ake Rice Mill Company Limited has been active and specialized in the rice business among many wholesale rice suppliers. The major business activity in the early years of the firm was to polish and create a range of high-quality rice, not only under its own brand for domestic sale in Bangkok and surrounding areas, but also under other corporate brands. The primary export markets include the US, Canada, European nations, Australia, and Papua New Guinea, among others.