Global Rice News

Rice exporters from Pakistan are facing challenges in the international market due to the high prices of Basmati rice. The prices of rice have increased by 20-25% in the last year, making it difficult for exporters to compete with other rice-producing countries.

Pakistan is one of the largest rice exporters in the world, and Basmati rice is the country’s most popular variety. However, the high prices have led to a decrease in demand, especially in markets like the Middle East and Europe.

According to industry experts, the increase in prices can be attributed to several factors, including the rising cost of production, higher transportation costs, and a shortage of skilled labor. In addition, the appreciation of the Pakistani Rupee against the US Dollar has also contributed to the increase in prices.

The high prices have also affected the local market in Pakistan, with consumers experiencing a significant rise in the cost of rice. This has led to a decrease in consumption and an increase in the demand for cheaper alternatives like white broken rice.

To address the challenges faced by rice exporters, the Pakistani government is taking steps to support the industry. They have provided subsidies to rice mills, offered incentives for export, and are working to improve infrastructure and reduce transportation costs.

In addition, rice exporters are exploring new markets and diversifying their product offerings. They are also focusing on improving the quality of rice to maintain a competitive edge in the international market.

Despite the challenges, rice exporters from Pakistan remain optimistic about the future. They believe that with the right support from the government and continuous efforts to improve quality and efficiency, they will be able to overcome the obstacles and regain their position in the global rice market.

Source: [VietnamNet](https://vietnamnet.vn)

Rewritten Article:

Rice Exporters from Pakistan Facing Challenges in International Market

Pakistan, known for its large-scale rice exports, is currently facing challenges in the international market due to the soaring prices of Basmati rice. In the past year, rice prices have witnessed a sharp increase of 20-25%, making it challenging for exporters to compete with other major rice-producing countries.

Basmati rice is Pakistan’s most popular rice variety, but the high prices have resulted in a decline in demand, particularly in markets such as the Middle East and Europe. Factors contributing to the price hike include the escalating production costs, higher transportation expenses, shortage of skilled workforce, and the appreciation of the Pakistani Rupee against the US Dollar.

Not only has this situation affected the international market, but it has also had repercussions on the local market in Pakistan. Consumers are experiencing a significant rise in the cost of rice, leading to a decrease in consumption. As a result, the demand for more affordable alternatives like white broken rice has increased.

To support the struggling rice exporters, the Pakistani government has taken several measures. They are providing subsidies to rice mills, offering export incentives, and working towards improving infrastructure and reducing transportation costs. These efforts aim to revive the industry and bolster Pakistan’s position as a leading player in the global rice market.

In response to the challenges, rice exporters are seeking opportunities in new markets and diversifying their product offerings. They are also prioritizing the enhancement of rice quality to maintain their competitiveness internationally.

Despite the current obstacles, rice exporters from Pakistan remain hopeful for the future. With continued support from the government and ongoing efforts to improve efficiency and quality, they believe they will be able to overcome these challenges and reclaim their prominent position in the global market.

Source: [VietnamNet](https://vietnamnet.vn){:target=”_blank” rel=”nofollow”}