Rice

Rising shipping costs slow down new rice export deals as regional conflict affects maritime routes.

According to the latest industry assessments, the global parboiled rice market reached a valuation of approximately US$3.6 million in 2023 and is projected to grow steadily to US$5.2 million by 2030.

The landmark agreement aims to boost domestic rice production and reduce the country’s growing reliance on imports.

The announcement signals a major strategic pivot for one of North America’s most storied rice companies and reflects broader industry trends toward localized supply chain resilience.

This landmark partnership seeks to transition Mozambique from a major importer of Asian rice to a self-sufficient producer and regional exporter.