While prices rose by an average of 6% in December 2025 due to a resurgence in demand from Southeast Asia and China, Osiriz points out that by early January 2026, global prices were stable.
This initiative is part of the government’s goal to cultivate at least 7, 400 hectares of lowland rice within five years.
Exports rose to 21.55 million tonnes from 18.05 million in 2024, close to the 2022 record of 22.3 million tonnes.
Lower prices are likely to provide relief to price-sensitive consumers in Africa and parts of Asia
Between January and June, the country will require approximately 750,000 MT of rice, yet projected domestic production for the same period stands at 110,000MT.