Rice

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.

This performance reflects resilience amid volatile commodity markets, driven by strong contributions from its core segments in food products, feed, industrial products, plantations, and sugar milling.

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.