# West Africa rice importers decrease purchases amid oversupply, low demand

> West African rice importers reduced purchases due to low demand and oversupply at the start of 2025, with ships congested at Cotonou port. Currency depreciation of the CFA franc has eroded purchasing power, and importers expect demand to recover by March.

- Date: 2025-01-23 · published 2025-01-23T12:00:00.000Z
- Category: trade · region West Africa · magnitude low
- Page: https://feedsoft.ai/events/26582-west-africa-rice-importers-decrease-purchases-amid-oversupply-low-demand
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Reduced West African purchases weaken import demand for rice, adding bearish pressure to global rice prices in the near term.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2025-02-27 | [West Africa rice prices plummet as market grapples with oversupply](https://feedsoft.ai/events/26128-west-africa-rice-prices-plummet-as-market-grapples-with-oversupply.md) | -1.2% | -0.3% |
| RICE | 2026-03-17 | [Vietnam fragrant 5% rice prices fall to record low amid weak demand, ample supply \| S&P Global](https://feedsoft.ai/events/20260-vietnam-fragrant-5-rice-prices-fall-to-record-low-amid-weak-demand-ample-supply.md) | -3.9% | -5.2% |
| RICE | 2020-02-07 | [India rice exports hit 8-year low as price rise dents demand \| Daily FT](https://feedsoft.ai/events/54542-india-rice-exports-hit-8-year-low-as-price-rise-dents-demand-daily-ft.md) | -1.6% | -4.8% |
| RICE | 2019-10-03 | [Asia rice-waning demand prompts Indian, Thai exporters to lower prices - The Business Times](https://feedsoft.ai/events/56650-asia-rice-waning-demand-prompts-indian-thai-exporters-to-lower-prices-the.md) | +2.5% | -0.1% |
| RICE | 2025-02-21 | [ASIA RICE-Sluggish demand, high supplies pin Vietnam rates to over 3-year low \| MarketScreener](https://feedsoft.ai/events/26126-asia-rice-sluggish-demand-high-supplies-pin-vietnam-rates-to-over-3-year-low.md) | -4.8% | -4.6% |

## Sources

- spglobal.com: https://www.spglobal.com/commodity-insights/en/news-research/latest-news/agriculture/012325-west-africa-rice-importers-decrease-purchases-amid-oversupply-low-demand

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.