# Record rice imports expected in Philippines

> The USDA FAS projects record Philippine rice imports of 4.7 million tonnes in 2024-25, matching the prior record, driven by high domestic prices and tariff cuts. Consumption is forecast at a record 17.2 million tonnes and ending stocks at a record 4.2 million tonnes.

- Date: 2024-07-16 · published 2024-07-16T12:00:00.000Z
- Category: report · region Philippines · magnitude medium
- Page: https://feedsoft.ai/events/29327-record-rice-imports-expected-in-philippines
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Record import demand supports global rice trade flows, though record stocks and wet-season harvest may limit price gains.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2023-12-24 | [Export results in 2023 provide stepping stone for rice sector next year \| VTV](https://feedsoft.ai/events/32793-export-results-in-2023-provide-stepping-stone-for-rice-sector-next-year-vtv.md) | +1.4% | +2.2% |
| RICE | 2025-02-12 | [China's grain import dynamics shift as corn declines as rice rebounds \| Feed & Grain](https://feedsoft.ai/events/14682-china-s-grain-import-dynamics-shift-as-corn-declines-as-rice-rebounds-feed-and.md) | +0.1% | -3.1% |
| RICE | 2022-11-02 | [Rice, flour, corn prices reach record high in Bangladesh \| Prothom Alo](https://feedsoft.ai/events/7732-rice-flour-corn-prices-reach-record-high-in-bangladesh-prothom-alo.md) | +2.0% | +3.4% |
| RICE | 2023-08-04 | [Global food prices rise after Russia ends grain deal and India restricts rice exports \| AP News](https://feedsoft.ai/events/34652-global-food-prices-rise-after-russia-ends-grain-deal-and-india-restricts-rice.md) | -0.3% | +4.4% |
| RICE | 2023-01-25 | [Rice procurement: inelastic borrowing? - BR Research - Business Recorder](https://feedsoft.ai/events/37846-rice-procurement-inelastic-borrowing-br-research-business-recorder.md) | -2.2% | -6.6% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/record-rice-imports-expected-in-philippines/

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