Thailand ranks as the world’s third-largest rice exporter after India and Vietnam. Each year, it sends a significant share of its rice shipments to Africa.
In 2024, Africa imported a record 3 million tonnes of Thai rice, according to data from the Thai Rice Exporters Association (TREA) compiled by Agence Ecofin. This volume marks a 23.3% rise from 2023 and more than doubles the 1.09 million tonnes shipped in 2022.
South Africa led the growth with 833,184 tonnes, followed by Senegal (461,804 tonnes), Côte d’Ivoire (310,839 tonnes), Mozambique (287,125 tonnes), and Benin (286,649 tonnes). Together, these five countries accounted for over 70% of the total imports.
Other emerging importers included Angola (179,251 tonnes), Togo (144,552 tonnes), the Democratic Republic of Congo (109,425 tonnes), Congo (87,216 tonnes), and Ghana (57,458 tonnes).
TREA reports that Africa absorbed 30% of Thailand’s total rice exports in 2024, which totaled 9.94 million tonnes, costing about 60 billion baht or $1.8 billion.
Possible Drop in 2025
Some analysts predict a sharp decline in imports by the end of 2025. Between January and April 2025, Africa imported 617,995 tonnes of Thai rice, down nearly 32% year-on-year. The drop stems mainly from falling demand in Angola, Côte d’Ivoire, Benin, and the Democratic Republic of Congo.
Market watchers urge close monitoring of trends in the coming months. According to Platts, demand for Thai parboiled rice is resurging in West Africa, driven by better price competitiveness compared to Indian rice.
Platts states that the FOB price for a tonne of 100% whole grain Thai parboiled rice stood at $375, while Indian parboiled rice with 5% broken grains cost $381 per tonne FOB.
This price difference, combined with Thai rice’s superior quality, could boost its appeal in the sub-region, especially in quality-sensitive markets like Nigeria.
A Nigerian industry source told Platts that Nigerians would prefer Thai parboiled rice if it were more accessible, citing its long grain and premium quality. The source noted that imported Thai rice costs between 70,000 and 75,000 nairas ($95 to $97), while Indian parboiled rice costs between 60,000 and 62,000 nairas ($78 to $80). Despite the price gap, Nigerians favor Thai rice.
Espoir Olodo
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...
ECOWAS is proposing a regional digital platform for passengers to file and track complaints online...
World Bank announces $137 million to boost West Africa digital economy Program expands broad...
Newcore Gold increases Enchi project resources to 1.50 million ounces Growth follows drilling across four deposits, boosting development...
Côte d’Ivoire sets five digital priorities for 2026 transformation plan Focus on connectivity, digital payments, skills, cybersecurity,...
Orange Tunisie launches nationwide satellite internet service with up to 100 Mbps Expansion follows Eutelsat partnership, rollout across several...
Equity Group reports 75.5 billion shillings profit, up 55% Growth driven by regional subsidiaries and digital banking expansion Board raises...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...
Afreximbank launches Impact Stories season two highlighting trade-driven transformations Series features projects across Africa and Caribbean, from...