| Between 2014 and 2031, Africa will expand its rice production area by almost 50 percent, according to new analysis on the global outlook on rice production and demand released today by IHS Inc, the leading global source of critical information and insight.
1)Africa rapid expansion of areas for rice production will be the fastest globally in percentage terms; 2)Asian demand, mainly from China, is driving a majority of the growth in rice consumption during 2014/15; 3)However, Africa’s rice import demand is driving much of the world’s long-term import growth; 4)With a lower Indian rice production estimate due to issues relating to a later monsoon, India is forecast to lose its spot as top exporter in 2014/15 to Thailand...............................................Full Article: Source
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