Inquirer
Agriculture dep’t forecasts lower rice imports this 2025
The Department of Agriculture (DA) is projecting lower rice imports for 2025, estimating between 3.8 to 4 million metric tons.
This forecast is attributed to expected improvements in local production, favorable weather conditions, and a higher stock carryover from previous imports.
Rice imports reached a record high of 4.8 million metric tons in 2024, surpassing the 2022 record of 3.83 million metric tons.
As of March 27, 2025, traders have procured 804,347.088 MT of imported rice, a decrease of 32.2% compared to the same period last year.
Vietnam dominates the import market, holding over 80% share, followed by Thailand and Pakistan.
Agriculture Assistant Secretary Arnel de Mesa stated that if current trends continue, import volumes will definitely be lower.
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Department of Agriculture (DA) Secretary Francisco Tiu Laurel Jr. is leaning towards recommending a slight and gradual increase in tariffs on imported rice during the next review in June.
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