The head of the National Food Agency, (Bapanas), Andi Amran Sulaiman of Indonesia highlighted that Indonesia has boost their rice production which has helped in reducing global rice price further ensuring consistent and sustainable price stability. Andi Amran Sulaiman in in this context said that “Indonesia has contributed to lowering global food prices from around US$650 per ton to US$371 now.” He credited farmers for the decline in rice price and high rice production; he quoted that this achievement is largely due to the efforts of Indonesian farmers. Notably, Indonesia is among one of the major rice producing countries.
As far as international rice trade news is concerned, Indonesia’s efforts to strengthen domestic rice production to meet public consumption has also bolstered the Government Rice Reserve (CBP), which now totals 3.8 million tons. Direct policies implemented by Indonesian President Prabowo Subianto have allowed the nation to play a major role in the global rice market. It also marks the government’s move to stop rice imports in 2025. For the unversed, direct policies by Indonesia focuses on input subsidies, price support, and crop insurance to boost output and stabilize farmers’ incomes.
Direct Policies by Indonesian Govt. Helped in Decline in Global Rice Price
Based on data on white rice prices from several rice-exporting countries, the average price of rice from Thailand, Vietnam, Pakistan, and Myanmar in January 2024 ranged from US$622 to US$655 per metric ton. Back in December 2024, when Indonesia announced the halt to rice imports, rice prices from these four countries on the international market began to decline, ranging from US$455 to US$514 per metric ton.
“Statistics Indonesia (BPS) also predicts that our rice production in 2025 will reach 34.77 million tons. This is the highest increase,” Sulaiman remarked.
He mentioned that this year’s acceleration in national rice production leaves a surplus of 4.15 million tons compared to the previous year’s production of 30.62 million tons.
According to the 2025 Rice Balance Projection prepared by the National Development Planning Agency (Bappenas), rice consumption demand in 2025 will be around 30.97 million tons, resulting in a surplus of 3.8 million tons between rice production and consumption.
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