Over the decades, the demand for rice in Hong Kong has not been proportionally grown with the more populated distribution of consumers in the city. Definitely the demand for quality food products and the Westernised adoption of diet in Hong Kong have lessened the optimistic speculation of higher import of rice in the last decades...
Quality of life, style and chic, conceptual change of the functionality of rice itself all alter the import figures of rice from different supplying countries in Asia including the Chinese mainland and Thailand. At present, Thailand-originated rice products dominate the rice import market in Hong Kong exceeding 90% of the importing tons. Twenty years ago, we ate mainly China-grown rice. Facing the challenges and new horizon of trading environment, the traditional rice importers in Hong Kong after the 2003 Government policy to open the market and enable traders to compete in the rice market have forced to adopt and revise their very tactful handling of demand-supply portfolio. Stocking or selling their imported rice is the game to play, and this is also through the development of market-appraised rice products and varieties to maintain their market share in the profit pie. Today there is a chance that I visited one of these rice trading houses which has existed since the metropolitan cradle commenced to roll. And then the daily consumable goods once again is arousing the interest of the economists and investors.
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