WB: Price of rice to decline by 1.7% in 2026

15:01 - 29.04.2026


April 29, Fineko/abc.az. The World Bank has updated its rice price forecast for 2026-2027.

ABC.AZ informs that this is stated in the WB’s report on stock exchanges.

According to the report, in 2026, the price of 1 ton of rice will be $401. This corresponds to the forecast presented in October 2025.

According to the WB forecast, in 2027 the price of 1 ton of rice will be $413, which is $4 more than the forecast figure presented in October.

Bank's forecast says that year-on-year, the price of rice will drop by 1.7% in 2026 and rise by 3% in 2027.

According to the report, in 2025, 1 ton of rice cost $408.