Bulgaria: Oat Market 2025

Oat Market Size in Bulgaria

The Bulgarian oat market surged to $X in 2022, with an increase of 27% against the previous year. In general, consumption, however, continues to indicate a pronounced reduction. Oat consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Oat Production in Bulgaria

In value terms, oat production totaled $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2016 with an increase of 38%. Oat production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

The average yield of oats in Bulgaria fell to X tons per ha in 2022, shrinking by -1.8% compared with 2021 figures. The yield figure increased at an average annual rate of +2.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 with an increase of 18%. As a result, the yield reached the peak level of X tons per ha. From 2020 to 2022, the growth of the average oat yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of oats production in Bulgaria surged to X ha, growing by 17% against 2021 figures. Overall, the harvested area, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2016 when the harvested area increased by 38% against the previous year. The oat harvested area peaked at X ha in 2013; however, from 2014 to 2022, the harvested area failed to regain momentum.

Oat Exports

Exports from Bulgaria

In 2022, shipments abroad of oats decreased by -35.8% to X tons, falling for the second consecutive year after three years of growth. In general, exports, however, posted temperate growth. The growth pace was the most rapid in 2020 when exports increased by 487% against the previous year. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, oat exports fell to $X in 2022. Overall, exports, however, showed moderate growth. The most prominent rate of growth was recorded in 2020 when exports increased by 498% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Greece (X tons) was the main destination for oat exports from Bulgaria, with a approx. 99% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Greece stood at +6.8%.

In value terms, Greece ($X) also remains the key foreign market for oats exports from Bulgaria.

From 2012 to 2022, the average annual rate of growth in terms of value to Greece amounted to +6.2%.

Export Prices by Country

The average oat export price stood at $X per ton in 2022, growing by 42% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Greece.

From 2012 to 2022, the rate of growth in terms of prices for Serbia amounted to +7.3% per year.

Oat Imports

Imports into Bulgaria

After two years of growth, supplies from abroad of oats decreased by -29.9% to X tons in 2022. In general, imports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2014 when imports increased by 579%. Imports peaked at X tons in 2021, and then fell dramatically in the following year.

In value terms, oat imports fell dramatically to $X in 2022. Over the period under review, imports, however, posted a strong expansion. The pace of growth appeared the most rapid in 2014 with an increase of 670%. Over the period under review, imports hit record highs at $X in 2021, and then declined sharply in the following year.

Imports by Country

Austria (X tons), Ukraine (X tons) and France (X tons) were the main suppliers of oat imports to Bulgaria, together comprising 83% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +41.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Ukraine ($X) and France ($X) constituted the largest oat suppliers to Bulgaria, together comprising 75% of total imports.

Among the main suppliers, France, with a CAGR of +18.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average oat import price amounted to $X per ton, surging by 16% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 39%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($X per ton), while the price for Moldova ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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