
Bulgaria - Rice - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingBulgaria: Rice Market 2025
Rice Market Size in Bulgaria
In 2021, the Bulgarian rice market decreased by -39% to $X for the first time since 2017, thus ending a three-year rising trend. In general, consumption recorded a mild contraction. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.
Rice Production in Bulgaria
In value terms, rice production dropped markedly to $X in 2021 estimated in export price. Over the period under review, production showed a precipitous contraction. The pace of growth was the most pronounced in 2016 with an increase of 49%. Rice production peaked at $X in 2020, and then dropped rapidly in the following year.
The average yield of rice in Bulgaria dropped to X tons per ha in 2021, reducing by -9.5% against the previous year. Overall, the yield recorded a slight decrease. The pace of growth appeared the most rapid in 2015 with an increase of 11% against the previous year. Over the period under review, the average rice yield reached the peak level at X tons per ha in 2019; however, from 2020 to 2021, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2021, approx. X ha of rice were harvested in Bulgaria; waning by -2.4% on the previous year's figure. The harvested area increased at an average annual rate of +2.2% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2015 when the harvested area increased by 12% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2016 to 2021, the growth of the rice harvested area remained at a somewhat lower figure.
Rice Exports
Exports from Bulgaria
After five years of growth, shipments abroad of rice decreased by -19.2% to X tons in 2021. In general, exports, however, saw a resilient increase. The pace of growth was the most pronounced in 2019 with an increase of 32% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2020, and then dropped notably in the following year.
In value terms, rice exports fell to $X in 2021. Over the period under review, exports, however, recorded a strong expansion. The growth pace was the most rapid in 2020 when exports increased by 33%. As a result, the exports reached the peak of $X, and then fell in the following year.
Exports by Country
Romania (X tons) was the main destination for rice exports from Bulgaria, accounting for a 61% share of total exports. Moreover, rice exports to Romania exceeded the volume sent to the second major destination, Turkey (X tons), twofold. The third position in this ranking was held by Poland (X tons), with a 4.4% share.
From 2012 to 2021, the average annual growth rate of volume to Romania amounted to +10.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+3.4% per year) and Poland (+17.3% per year).
In value terms, Romania ($X), Turkey ($X) and Poland ($X) constituted the largest markets for rice exported from Bulgaria worldwide, with a combined 91% share of total exports.
Poland, with a CAGR of +20.2%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average rice export price stood at $X per ton in 2021, growing by 14% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In 2021, amid the top suppliers, the countries with the highest prices were Albania ($X per ton) and Serbia ($X per ton), while the average price for exports to Romania ($X per ton) and Turkey ($X per ton) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Rice Imports
Imports into Bulgaria
In 2021, after three years of growth, there was significant decline in purchases abroad of rice, when their volume decreased by -38.8% to X tons. In general, imports, however, recorded a strong expansion. The growth pace was the most rapid in 2019 when imports increased by 77% against the previous year. Imports peaked at X tons in 2020, and then reduced rapidly in the following year.
In value terms, rice imports fell markedly to $X in 2021. Over the period under review, imports, however, showed a prominent expansion. The growth pace was the most rapid in 2014 when imports increased by 62% against the previous year. Over the period under review, imports hit record highs at $X in 2020, and then shrank remarkably in the following year.
Imports by Country
In 2021, China (X tons) constituted the largest supplier of rice to Bulgaria, accounting for a 56% share of total imports. Moreover, rice imports from China exceeded the figures recorded by the second-largest supplier, Greece (X tons), twofold. The third position in this ranking was held by Myanmar (X tons), with an 11% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +263.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (+12.8% per year) and Myanmar (+30.8% per year).
In value terms, the largest rice suppliers to Bulgaria were China ($X), Greece ($X) and Myanmar ($X), together accounting for 84% of total imports.
In terms of the main suppliers, China, with a CAGR of +240.8%, saw 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 2021, the average rice import price amounted to $X per ton, picking up by 17% against the previous year. In general, the import price, however, continues to indicate a perceptible downturn. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for China ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cambodia (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the rice market in Bulgaria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 27 - Rice, paddy
Country coverage:
- Bulgaria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bulgaria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional EditionPRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
-
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
-
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
-
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
-
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
-
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012-2024
- Imports, In Value Terms, By Country, 2012-2024
- Import Prices, By Country, 2012-2024
- Exports, In Physical Terms, By Country, 2012-2024
- Exports, In Value Terms, By Country, 2012-2024
- Exports Prices, By Country, 2012-2024
-
LIST OF FIGURES
- Market Volume, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply Vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply Vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, by Product
- Average Per Capita Consumption, by Product
- Exports and Growth, by Product
- Export Prices and Growth, by Product
- Production Volume and Growth
- Yield and Growth
- Exports and Growth
- Export Prices and Growth
- Market Size and Growth
- Per Capita Consumption
- Imports and Growth
- Import Prices
- Production, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Harvested Area: Historical Data (2012–2024) and Forecast (2025–2035)
- Yield: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, in Physical Terms, by Country, 2024
- Imports, in Physical Terms, by Country, 2012-2024
- Imports, in Value Terms, by Country, 2012-2024
- Import Prices, by Country, 2012-2024
- Exports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, in Physical Terms, by Country, 2024
- Exports, in Physical Terms, by Country, 2012-2024
- Exports, in Value Terms, by Country, 2012-2024
- Export Prices, by Country, 2012-2024
Recommended reports
This report provides an in-depth analysis of the rice market in Asia.
This report provides an in-depth analysis of the global rice market.
This report provides an in-depth analysis of the rice market in the EU.
This report provides an in-depth analysis of the rice market in the U.S..
This report provides an in-depth analysis of the rice market in China.