Bulgaria: Rye Market 2025

Rye Market Size in Bulgaria

The Bulgarian rye market contracted to $X in 2022, shrinking by -12.9% against the previous year. Over the period under review, consumption saw a abrupt descent. Rye consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Rye Production in Bulgaria

In value terms, rye production shrank to $X in 2022 estimated in export price. Overall, production recorded a abrupt decline. The most prominent rate of growth was recorded in 2016 when the production volume increased by 32% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

In 2022, the average yield of rye in Bulgaria reduced to X tons per ha, with a decrease of -6.4% on the previous year. The yield figure increased at an average annual rate of +1.7% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when the yield increased by 18%. As a result, the yield attained the peak level of X tons per ha, and then contracted in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of rye were harvested in Bulgaria; waning by -14.9% on 2021. Over the period under review, the harvested area continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 43% against the previous year. Over the period under review, the harvested area dedicated to rye production attained the maximum at X ha in 2013; however, from 2014 to 2022, the harvested area remained at a lower figure.

Rye Exports

Exports from Bulgaria

Rye exports from Bulgaria shrank dramatically to X tons in 2022, declining by -53% against 2021 figures. Over the period under review, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 227%. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, rye exports fell significantly to $X in 2022. Overall, exports showed a noticeable decline. The pace of growth appeared the most rapid in 2021 with an increase of 293%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Greece (X tons) was the main destination for rye exports from Bulgaria, accounting for a 89% share of total exports. Moreover, rye exports to Greece exceeded the volume sent to the second major destination, Austria (X tons), eightfold.

From 2012 to 2022, the average annual growth rate of volume to Greece totaled +14.1%.

In value terms, Greece ($X) remains the key foreign market for rye exports from Bulgaria, comprising 89% of total exports. The second position in the ranking was held by Austria ($X), with an 11% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Greece stood at +17.8%.

Export Prices by Country

In 2022, the average rye export price amounted to $X per ton, increasing by 28% against the previous year. Over the period under review, the export price enjoyed modest growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 31%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Greece stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+3.2%), while the prices for the other major destinations experienced a decline.

Rye Imports

Imports into Bulgaria

Rye imports into Bulgaria shrank to X tons in 2022, reducing by -11.2% against the year before. In general, imports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2019 with an increase of 1,751%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, rye imports contracted rapidly to $X in 2022. Over the period under review, imports, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2019 with an increase of 1,050%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest rye supplier to Bulgaria, with a 61% share of total imports. Moreover, rye imports from Germany exceeded the figures recorded by the second-largest supplier, Romania (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at +39.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (+12.7% per year) and Austria (+30.8% per year).

In value terms, Germany ($X), Romania ($X) and Austria ($X) were the largest rye suppliers to Bulgaria, with a combined 100% share of total imports.

Germany, with a CAGR of +38.5%, recorded the highest growth rate of the value of imports, in terms of the main suppliers 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 rye import price amounted to $X per ton, waning by -5.3% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 72% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Romania ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :