Market research

Maize starch market in Bulgaria

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

Between 2018 and 2023, the Bulgarian maize starch market experienced significant volatility. Market volume dropped sharply from 390,000 tons in 2018 to 174,900 tons in 2020, then recovered to 340,600 tons by 2022 before easing to 311,500 tons in 2023. Production followed a similar pattern, falling from 420,200 tons in 2018 to 212,600 tons in 2020, then rebounding to 400,500 tons in 2022 and declining to 349,900 tons in 2023.

In 2024, the market was influenced by geopolitical instability from the war in Ukraine, which affected corn supplies and prices. Increased corn imports for industrial starch production and expansion by key producer ADM Razgrad responded to market shifts and the removal of EU sugar quotas. New European food labeling and packaging waste regulations also introduced compliance factors for manufacturers.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Bulgaria
  1. 5.1.1. In kind, 2018-2023, K t
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, K t
  2. 5.2.2. In value, 2018-2024, M $ US
3. 5.3. Global production by Country, 2018-2023
  1. 5.3.1. Global Production by Country in kind
    1. 5.3.1.1. Annual dynamics of production by country in kind, 2018-2023, K t
    2. 5.3.1.2. Structure of production by countries in kind, 2018-2023
    3. 5.3.1.3. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Bulgaria in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Bulgaria by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Bulgaria in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Bulgaria by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Bulgaria, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Bulgaria by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Bulgaria in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Bulgaria by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Bulgaria in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Bulgaria by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Bulgaria, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Bulgaria by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Bulgaria in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Bulgaria by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Bulgaria in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Bulgaria by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Bulgaria, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Bulgaria by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Bulgaria in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Bulgaria by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Bulgaria in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Bulgaria by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Bulgaria, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Bulgaria by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production maize starch in Bulgaria

In kind, 2017-2020, K t

Between 2017 and 2020, Bulgaria ranked as the 15th largest producer of maize starch globally.

Top producers of maize starch, 2017-2020

Source: SHEV.io

World map of production of maize starch, 2017-2020

Source: SHEV.io

Bulgaria's maize starch production declined for the third year in a row. In 2020, the country produced 212.6 thousand tons, which represents a 19.7% decrease compared to 2019. Looking at the entire period from 2017 to 2020, production fell by 50.2%, averaging an annual decline of 20.7%.

Annual dynamics of production in Bulgaria in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(1.5%)	(37.0%)	(19.7%)	(20.7%)

Source: SHEV.io

Exports maize starch from Bulgaria

Exports in kind, t

Bulgaria's maize starch exports grew for the third consecutive year. In 2020, exports reached 42 268 tons, marking a 24.2% increase from the previous year. From 2017 to 2020, exports rose by 53.8%, with an average annual growth rate of 15.4%.

Annual dynamics of product's exports from Bulgaria in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	18.7%	4.3%	24.2%	15.4%

Source: SHEV.io

From 2017 to 2020, the main destinations for Bulgaria's maize starch exports were Slovakia, Greece, and Romania. Slovakia accounted for 32.4% of exports in volume, Greece for 23.4%, and Romania for 12.0%. Together, these three countries made up 67.8% of total exports.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Bulgaria in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Bulgaria's maize starch exports in value terms increased for the third year running. In 2020, exports amounted to 15 171 thousand US dollars, showing a sharp rise of 28.0% compared to 2019. Over the period from 2017 to 2020, exports grew by 68%, with an average annual increase of 18.9%.

Annual dynamics of product's exports from Bulgaria in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	23.2%	6.6%	28.0%	18.9%

Source: SHEV.io

During 2017–2020, Greece, Slovakia, and Romania remained the top buyers of Bulgarian maize starch in value terms. Greece held 28.3% of exports, Slovakia 24.6%, and Romania 12.2%. Combined, these countries represented 65.1% of total export value.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Bulgaria in value, 2017-2020

Source: SHEV.io

Imports maize starch to Bulgaria

Imports in kind, t

Bulgaria's maize starch imports in volume rose for the third consecutive year. In 2020, imports totaled 4 544 tons, reflecting a 51.6% increase from 2019. From 2017 to 2020, imports surged by 122.6%, with a compound annual growth rate of 30.6%.

Annual dynamics of product's imports to Bulgaria in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	15.8%	26.8%	51.6%	30.6%

Source: SHEV.io

Between 2017 and 2020, Romania, Italy, and Serbia were the key sources of maize starch imports for Bulgaria. Romania supplied 43.2% of imports in volume, Italy 20.8%, and Serbia 19.1%. Together, these three countries accounted for 83.1% of total import volume.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Bulgaria in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Bulgaria's maize starch imports in value terms increased for the third year in a row. In 2020, imports reached 1 788 thousand US dollars, representing a significant jump of 39.0% over 2019. From 2017 to 2020, imports grew by 105.6%, averaging an annual rise of 27.2%.

Annual dynamics of product's imports to Bulgaria in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	23.9%	19.4%	39.0%	27.2%

Source: SHEV.io

Over the 2017–2020 period, Romania, Italy, and Serbia were the primary suppliers of maize starch to Bulgaria in value terms. Romania contributed 36.5% of import value, Italy 21.1%, and Serbia 17.3%. Collectively, these countries made up 74.9% of total import value.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Bulgaria in value, 2017-2020

Source: SHEV.io