Bulgaria: Oilseeds and Products Market Update

  |   Attaché Report (GAIN)   |   BU2023-0011

FAS Sofia updates its forecasts for Bulgarian production of oilseed crops in marketing year (MY)2023/24 to 2.48 million metric tons (MMT), based on improving prospects for average yields of rapeseed and sunflower. An unusually rainy and cooler spring led to favorable growing conditions but hampered timely sunflower planting and caused higher pest and disease pressure. In MY2022/23 Bulgaria preserved its position as the top European Union (EU) importer of price-competitive sunflower seeds from Ukraine, with a 38 percent share in total EU imports and kept increasing its crush. It also became the third largest EU importer of crude sunflower oil for further refining with 14 percent share. Due to accelerated exports of sunflower seeds in the last two months, Bulgaria is currently the second in the EU (45 percent share) in terms of exports of sunflower seeds. It leads with 62 percent of total EU exports of sunflower meal and 43 percent of EU exports of sunflower oil.

Related Reports

Effective November 9, 2023, American ginseng (Panax quinquefolius) has been approved for use as a food ingredient in China. This notice should create additional opportunities by allowing the product to be marketed and traded outside of medicinal...
Attaché Report (GAIN)

Czech Republic: FAIRS Export Certificate Report Annual

As a member of the European Union (EU), the Czech Republic implements EU regulations regarding required export certifications. For information on EU export certifications, please see the Food and Agricultural Import Regulations and Standards –...
Attaché Report (GAIN)

Honduras: Agricultural Biotechnology Annual

Honduras has made no modifications or changes to its existing regulatory framework. As of October 2023, Honduras had more than 55,000 hectares (ha) of genetically engineered (GE) corn production, a 6% increase from CY 2022. Two crop event approvals...