Bulgaria enhancing its position as a sunflower oil exporter

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Bulgaria enhancing its position as a sunflower oil exporter



Consulting Agency UkrAgroConsult


Svetlana Kupreeva oilseed and vegoil market analyst at "UkrAgroConsult"

Bulgarian sunseed production has been following an upward trend since three years ago. Apart from an expanding planted area, this time period saw a rise in yields. According to preliminary results of the 2017/18 season, the two factors combined brought the sunseed crop to a record over 2057 KMT. Sunflower plantings in Bulgaria increased to an all-time high of 911 Th ha, while yield reached a near maximum of 2.29 MT/ha, reports UkrAgroConsult.

In the 2017/18 season, the rise in sunseed supply not only enhanced Bulgaria’s export potential but also resulted in higher domestic crushing. Correspondingly, sunflower oil exports reached a record level.   

The EU still accounts for a lion’s share in Bulgarian sunflower seed exports. European countries absorb just 56% of sunflower oil exports from Bulgaria.

Concerning the 2018/19 season, the planted area of sunflower shrank down 18.8% from last season, but a record yield made it possible to harvest a heavier crop than expected.

UkrAgroConsult’s analysts believe Bulgaria will continue stepping up sunflower seed crushing with further increasing of sunflower oil exports.

Full version of the article is available to subscribers for weekly market report “Black Sea Vegoils” by UkrAgroConsult.

Analytical report "Black Sea Vegoils" contains detailed analysis of the latest trends in oilseeds/vegoils/meals exports, palm oil imports, supply and demand balances with breakdown by crop as well as crop conditions and progress in planting/harvesting in the countries of Black Sea Region.

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