Bulgaria: 2020 turns out to be "black" for the native tomatoes

Published 2021년 1월 6일

Tridge summary

Initial estimates predict a significant decrease in tomato production by up to 30% in 2020, contributing to an anticipated 10% drop in overall vegetable production. Despite these challenges, the sector's share in crop and agricultural production remains steady. The article also discusses the potential impact of subsidy changes on vegetable cultivation areas, highlighting recent growth trends in global vegetable production, with tomatoes being the fastest-growing vegetable in terms of production since the early 21st century.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Tomato production is among the most affected sectors in domestic vegetable production in 2020. There may be a 30% decline on an annual basis, according to initial estimates by the Center for Economic Research in Agriculture (CAPA). Fruit and vegetable subsidies - what worries the industry? Data from the National Statistical Institute confirm that 2020 was unfavorable for vegetable production in general. Gross output is expected to fall by 10% mainly due to a contraction in physical production. On an annual basis, there is a decline in production by 17% compared to 2019. Analysts: Vegetable prices will be 8 - 10% higher than last year. The share of vegetables in crop production for 2020 will remain around 7.5%, while in gross agricultural production it will be around 5.1%. This is a slight decrease of 5.2% per year, calculated by CAPA. If we reach an increase in area subsidies by 5%, as expected from the Multiannual Financial Framework, the total area of vegetables for the next 7 ...

Source: Agri