Bulgarian factories will have to import rapeseed to support processing volumes

Published 2024년 10월 22일

Tridge summary

Bulgaria's new season is expected to see a significant reduction in rapeseed harvest, leading to a 23% decrease in exports by 2023/24. To maintain processing volumes, imports are set to increase by 4%. However, the decrease in supply is expected as key suppliers are also experiencing adverse weather conditions. This year, the rapeseed crop is 15% lower than the previous year, and seeding for the 2025 harvest has started under moisture deficit conditions, with the area for the 2025 harvest forecasted to be 10-15% larger than the previous year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the new season, the reduction of the rapeseed harvest in Bulgaria may lead to a decrease in exports (-23% by 2023/24 MR), and the maintenance of processing volumes will be at the expense of imports (+4%), reports "UkrAgroConstalt". "However, it should be taken into account that the key suppliers of rapeseed to Bulgaria are also affected by the adverse weather and expect a lower rapeseed harvest, so the supply will be limited," it said. As analysts noted, the rapeseed crop in Bulgaria this year is 15% lower than in 2023/24. In addition, rape seeding in the country for the 2025 ...
Source: Elevatorist

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