The price of the lavender oil in Bulgaria is insanely low

Good yields, insanely low prices! This is how farmers from Dobrudja summarize the picture in the production of lavender oil. In this year, nature proved to be kind to the farmers and provided conditions suitable for the development of the essential oil culture. Vote: Are you satisfied with the work of Minister Ivan Ivanov and his team? At this stage, good amounts of green mass are harvested from the lavender fields, which in the distilleries yield 10-12 kg/ha of oil. This is two to three times more than in the summer of 2021. Against the background of rising costs of lavender oil production, its price continues to fall. It is several times lower than the peak a few years ago. In 2018, a unique record of 200-250, even 280 BGN/kg of oil was reached. Unfortunately, after that there was a sharp drop in the price to BGN 50-55/kg, and currently, according to the producers, the offers are even lower. There is great ambiguity and uncertainty in the lavender oil market, share the farmers ...