The export of barley from Bulgaria reaches nearly half a million

Published 2024년 10월 22일

Tridge summary

In the first four months of the 2024/25 season, Bulgaria's barley exports have significantly increased, reaching 0.47 million metric tons, marking a 56% rise from the previous season and the strongest export rate since 2018. This surge, which surpasses the six-year average by 171%, is due to a larger harvest and favorable weather conditions, resulting in a crop of over 1 million metric tons, the highest in a decade. While post-harvest exports are slowing, half of the exports have been directed to EU countries and the other half to non-EU countries, with Spain, Saudi Arabia, Portugal, Morocco, and Algeria being the top destinations.

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

Original content

The export of barley from Bulgaria marked a huge growth in the first nearly 4 months of the 2024/25 season. Thus, from the beginning of the season (July 1) to now (October 21), the total export volume reached 0.47 Mmt. This is 170Kmt or 56% more than the export in the previous season, when for the same period 0.3Mmt was exported. The current rate of exports is the strongest since 2018. With an average of 173Km exported for the July-October period, this year's sales are ahead of the 6-year base by 171%. As can be seen in the graph, we have almost reached the levels exported in the previous season. Farmers harvested more barley acreage this year and favorable weather allowed for good yields, resulting in the crop exceeding 1Mmt, the highest level in a decade. This also boosted exports. Traditional post-harvest exports are slowing down and minimal quantities are likely to be traded again from here until the end of ...

Source: Agroportal