Bulgaria: We buy butter twice as expensive as other Europeans

Published 2021년 7월 6일

Tridge summary

The article highlights the significant difference in oil prices in Bulgaria compared to other EU countries, with Bulgarian oil being nearly twice as expensive. This high oil price is impacting the production of dairy products, particularly butter and skimmed milk powder, which has led to a decrease in their production. Despite this, there has been growth in the production of condensed milk, cheese, and cream. The quantity of processed cow's milk in Bulgaria has also seen an increase, as has the production of red meat, despite a decrease in the production of pork, mutton, and lamb due to African Swine Fever. Wholesale pork prices in Bulgaria remained stable in May but are expected to rise due to increasing European and world prices.

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

Original content

Oil in our country is almost twice as expensive as in other EU member states (EU), according to data from the bulletin of the Center for Economic Research in Agriculture (SARA). According to the statistics, in June the oil in our country was traded for BGN 1528 per 100 kg or about BGN 14 / kg. During the same period in the other EU countries it was at an average price of BGN 801.9, about BGN 80.20 per kilogram. Against the background of constantly rising prices, the production of some dairy products is also decreasing. For example, in the period January-April it decreased by 2% for butter and 6.3 percent for skimmed milk powder. Growth is observed only in condensed milk - 4.6%, cheese - 3 percent, and cream by just over 1%, adds "Monitor". Meanwhile, the quantities of processed cow's milk in our country continue to increase by 4.9% in the period 2019 - 2020, reaching 717 thousand tons. The quantities of the product produced last year amounted to 856 thousand tons. The data ...

Source: Dnes