Bulgaria becomes top EU importer of Ukrainian sunflower seeds

Published 2023년 3월 28일

Tridge summary

Bulgaria is the leading importer of sunflower seeds from Ukraine in the EU, accounting for 40% of total EU imports in the 2022/23 marketing year, as reported by the USDA. Despite an 8% increase in oilseed planted area, Bulgaria's total oilseed production remained steady at 2.4M tonnes due to heat and drought conditions. Sunflower production rose by 4%, but rapeseed crop was 20% lower. By the end of February, Bulgarian exports of sunflower meal and oil reached over 400,000 tonnes and 360,000 tonnes, respectively, making up 66% and 47% of total EU exports respectively. However, local farmers express concerns over imported sunflower seeds depressing local prices. The USDA predicts higher oilseed production for the 2023/24 marketing year if favourable weather conditions and recovered soil moisture reserves are achieved.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Bulgaria has become the top European Union (EU) importer of sunflowerseeds from Ukraine with a 40% share of total EU imports and increased crushing in the 2022/23 marketing year, according to a report by the United States Department of Agriculture (USDA). Although the oilseed planted area in Bulgaria increased by 8% in the period, total oilseed production remained at the same level as the previous year at 2.4M tonnes due to lower yields caused by heat and drought conditions, the 10 March Foreign Agricultural Service (FAS) report said. While sunflower production increased by 4% compared to the previous season, the rapeseed crop was 20% lower. As of the end of February, Bulgarian exports of sunflower meal exceeded 400,000 tonnes and accounted for 66% of total EU exports. The country’s exports of sunflower oil reached 360,000 tonnes, representing a 47% share of total EU exports. However, local farmers had expressed deep concerns that the imported sunflower was depressing local ...

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