Bulgaria: The import of sunflower oil has increased by 3516% for the year

Published 2023년 7월 14일

Tridge summary

The import of sunflower oil in Bulgaria has increased significantly by 3516% in the last year. The main countries from which sunflower and its products are imported are Ukraine, Romania, and Moldova. On the other hand, the export of sunflower seed and its products has also experienced growth, with increases in the export of sunflower oil and oilseeds. However, the production in Bulgaria's sunflower industry has become increasingly expensive compared to European standards, prompting the need for further analysis.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The import of sunflower oil - refined and unrefined - has increased by 3516% for the last year, according to the data of the Ministry of Economy and Industry (MII), presented in the Plenary Hall during the response of the Minister of Economy and Industry Bogdan Bogdanov on the influence of the sunflower seed imported from Ukraine on the Bulgarian market of the deputy Rumen Hristov. In quantitative terms, this equals 218 thousand tons, explained the minister. According to data from Eurostat, the import of blanched/unbleached/patterned sunflowers in our country decreased by 12.8% on an annual basis to 33 thousand tons, and sunflower meal increased by 544% to 155 thousand tons, the data also show. The main countries from which sunflower and its products are imported are Ukraine, Romania and Moldova, explained Minister Bogdanov. Regarding the export of sunflower seed and its products, in 2022, according to MII calculations, the export of bleached/unbleached/patterned sunflower has ...
Source: Agrozona

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