Bulgaria: past and present of oilseeds

25.07.2017

Bulgaria is a key oilseed producer in the Black Sea region. Oilseed plantings in Bulgaria exceed 1 Ml ha since 2010, accounting for over 20% of the nation’s total farmland. The exceptions are MY 2010/11 and MY 2012/13, when oilseed planted areas equaled 950 Th ha and 930 Th ha, respectively.

Traditionally, the main oil crop is sunseed. It represents 77% to 87% of total oilseed acreage. The remaining 13-23% is accounted for by rapeseed. Plantings of both sunseed and rapeseed proportionally shrank in the two seasons following MY 2014/15.

Bulgarian farmers have not gained such impressive experience in soybean growing as in cultivation of other oilseeds: soybeans are grown in the country since MY 2003/04. Until the 2015/16 season, the area seeded to soya was far below 1 Th ha. Even now its size is so insignificant that makes it impossible to graphically illustrate the soybean share in total oilseed plantings.

Full version of the article is available to subscribers for weekly market report “Black Sea Vegoils +CIS” and “Online market review” by UkrAgroConsult.

Further prospects of the world oilseeds/vegoils market will be discussed at the V International Conference “Black Sea Oil Trade”, which will take place on September 19, 2017 in Hilton hotel, Kiev, Ukraine.

Annual International Conference “Black Sea Oil Trade” – is an effective platform, providing oilseed industry operators with vast networking opportunities, exclusive analytics of Ukrainian and Black Sea agri market, insights for development of the long term business strategies.

Conference participants are represented by producers and crushers of oilseeds, traders, enterprises for deep processing of vegetable oils, agriholdings, investment companies, banks, legal, shipping, brokerage, insurance, surveyor companies etc.

Early Bird registration rate is available! Market operators from 10 countries have already registered to take part. 

Follow the updates, Agenda and Speakers at the conference website.

 

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