Bulgaria harvested the smallest sunseed crop in 12 years in 2024
23 December, 2024 at 18:12
2023/24 MY
Planted area: (-5% y/y, driven by reduced farmer sunflower seed margins in 2022).
Yield: (-12%).
Production: (-16% y/y).
2023/24 MY Summary:
- Sunflower seed exports: (-15% y/y).
- Sunflower seed imports: (-13%).
- Sunflower oil exports: (-12%).
- Sunflower oil imports: (+3%).
Bulgarian market, 2024/25 MY:
Adverse weather across the Black Sea region led to repeated downward revisions of production forecasts. Despite increased area, yields are projected at their lowest since 2008/09 MY.
December UkrAgroConsult forecast:
Planted area: (+6% y/y).
Yield: (-23%).
Production: (-18%, the lowest since 2013/14 MY).
