Key Market Indicators
Consumption of Bulgarian sunflower oil is projected to reach 90,000 metric tons by 2026, up from 77,000 metric tons in 2021. This would represent an average annual increase of 2.4%. Since 2017, demand for the oil in Bulgaria has grown by 0.4% year on year. In 2021, the nation was in 23rd place in the rankings, overtaken by Uganda with 77,000 metric tons. Russia, Spain, and Argentina took the top three spots. Production of sunflower oil in Bulgaria is expected to reach 663,000 metric tons by 2026, up from 551,000 metric tons in 2021. This represents an average annual growth rate of 3.1%. Since 1966, Bulgarian production has grown 6.4% year on year. In 2021, the country placed 6th in the rankings, overtaken by France with 551,000 metric tons. Russia, Argentina, and Hungary were the top three.