Key Market Indicators
**Bulgarian Oilseeds Consumption and Production Trends** **Sofia, Bulgaria** — The consumption of oilseeds in Bulgaria is projected to climb to approximately 48,000 metric tons by 2028, up from 45,000 metric tons in 2023. This marks an average annual growth rate of 0.9%. However, since 2019, the country’s demand for oilseeds has seen a slight decline, falling by 0.4% year on year. In 2023, Bulgaria ranked 73rd in global oilseed consumption, with Vanuatu surpassing it by consuming 45,000 metric tons. India, Indonesia, and Brazil held the top three spots respectively. On the production front, Bulgaria is expected to reach around 1.19 million metric tons by 2028, increasing from approximately 1.07 million metric tons in 2023. This indicates an average annual growth rate of 1.6%. Historical data since 1966 shows that Bulgarian oilseed production has grown at an average rate of 1.9% per year. In 2023, Bulgaria ranked 22nd in oilseed production, with Tanzania surpassing it with an output of about 1.07 million metric tons. Brazil, Malaysia, and the United States took the second, third, and fourth positions respectively in global rankings.
