Share

Text size

Bulgarian National Radio © 2025 All Rights Reserved

Economist: Grain prices will continue to drop

published on 4/19/23 3:45 PM

Георги Ангелов

Photo: Lora Turkoleva

"The farmers' problem is not related to imports from Ukraine, which are minimal - 0.3% of Bulgarian production. This is the opinion of Georgi Angelov, senior economist at the Open Society Institute. "When Ukrainian grain imports are stopped, it will become clear that this has no effect," he told BNR.

Mr. Angelov said the expected new harvest would further lower grain prices. The economist said the 2022 price had been artificially inflated on the world and Bulgarian markets. "Bulgaria produces between 6 and 7 million tonnes of grain and consumes only 1.5 million tonnes. We are a big exporter of grain and there is no way that the price in Bulgaria is higher than the world price," Angelov said.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy Georgi Angelov grain Open Society Institute prices Ukraine

More from category

Company invests over 1 million euros in its production in Bozhurishte

A Bulgarian company is expanding its production of laser cutting machines in the Sofia-Bozhurishte Industrial Park, the Ministry of Economy announced. The investment is worth 2 million leva (over 1 million euros). The company will build a new..

published on 9/14/25 9:10 AM

Petar Dilov

Ministry of Economy: The direct impact of US tariffs on Bulgarian exports may total €468 million

The tariffs imposed on European goods by the Trump administration are expected to have both direct and indirect effects on Bulgarian exports. The Ministry of Economy and Industry has calculated the direct impact at €468 million, while..

published on 9/10/25 4:45 PM

Is Bulgaria making the most of China’s vast trade potential?

The Celestial Empire, the “world’s factory”—that is China, the globe’s second-largest economy. The Asian powerhouse is actively expanding its economic reach worldwide, with the Belt and Road Initiative as the apogee of these efforts, through which..

published on 9/10/25 2:42 PM

1
..
5
6
7
8
9
10

WEATHER

Pick city: Sofía

Overcast, rain
Min: 4 | Max: 12

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

MOST VIEWED

Bulgaria's Fiscal Council recommends introducing budget savings measures in 2026 state budget

In view of the country's declining population, the Fiscal Council recommends that the government take savings measures in the 2026 state budget...

published on 10/28/25 11:51 AM

shopify analytics ecommerce
tracking