Bulgaria Expects Boost in Winter Tourism with Increased Foreign Visitors
Bulgaria is expecting a boost in winter tourism this year, with about 3.1 million foreign visitors projected between December and March
Globally, the essential oil sector is encountering significant challenges. Between 2021 and 2023, international trade in essential oils has seen a decline of over 26% in quantity and an 18% drop in value. Bulgarian exports are also experiencing a downturn, a trend that has persisted into the first half of 2024.
A major focus of the industry is the impact of European chemical policies and the increasing demands for environmental and social responsibility on the sector in Bulgaria. While rose oil production has remained stable over the past three years, with international prices allowing for a fairer distribution of added value, producers now face rising expectations.
These expectations include improving working conditions in the fields, managing seasonal labor, and promoting sustainable resource management to reduce the carbon footprint. The cultivation of oil rose is approaching a significant transition towards greener practices.
Conversely, lavender, another staple of the Bulgarian aromatic industry, is currently experiencing its toughest period in two decades. Falling international prices barely cover production costs, and the area dedicated to lavender has decreased to 98,000 acres from a peak in 2021. This leaves the future of the sector uncertain. However, experiments with new lavender varieties could present opportunities to better meet the needs of the international market going forward.
Remote work has become one of the most important trends in recent years.
It’s well known that online gambling has been regulated differently across the globe, but the cultural differences are not the only aspects responsible for this.
Winemakers are increasingly focusing on producing wines with lower alcohol content and fewer calories to meet the demands of health-conscious consumers
Over the past 15 years, Bulgaria has seen the disappearance of 401,871 farms, as reported by Prof. Bozhidar Ivanov, director of the Institute of Agrarian Economics at the Agricultural Academy of Sofia
Over 152 million counterfeit items, valued at approximately €3.
Bulgaria is set to request protective measures from the European Commission regarding the import of Ukrainian honey
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