Bulgaria Leads EU in Lavender Production Europe is the worlds primary producer of lavender and lavender oil.

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Bulgaria Leads EU in Lavender Production Europe is the world’s primary producer of lavender and lavender oil. Bulgaria increased its lavender production in 2008, causing the price of lavender oil to fall. In 2015, it replaced France, which has been facing problems related to crop disease and pests, as the EU leader of lavender production. Explain the effect of falling lavender prices on the market for lavender oil.

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Economics

ISBN: 9781292433639

14th Global Edition

Authors: Michael Parkin

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