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Turkey has a young population of 84 million people fueling consumption of consumer-oriented agricultural products. The country is in a Customs Union with the EU and is the 20th largest economy in the world and the 7th largest agricultural producer.
In MY 2021/22, the orange yield is forecast to increase 40 percent to 1.82 million metric tons (MMT) due to favorable rainy weather conditions in March and April 2021. The input costs for items such as fertilizer, fuel, and pesticides are still considered too high while farm gate prices are too low to compensate for the high production costs.
In MY 2015/16, yields were favorable in Turkey and the total production of citrus was 3.9 MMT. The sector expects that the yield in MY 2016/17 will follow the same upward trend as last year.
Despite the slowdown in the growth of the Turkish economy in general, the food retail sector is expected to grow eight percent annually. The total retail sector in Turkey reached US$214 billion...
Turkey published its Biosafety Law and implementing regulations in 2010. Ever since, this legislation has continued to disrupt Turkey’s agriculture and food sectors due to inharmonious procedures...
Turkey will start to implement a new subsidy program for agricultural products in 2017, the National Agriculture Project, which has an anticipated annual budget of nearly US$4 billion.