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Turkey’s food sector is diverse and growing, despite COVID-19 and recent economic difficulties. COVID-19 prompted a health and wellness trend among many middle-class consumers, who are looking for healthier processed and packaged food products.
Turkey’s production of chicken meat in 2022 is projected higher, in large part because of anticipated strong export demand from neighboring countries and China.
In the last couple weeks, Turkey has imposed temporary export bans on select agricultural products to stabilize local market conditions and keep prices from running higher.
Fearing rising prices and the perceived threat of sunflower oil shortages, customers have scrambled in recent days to stock up on cooking oils.
Turkey’s production of major oilseeds – sunflowerseeds, cottonseeds, and soybeans – in MY 2022/23 is projected to rebound from the previous year as strong prices are expected to spur increased plantings.
In 2020/21, total citrus production in Turkey will decrease due to hot weather conditions in May 2020 during the blooming season.
Turkey published its Biosafety Law and implementing regulations in 2010. This legislation has continued to disrupt trade and Turkey’s domestic agriculture and food sectors.
Turkey’s cotton production is now estimated at 625,000 MT (2.87 million bales) on 350,000 hectares in marketing year (MY) 2020/21.
Turkey announced additional tariff reductions on lentils and eliminated tariffs on sunflower seed. According to a Presidential Decree published in the Official Gazette on November 5, 2020...
In marketing year (MY) 2020/21, Turkey’s total apple crop is expected to increase to 4.3 million metric tons (MMT) and the pear crop to 550,000 MT, according to the Turkish Statistics Institute.
Decree published in the Official Gazette, import tariffs on wheat, barley, and corn are reduced to zero, from 45, 35, and 25 percent, respectively.
The number of tourists entering the country continued to increase but the real value of tourist receipts decreased in 2019.