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On December 25, 2024, Türkiye unexpectedly increased the Special Consumption Tax (SCT) on distilled spirits by 12.5 percent, excluding domestically produced raki.
The COVID-19 pandemic had a very negative impact on the Turkish consumer food service industry in 2020, with a strong decline in sales and widespread outlet closures seen throughout the industry.
Turkey's Marketing Year (MY) 2021/22 wheat production estimate is lowered slightly to 16.25 million metric tons (MMT), while barley production is further lowered to 4.5 MMT.
Turkey’s sugar beet production is forecast at 19.5 MMT in MY 2021/22 and is expected to result in 2.8 MMT of sugar.
Turkey’s marketing year (MY) 2021/22 sunflower seed area and production is estimated at 760,000 hectares and 1.75 million metric tons (MMT) respectively.