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The February 6, 2023 earthquakes greatly affected Kahramanmaras, the center of Turkiye's cotton yarn and textile production, but the industry is already on the road to recovery.
Turkiye’s food and beverage sector depends on domestic and imported ingredients, a large portion of which are sourced from Europe. European ingredients enjoy zero or low import duties under preferential trade agreements, as well as lower freight costs.
In March, the Turkish Ministry of Agriculture & Forestry (MinAF) detected for the first time an SAT-2 strain of foot and mouth disease (FMD) in cattle.
On March 8, 2023, the Turkish government issued a notice in the Official Gazette to lift the remaining restrictions on exporting certain agricultural products, including red meat, tomatoes, some pulses, and sunflower oil.
Turkey’s production of major oilseeds – sunflowerseeds, cottonseeds, and soybeans – in marketing year (MY) 2023/24 is projected to decrease year-over-year because of pre-earthquake market dynamics.
Turkey recently announced that the tariff on imported sunflowerseed would increase from zero to 5 percent from October 27 through the end of 2022. This revision coincides with Turkey’s sunflowerseed harvest.
Owing to improved weather conditions, grain production in Turkey in marketing year (MY) 2022/23 is projected to increase year-over-year to 17.3 million metric tons (MMT). Wheat, barley, corn, and rice production are individually projected higher from last year which was hit by intense dry weather.
Turkey’s HRI sector, which continues to recover from the effects of the COVID-19 pandemic, is now grappling with rising inflation and economic uncertainty. Persistent inflation has eroded consumers’ buying power, causing them to switch to cheaper dining-out options, such as fast food and street stalls.
With favorable weather conditions and an expansion in the area harvested, Turkey’s sunflowerseed production is forecast to hit a record of 1.9 million metric tons (MMT) in marketing year (MY) 2022/23. Production of sunflower meal and oil are likewise projected at record highs.
Good weather conditions and an “on-year” for production will push Turkey's pistachio production higher in MY 2022/23. The production of almonds and hazelnuts is likewise forecast higher, while walnut production is expected to remain steady.