Turkiye: Citrus Annual
Link to report:
In contrast to the production surplus in MY 2023/24, total citrus production is expected to decrease 36 percent in MY 2024/25 to around 5 million metric tons (MMT) due to excessive heat during the blooming period and drought conditions during the harvest period. Due to projected decreased production, it is expected that citrus prices at supermarkets will increase. According to Turkish citrus exporters, exports in MY 2024/25 will be lower than the previous season, however they expect higher revenue due to lower production in competitor countries. On the other hands, orange exports in MY 2024/25 are expected to stagnate at 260,000 MT despite low yields and increasing production costs, along with high foreign demand. Traders note that their export capabilities and profit margins continue to decrease due to unstable exchange rates, high domestic inflation, and rising production.