Surging Price of Turkish Tomato caused by Domestic Monetary Issues

Fresh Tomato

Fruits

Turkiye

Gabriela Cabezas

Published Mar 30, 2022

The price of Turkish tomatoes has increased by 93.76% YoY. In the fourth week of March 2022, Turkish tomatoes were valued at 1.49 USD per KG, compared to the same week in the previous season when the value was 0.77 USD per KG. High local inflation, increased production and freight costs, and a local currency devaluation are the reasons behind the increased price of Turkish tomatoes.

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