News

Turkey: Record increase in sesame exports

Sesame Seed
Oil & Fats
Nuts & Seeds
Turkiye
Market & Price Trends
Published Mar 19, 2024

Tridge summary

Turkey has seen a significant increase in its sesame exports, with a 62% rise to $124.5 million in 2023, compared to $77 million in 2022. The country aims to further boost these exports to $250 million. China is the primary importer of Turkey's high-quality sesame, which is sold at $2.4 per unit. In the first two months of 2024, sesame exports surged by 170% to $1.7 million. Additionally, cumin and anise exports also saw substantial increases during the same period, rising by 106% to $2.24 million and 111% to $754,000 respectively.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Muhammet Öztürk, President of the Aegean Grains, Pulses, Oilseeds and Products Exporters Association, stated in his statement that Turkey's sesame exports, which were 77 million dollars in 2022, increased by 62 percent to 124.5 million dollars in 2023. Stating that the new target in sesame exports is to reach 250 million dollars, Öztürk said: "The largest importer of sesame is China, with 1.6 billion dollars. Since our sesame is of high quality, its unit price is 2.4 dollars. China imports it at 1.5 dollars. Japan and European countries, which are a selective market, buy our quality sesame. Japan' In the January-February period of 2024, our sesame exports throughout Turkey increased by 170 percent compared to the same period last year, from 660 thousand dollars to 1.7 million dollars. Our exports increased by 195 percent from 6 million 645 thousand dollars in the January-February period of 2024. "It increased to 19 million 632 thousand dollars." Öztürk stated ...
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