Turkey: Are intermediaries the only culprit in the increase in food prices?

Published 2021년 6월 22일

Tridge summary

The article highlights the significant increase in food prices, with a focus on fresh fruits and vegetables, attributing the rise to the complex process from farm to consumer and the role of intermediaries. It points out that the cost of imported materials used in packaging and manufacturing, which make up a substantial portion of the final product price, has seen a dramatic increase during the pandemic, in some cases doubling. These factors, along with the dependency on imported materials and the effects of the Suez Canal crisis, have led to challenges in the food industry such as rising production costs, product shortages, and issues with supply and transportation. The article calls for local alternatives to these imported materials and stresses the need for increased recycling and cost-saving measures to make the industry more sustainable and competitive.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

When it comes to the increase in food prices, intermediaries come to mind, especially in fresh fruits and vegetables. Price increases in the process from farm to fork are mentioned. It is stated that the product that is bought cheaply from the manufacturer reaches the consumer more expensively. There is another dimension to the matter. The price increase in the products that go from the field to the factory and from there to the tables or export. Most of the materials, from the packaging to the label, from the tin can to the glass jar, in which the food product is placed, are imported either themselves or their raw materials. Due to imports, especially during the coronavirus pandemic, prices increased by 45 percent to 100 percent according to the product. In some of them, there was a 100 percent increase in foreign currency basis. Of course, the consumer pays the bill for this price increase. In the light of the information given by Cemil Gökçen, the Chairman of the Izmir Chamber ...

Source: TRdunyasi