Turkey, which has 33 sugar factories, imported 550 thousand tons of sugar

Published 2023년 1월 6일

Tridge summary

Turkey has started importing sugar after a 24-year hiatus, bringing in a total of 552 thousand tons in 11 months due to failed privatization and sugar sales policies, and a collapse in its agricultural policy. Despite having 33 factories for beet processing, the country imported 400 thousand tons of sugar for domestic use, but it is unclear how much of the 550 thousand tons was sold in the market. The lack of oversight has allowed certain circles to make profits, and the heavy importation has disrupted the supply-demand balance, leading to a sugar crisis where domestic sugar is unsold and retail prices have risen to 21 liras per kilogram.

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

Original content

According to the news of Sadettin Inan from Milli Gazete, Turkey started to import sugar after 24 years due to the wrong privatization policy and wrong sugar sales policy, while importing sugar despite 33 sugar factories revealed that the AKP's agricultural policy had completely collapsed. According to TUIK Foreign Trade data, Turkey imported a total of 552 thousand tons of sugar in the 11 months of 2022. Turkey's sugar imports within the scope of DIR vary between 150 thousand and 200 thousand tons on average over the years, while it is thought that 350 thousand tons of the 552 thousand tons of sugar imported in the 11 months of 2022 were put on the market. TURKEY HAS EVEN IMPORTED SUGAR SOLD AT THE groceries! While Turkey is one of the few countries in the world in beet production, the produced beet is processed into sugar in 33 factories. In our country, there are 15 sugar factories owned by the state, 12 owned by the private sector and 6 owned by beet cooperatives. The fact ...

Source: TRHaber