One in every four packages bears the signature of Turkish producers, says Minister Yumaklı

Published 2024년 9월 24일

Tridge summary

Turkey is a global leader in flour and pasta exports, with a projected 23% share of the flour market by 2023, making it the largest contributor to the world's flour supply. The country's milling sector, which includes about 600 flour factories and is operated by generations of millers, has seen a 40% increase in trade volume over the past five years, reaching $60 billion in 2023. Despite challenges such as economic instability and wars, the sector's exports surpassed $2 billion in 2022 and are expected to achieve higher figures by 2024. Turkey's annual flour production capacity is around 32 million tons, but the actual production is lower, with a utilization rate of 45-50%. The Minister of Agriculture and Forestry, İbrahim Yumaklı, emphasized the need to improve sector infrastructure and highlighted the resilience and competitiveness of the Turkish milling industry.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Minister of Agriculture and Forestry İbrahim Yumaklı stated that Turkey ranks first in flour exports and second in pasta exports in the world, and said, "As of 2023, Turkey's share in the world flour market will be 23 percent. This shows that one in every four flour packages in the world includes the labor of Turkish producers." The "3rd IAOM Eurasia Conference and Exhibition" organized by the International Association of Flour Industrialists and Grain Producers (IAOM) Eurasia Regional Presidency and among the important meetings of the world grain sector has started in Baku, the capital of Azerbaijan. Yumaklı expressed his pleasure to be in Azerbaijan at the opening of the event organized with the motto of "Sustainable Food Security in a Changing Climate". Stating that they are going through a period when the world is evolving in different directions, Yumaklı said that they are in an environment where global economic uncertainties and geopolitical tensions, as well as ...
Source: Haber7

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