Turkey: Now the season is more abundant, prices should have been cheaper

Published 2021년 8월 11일

Tridge summary

Turkey's fresh fruit and vegetable exports reached a record high of over three billion dollars in the last 12 months, with Russia, Germany, and Iraq being the primary importers. Despite the increased exports, local prices are rising due to fluctuations in the exchange rate and high production costs, which have increased by over 100% in the past year. This has led to concerns about the effect of exports on domestic prices and the high cost of living for citizens. Experts suggest that price stability can be achieved by developing production planning and policies to reduce costs.

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

Original content

Fresh fruit and vegetable exports exceeded three billion dollars for the first time in Turkey's history. However, the prices are not falling. Producer complains about costs, consumer complains about prices. So, is the producer turning to export because of the costs?'Due to the fluctuations in the exchange rate in Turkey, many products have been raised in many sectors. However, the increase in food, which is a basic need, draws a great reaction from the citizens. According to the figures of the Union of Chambers of Agriculture of Turkey (TZOB), price increases in 26 products in the market and 17 products in the producer in July; Nine products in the market and nine products in the manufacturer experienced a price decrease. The product with the highest price difference between the producer and the market was eggplant with 259 percent. According to TZOB figures; Eggplant costing 1 lira 22 cents at the producer, 4 lira 38 cents, 1 lira 40 cents cucumber 4 lira 43 cents, 1 lira 41 ...

Source: Sondakika