Turkiye: Olive prices drop in Mut district of Mersin

Published 2024년 11월 30일

Tridge summary

In Mersin's Mut district, which contributes 20% to Turkey's olive and olive oil production, a significant harvest of 200 thousand tons of olives and 13 thousand tons of olive oil is anticipated from 15 million trees over 300 thousand decares. This abundant yield has led to a decrease in olive oil prices from 200-250 TL to 160 TL per year, benefiting consumers but causing frustration among producers. Despite the lower prices, producer İsmail Şahin expresses dissatisfaction with the profit margins and suggests that the current prices undervalue the labor involved in the production.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the Mut district of Mersin, where 20 percent of Turkey's olive and olive oil production is met, a 200 thousand tons of olive and 13 thousand tons of olive oil harvest is expected from 15 million trees on an area of 300 thousand decares due to the productive season. With the increase in yield, the price of olive oil, which varied between 200 and 250 TL last year, has decreased to 160 TL this year. In the Mut district, after table apricots, one of the important export products, high-quality olive oil, has decreased purchasing prices due to the high yield this year. Despite the increasing yield, the decrease in purchasing prices experienced in Mut olives and olive oil, which are zero acid and high quality, was not welcomed positively by producers, but provided an advantage for consumers. The price of olive oil, which was sold for 200-250 TL last year, has decreased to 160 TL. Mut Chamber of Agriculture President Muharrem Yılmaz, who mentioned that olive and olive oil prices have ...
Source: Sondakika

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.