In Turkey, onion will make the consumer laugh in the second half

Published 2023년 1월 5일

Tridge summary

The price of dried onions in Turkey saw a dramatic increase of 315 percent in 2023, as reported by the Union of Chambers of Agriculture of Turkey (TZOB). This surge in pricing is attributed to a decrease in production due to increased costs of inputs and a supply shortage. However, it is anticipated that prices will stabilize in the latter half of the year, driven by high yields. The price hike was part of a broader trend in 2022, where the costs of all 42 products monitored by TZOB increased.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The price of dried onions increased by 315 percent in one year. The abandonment of production due to inputs was effective in the increase. From the second half of 2023, prices are expected to decrease with high yields. In 2022, price increases in agricultural products were quite striking. The highest increase occurred in onions. Making a statement the previous day, the Chairman of the Union of Chambers of Agriculture of Turkey (TZOB), Şemsi Bayraktar, noted that price increases were detected in all 42 products followed in the market last year, and that the product with the highest price increase was onion, both in the market and in the producer. Bayraktar pointed out that the price of dry onions in the market increased by 314.6 percent. Pointing out that the most important factor in the increase in producer prices in 2022 is the increased production costs, Şemsi Bayraktar emphasized that there was an increase of 100 to 400 percent in inputs, and stated that the decrease in the ...
Source: Gidatarim

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