Ready-to-eat food manufacturers in Turkey are unable to meet their increasing costs

Published 2021년 11월 29일

Tridge summary

The ready-to-eat food industry in Turkey is facing significant challenges due to the pandemic, global food price increases, additional packaging costs, oil price hikes, and fluctuations in exchange rates. These issues have led to the need for price updates and changes in fixed price agreements. The industry has had to increase hygiene and sanitation measures, which have added to their costs. Additionally, the industry is experiencing difficulties in finding qualified personnel and is concerned about raw material supply shortages. The discovery of the Omicron variant in South Africa has raised global concerns and added to the industry's worries.

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

Original content

Due to the pandemic, the excessive increase in food prices all over the world, the emergence of additional costs in packaging and the increase in oil prices, as well as the fluctuations in exchange rates in Turkey are putting a lot of pressure on ready-to-eat food industrialists. Bursa Food Industrialists' Association (BUYSAD) members pointed out the problems they experienced and said that they had to update their prices again and reduce their fixed price agreements to three or four months, and shorten their collection period. BUYSAD Vice President Erkan Erk said that the Covig19 pandemic, which emerged in the last quarter of 2019, caused great difficulties in the ready-to-eat food industry, as it did in many other sectors. Emphasizing that businesses operating in the ready-to-eat food industry meticulously comply with the hygiene and sanitation rules due to their nature, Erkan Erk said, "The pandemic has caused radical changes in our lives. As ready-made food industrialists, we ...

Source: Sondakika