Tridge summary
The article reports on the significant growth in Turkey's spice exports in 2020, with a 15% increase reaching $201.735 million, led by thyme, laurel, and cumin. The USA was the top buyer, followed by Germany and China. Despite the pandemic's impact on the hospitality sector, increased grocery shopping offset the potential decline, and the industry is on track to grow by 20% in 2021. Turkey is a major global manufacturer of various spices, including being the world leader in Laurus nobilis (bay) and thyme.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
AA correspondent, according to data compiled from the Aegean Exporters' Association of Turkey, 2019 in Laurel, thyme, spices, where the export of products such as cumin earned 175 million 542 thousand dollars. The sector, which sells products to over 100 countries, especially the USA, increased its exports by 15 percent in 2020 to 201 million 735 thousand dollars. USA took the first place in the export of spices with 29 million 743 thousand dollars. This country was followed by Germany with 22 million 822 thousand dollars and China with 8 million 941 thousand dollars. In terms of product, thyme ranked first with 59 million 843 thousand dollars, followed by laurel with 44 million 586 thousand dollars and cumin with 11 million 427 thousand dollars. 20% increase is expected in 2021 Ege Furniture Paper and Forest Products Exporters' Association Board Member and spice exporter Latif Özbek said to the AA correspondent that the spice industry had a good year in both 2019 and 2020. ...
Source: Bursahakimiyet
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