Turkey: The 5-year target of Aegean Olive and Olive Oil Exporters is 1 billion dollars

Published 2022년 2월 22일

Tridge summary

The Aegean Olive and Olive Oil Exporters' Association (EZZİB) aims to reach 1 billion dollars in exports in the next 5 years. In the 2020/2021 season, olive exports increased by 5% to 88 thousand tons, generating 150 million dollars. The main markets for olive oil were the USA, Spain, Japan, Iran, and Saudi Arabia, with total exports reaching 294 million dollars. EZZİB is calling for continued support for the sector and changes to EU quota policies and UK customs duties to increase exports. A reduction in VAT on olive and olive oil in Turkey is expected to boost domestic consumption.

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Original content

The 5-year target of Aegean Olive and Olive Oil Exporters is 1 billion dollars İZMİR - Aegean Olive and Olive Oil Exporters' Association (EZZİB) has set its 5-year export target as 1 billion dollars. EZZİB President Davut Er stated that they want the support for olive and olive oil to continue and said that the EU quota should be increased and initiatives should be made about the UK market. Aegean Olive and Olive Oil Exporters' Association (EZZİB) met with members of the press to explain the 2021 evaluation and 2022 targets. At the meeting, EZZİB President Davut Er said that in the 2020/2021 table olive export season, exports increased by 5 percent to 88 thousand tons, and the amount obtained reached 150 million dollars with an increase of 3 percent. Davut Er stated that 114 million dollars of this amount is black olives and 36 million dollars is green olives. The target is 1 billion dollars in 5 years Davut Er stated that Germany, Iraq, Romania, the USA and Bulgaria stand out in ...

Source: Sondakika