Turkey: The goal for truffles is $ 1 billion

Published 2021년 5월 16일

Tridge summary

The article highlights the significant financial impact and the challenges of truffle farming, with a focus on the Turkish market. It explains that the price of truffles ranges widely due to their limited natural distribution and decreasing production, despite increasing global demand. In 2020, Turkey's truffle trade reached approximately 220 million lira, supporting nearly 400 families. The General Directorate of Forestry in Turkey has initiated the Truffle Forest Action Plan to expand truffle collection, targeting regions like Kahramanmaraş, Adana, and Istanbul. The plan aims to increase truffle exports, contributing to a projected global trade volume of 6 billion dollars in the next decade.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Karacabey stated that the price of truffles varies between 100 and 750 Euros depending on the quality of truffles due to their natural distribution in a very limited geography and due to the small amount of collection, and that the continuous decrease in production causes the prices to increase even more despite the increasing demand for truffles in the world. Explaining that the production of truffle in Turkey is 60 tons, Karacabey said: "As of 2020, the commercial volume of around 60 tons of truffles in different types collected from nature by 400 truffle hunters in Turkey reached approximately 220 million lira. Nearly 400 families make a living with truffles. Truffles, which are very valuable economically, grow in a limited amount in a narrow geographical area in the world. On the other hand, the increasing demand worldwide cannot be met. 6 BILLION DOLLARS IN 10 YEARS According to the estimates of the economists, the truffle will reach an annual trade volume of 6 billion ...

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.