Türkiye prepares to recover foreign olive oil markets

Olimerca.- After three months of closing borders to exports of olive oil from Turkey, on November 1, departures are expected to normalize, which will undoubtedly not only help the Turkish export market recover, but also It will help normalize prices in the domestic market, which had fallen in recent months. The ban has only applied to sales of olive oil in containers larger than 16 kilograms and does not include exports of higher value individually packaged olive oil. However, the ban has sparked opposition from local producers. According to the specialized publication Olive Oil Times, the ban is already costing Turkish producers their export markets. As olive oil prices rise, European buyers are urgently looking for alternative suppliers, including Albania, Chile and Tunisia. It ...