Troubles in Europe offer opportunities for Turkish agriculture sector
Turkiye
Published Sep 21, 2022
Tridge summary
The looming energy crisis in Europe and the war in Ukraine that hampers production in the continent offer huge opportunities for Turkish agriculture products exporters, according to people from the industry. There have been reports suggesting that farmers in Europe stop production and greenhouses are closing.
Original content
But at a time when farmers in the continent are struggling with those challenges, producers in Türkiye, which is not experiencing an energy crisis, enjoy a rather stable situation, which give local agricultural companies advantages in the European market. The question however is whether Türkiye will be able to maintain this position once trade returns to normal after the war is over and what should be done to consolidate the market power. “Germany has been hit particularly hard. Agriculture production in the Netherlands, Spain and Belgium has declined around 30 to 40 percent. Given this picture, supermarket chains in Europe are turning to Türkiye to secure supplies,” said Mirbey Adam, who has been exporting fruit and vegetables to Germany over the past 40 years, noting that deals have been signed with those supermarkets. “Türkiye now has a huge opportunity. If we can take advantage of the situation properly this winter, we can easily increase our revenues from fruit and vegetable ...
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