Tridge summary
Turkish agricultural producers are expected to harvest approximately 2 million tons of sunflower seeds by the end of the 2022/23 season, a 400 thousand ton increase from the previous year, according to consulting agency Sunseedman. Despite this increase in domestic production, Turkey's sunflower seed purchases from abroad are projected to double, reaching 750 thousand tons, while imports of sunflower oil are expected to decrease to 805 thousand tons from 1 million tons due to the high domestic production of sunflower seeds. Additionally, sunflower oil exports from Turkey could see a 34% increase, reaching 650 thousand tons.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Turkish agricultural producers can harvest about 2 million tons of sunflower seeds at the end of the 2022/23 season. This forecast was published by analysts of the consulting agency Sunseedman. If the estimates of experts reach the expected level, then the gross seed harvest in the country will increase by 400 thousand tons compared to the level of 2021/22 MY. At the same time, experts also expect that in the current season Turkey will almost double its purchases of sunflower seeds abroad – from 475 thousand tons (2021/22 MY) to 750 thousand tons. However, in the reporting period, Sunseedman expects a decline in imports of sunflower oil to the country – up to 805 thousand tons against 1 million tons a season ...
Source: UkrAgroConsult
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