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Turkey has a young population of 84 million people fueling consumption of consumer-oriented agricultural products. The country is in a Customs Union with the EU and is the 20th largest economy in the world and the 7th largest agricultural producer.
In MY 2021/22, the orange yield is forecast to increase 40 percent to 1.82 million metric tons (MMT) due to favorable rainy weather conditions in March and April 2021. The input costs for items such as fertilizer, fuel, and pesticides are still considered too high while farm gate prices are too low to compensate for the high production costs.
During the past decade, Turkey has emerged as a major exporter of agricultural products, both to the Middle East and other markets.
The production of all citrus fruit increased in marketing year (MY) 2013. Exports increased in MY 2013 because of the high production and favorable prices.
Turkish soybean area and production for market year (MY) 2014 are about 35,000 hectares and 130,000 metric tons (MT).
Lifestyle changes due to urbanization and the increase in income levels have affected the consumption patterns of Turkish consumers towards processed and ready-to-eat products.
Turkish soybean area and production for market year (MY) 2014 are about 35,000 hectares and 130,000 metric tons (MT).
Fueled by increasing disposable income levels and a strong consumer demand, the Turkish retail sector grew 3.7% in 2013 and reached US$ 311 billion.
The Turkish Grain Board (TMO) invited local and international traders to participate in a tender, which was held on October 18, 2014. TMO intends to import 40,000 MT of paddy rice.