Finance

Press release… Şemsi Bayraktar: Prices are increasing, imitation and adulteration in olive oil does not end! Pointing out that olive oil is one of the most counterfeited and adulterated foods, TZOB President Şemsi Bayraktar said, “Increasing prices spike the number of counterfeit and adulterated products in the market. Imitation and …

Press release… “WE NEED 60 MILLION ANIMAL SKINS EVERY YEAR” EYUP SEVİMLI, CHAIRMAN OF THE BOARD OF DIRECTORS OF THE AEGEAN REGION LEATHER INDUSTRIALISTS ASSOCIATION (EGEDERIDER) AND IZMIR FREE ZONE (IZBAŞ): “WE NEED QUALITY RAW MATERIALS AND HIGH PRODUCTION CAPACITIES IN ORDER NOT TO LOSE OUR EXPORT MARKETS.” “ALTHOUGH WE …

Press release… Aegean Exporters’ Associations (EIB), a pioneer in sustainability, organised a sectoral trade delegation organisation specific to the food products sector within the scope of the “Sustainable Exports in Food Sectors Development of International Competitiveness Project” on 6 – 9 November 2023 in London, the capital of England, with …

Istanbul Chamber of Industry brought together food suppliers from 40 countries with Turkish companies. A total of 3,500 bilateral meetings were held with 65 domestic and over 80 foreign companies in the organisation, which brought together Türkiye’s most prestigious food producers with the world’s largest supermarket chains and major food …

Press release… Eskinazi: Food products, of which we are the leader in world production and exports, were introduced in the UK Food exporters held nearly 100 business meetings in London… Reaching an export figure of more than 7 billion dollars, Aegean food exporters are endeavouring to boost their sustainability competencies …

Press release… Aegean Exporters’ Associations (EIB) brought together Trade Counsellors who served in 9 different target countries with companies on 22 November in order to inform them about the methods of entering target markets and to have a direct idea about the business culture and foreign trade legislation in the …

Citrus farming stuck between unsold produce, rising costs… ADANA…Turkish citrus farmers and consumers find themselves trapped in a dilemma as the prices of fruits skyrocket from the orchard to the counter due to a complex web of factors, including labour costs, transportation and market dynamics. Burak Karabucak Burak Karabucak, the …

The agricultural input price index soared by 2.6 percent monthly in September, slowing from the 6.9 percent rise recorded in August. Consequently, the year-on-year increase in the input prices eased from 41.3 percent to 40.97 percent, according to the data from Turkish Statistical Institute (TÜİK). The input prices have risen 33 percent since December 2022. …

Minister of Agriculture and Forestry İbrahim Yumaklı stated that they aim to ramp up the export of fishery products to 2 billion dollars by the end of the year and said, “Turkish fishermen catch approximately 1 million tonnes of fish in international waters and oceans, which is at least 3 …

Press release… Sebahattin Arslantürk, Vice Chairman of Eastern Black Sea Exporters’ Association (DKİB) Hazelnut and Hazelnut Products Sector Committee, stated that the continuation of the demand contraction caused by inflationary pressures in export markets and the cautious behaviour of buyers in their orders slowed down the rate of increase in …