THE GLOBAL WINDOW OF TURKISH FOOD AND AGRICULTURE The Global Window of Turkish Food and Agriculture Sector
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Press release…
Maintaining its leading position with a 31.2 percent share of Southeastern Anatolia’s total exports, the cereals, pulses, oilseeds and processed products sector achieved exports of 871.3 million dollars in the first quarter of the year. Stating that the developments in the Middle East are redefining energy and logistics balances and that the increasing risks in the Strait of Hormuz and uncertainties regarding energy supply security are strengthening Türkiye’s potential to become a logistics hub, Celal Kadooğlu, Chair of the Southeastern Anatolia Cereals, Pulses, Oilseeds and Products Exporters Association, said, “We are entering a period where buyers will act more cautiously and be price-focused.”
Celal Kadooğlu, Chair of the Southeastern Anatolia Cereals, Pulses, Oilseeds and Products Exporters Association, stated that the developments in the Middle East are redefining energy and logistics balances and that the increasing risks in the Strait of Hormuz and uncertainties regarding energy supply security are strengthening Türkiye’s potential to become a logistics hub.
“Iraq’s strategy of more actively using the Turkish route for its oil exports and the acceleration of projects like the Development Road present a strategic opportunity that can transform our country not only into a transit country but also into one of the centres of regional trade and energy flow. For geopolitical advantages to not be limited to short-term gains and to translate into long-term competitiveness, the trade infrastructure, financing and collection processes and operational flow at border crossings must be equally strong and predictable,” he said.
Pointing out that they expect the factors creating pressure on the exporters in global agricultural markets due to war-related reasons to continue for some time, he noted, “Given the strong production expectations in the Black Sea basin, we are entering a period where price-focused competition will further intensify. This situation particularly affects wheat flour, pasta and sunflower oil.”
“This will be even more decisive in essential products such as these. On the other hand, the spike in energy, fertilizer and logistics costs is reflected in production costs, directly affecting not only export prices but also the contract structure of trade, risk appetite, and market preferences. Therefore, the current period should be evaluated not only as a geopolitical upheaval but also as a multi-layered transformation process extending from pricing behaviour to supply chains, from competitive balances to production planning,” he added…
