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Cereal exports reach 2.1 billion dollars in the first 2 months…

Press release…

The total exports of the cereals, pulses, oil seeds and products sector, which covers basic food products such as biscuits and cakes, wheat flour, vegetable oils, sugary and cocoa products and pasta, totalled 2.1 billion dollars at the end of the first two months of the year.

The sector, which ramped up its exports by 38.4 per cent on quantity basis compared to the same period of the previous year, increased its export revenues by 15.5 percent and increased its share in Türkiye’s plant product exports to 48.2 percent.

In February, when monthly cereal exports reached 1.05 billion dollars, the share of Istanbul and Gaziantep provinces exceeded 51 percent on the basis of provinces. Biscuit-pasta, wheat flour, sugar and sugar products, where export increase rates reached double digits, were the products exported the most in this period.

“We achieved a hike of 15.5 percent in the global recession environment”

Stating that the 15.5 percent hike in exports in an environment where the economic recession in the world negatively affected many sectors, Ahmet Tiryakioğlu, Chairman of the Turkish Exporters’ Assembly (TIM) Cereals, Pulses, Oil Seeds and Products Sector Board, once again demonstrated the strategic importance of basic food products, said, “At the end of a year in which we experienced records in cereal production worldwide, we are experiencing a significant decline in global prices. We see that the heavy stocks built at the beginning of the Ukraine-Russia conflict also put pressure on prices. In such periods of intense competition on the supply side, it is only through the trust and loyalty of our customers that we can achieve the kind of export growth that we have achieved.”

“Last month, we carried out promotional activities in Dubai with our exporter associations under the umbrella of Turkish Food Exporters and this month we are expanding to the Far East with our activities in Japan,” he added…

About İsmail Uğural

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