Press release…
Aegean Olive and Olive Oil Exporters’ Association ((EZZIB) Chairperson Davut Er said that Türkite’s table olive exports surged from 172 million to 184 million dollars in the 2022/23 season with a 7 percent increase compared to the previous season.
Pointing out that the 2022/23 olive oil export season, which ended on 31 October, they exported to 118 countries, Er said, “Our total olive oil exports rose by 158 percent in quantity from 58 thousand tonnes to 150 thousand tonnes and by 259 percent in amount from 201 million dollars to 723 million dollars. Our total sector exports reached 947 million dollars and our sector gained a very important place in the world markets. In 2023, we aim to ramp up our exports, which are highly close to 1 billion dollars, to 2 billion dollars in the next 5 years.”
“To achieve this goal, we need to adopt not only existing traditional methods but also sustainable modern production techniques that are environmentally sensitive, energy efficient and in line with social responsibility principles,” he noted.
Limited impact of olive oil on food inflation…
Stating that the effect of olive oil on food inflation is also very limited, he added, “According to FAO data, while per capita vegetable oil consumption in our country is approximately 25 kg per year, but olive oil consumption is below 2 kg. The segment that prefers olive oil in our country is our consumers who generally have a certain level of income and live mainly in the regions where the product is produced. For this reason, it is seen that frequent restrictions, instead of controlling food inflation, negatively affect producers and sellers and further narrow the market.”