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Kadri Gündeş: Our average export price in olive exports soared from 1.84 to 2.70 dollars

Press release…

Turkish olives appreciated 46 percent in dollar terms…

M. Kadri Gündeş, Vice President of the Aegean Olive and Olive Oil Exporters’ Association (EZZİB), announced that 97 percent of Türkiye’s 210 million dollars table olive exports in the 2023/24 season were packaged exports.

Kadri Gündeş

Underlining that the average export price in olive exports soared from 1.84 to 2.70 dollars with an increase of 46 percent compared to the 2022/23 season. Gündeş said, “Despite the 22 percent decrease in table olive exports in terms of quantity from 100 thousand tonnes to 78 thousand tonnes, the 46 percent increase in the average export price in table olive exports on a dollar basis lies at the basis of the increase in foreign exchange earnings.”

Gündeş emphasized that as the olive sector, they expect a yield that will reach world leadership in the 2024/25 season, similar to the 2022/23 season, and noted, “We aim to exceed 100 thousand tonnes in table olive exports and to exceed 250 million dollars in foreign exchange earnings.”

Europe, Middle East and America dominated exports…

Pointing out that Türkiye exported 162.5 million dollars worth of table black olives to 121 countries in the 2023/24 season, while exporting 90 million dollars worth of black olives to European countries, Gündeş added, “Our second largest market in black olives was Middle Eastern countries with 34 million dollars. The American continent followed the European and Middle Eastern countries with 12.5 million dollars. Germany remained at the top with 41.5 million dollars worth of black olives, while Iraq consumed 29 million dollars worth of Turkish olives.”

About İsmail Uğural

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