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“TGDF LOOKS TO 2023 WITH HOPE!”

Evaluating how 2022 was in terms of the Turkish food and beverage industry, Federation of Food and Drink Industry Associations of Türkiye (TGDF) President Demir Şarman listed his expectations for 2023.

In the statement published on the TGDF website and YouTube channel, Şarman stated that they were making their plans in the most efficient way as the industry was approaching the end of 2022 and that they were trying to look to 2023 with hope.

“As we come to the end of another year, we try to make our plans in the most efficient way, both in our business and as a country and look at the new year with hope and positive goals. The rapid changes and uncertainties that have shaped our industry in recent years have also shaped 2022. In addition to the increases in food commodity prices all over the world, the exchange rate hikes that we are exposed to have significantly ramped up our raw material prices and therefore our costs,” Şarman said.

“Disruptions in the world’s supply chains, energy and oil-based transportation cost hikes have caused serious increases in our production costs. As can be seen from the producer and consumer inflation figures in our country, these costs were not reflected on the shelves exactly. The Russian-Ukrainian war that broke out at the beginning of the year did not cause such a vital problem as envisaged in terms of foodstuffs and our exports. We hope that the rate of spike in food and beverage prices in 2022 will slow down in the first half of 2023,” he added.

“More attention should be paid to policies for actors in the agri-food chain”

“In the foreign market, the Turkish food and beverage industry maintained its position as one of the rare sectors with foreign trade surplus. According to the TGDF Digital Data Panel, which we created using TUIK foreign trade data, we made 17 billion dollars of imports against 20.2 billion dollars of exports as the agriculture, food and beverage sector in the first 10 months of this year. The decline in the foreign trade surplus shows that the agricultural products we grow are only becoming self-sufficient. It is necessary to pay more attention to policies for all actors in the agricultural food chain in order to both slow down the price rise in the country and escalate our foreign trade income,” he concluded…

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