Home / Agricultural Economy / Agribusiness / Türkiye’s seed sector aims to enter top 5 worldwide!

Türkiye’s seed sector aims to enter top 5 worldwide!

Turkish seed business’ foreign trade surplus continues since 2018, as country’s seed industry set to jump from 11th to among top 5 by 2030, says sector representative…

ANKARA

Türkiye aims to elevate its seed sector from the 11th rank to the top five in the global seed industry in the next decade, a sector representative told Anadolu Agency.

Hacı Ömer Güler, chairman of the Turkish Seed Growers Association (TÜRKTOB), said Asia is just as likely as the EU to grow in the seed market.

Güler said the association worked hard to increase seed exports, noting that Türkiye’s seed sector ran a foreign trade surplus since 2018.

Türkiye’s foreign trade surplus in the sector was 117 percent in seeds, 550 percent in seedlings, 169 percent in ornamental plants and 134 percent overall since 2018, Güler said.

He noted Türkiye’s seed sector exports reached nearly 490 million dollars and its imports totalled 364 million dollars.

Güler said the global seed market is worth 70 billion dollars, which is expected to rise to over 100 billion dollars by 2030. “Our goal is to put Türkiye among the top five in the next 10 years,” he vowed.

“We’re working to maintain and expand our current markets, as well as to engage in commercial activities in growing regions like Asia,” he noted, adding that most Turkish seed sector exports go to the EU, Russia, and the Economic Cooperation Organization (ECO) countries.

He mentioned that increasing product diversity, opening up new markets, building global brand value, focusing on promotional activities, improving seed quality and preventing unregistered seed production are among the key goals to maintain the positive outlook.

“Turkish public deems the country’s seed sector as dependent on foreign countries or forced to import, which harms the Turkish agricultural sector,” he underlined.

“While we import the special seeds we need, we also export much more—every year our high-value-added seed exports boost, but the success of the industry is overshadowed by this perception,” he added.

About İsmail Uğural

Check Also

Celal Kadooğlu: The developments in the Middle East are redefining energy and logistics balances

Press release… Maintaining its leading position with a 31.2 percent share of Southeastern Anatolia’s total …

Leave a Reply

Your email address will not be published. Required fields are marked *