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Turkey's olive exports up 11%, generate over $142M this season

by Daily Sabah with AA

ISTANBUL Oct 11, 2019 - 12:24 am GMT+3
Around 56% of olive exports in the 2018-2019 season went to 22 EU countries.
Around 56% of olive exports in the 2018-2019 season went to 22 EU countries.
by Daily Sabah with AA Oct 11, 2019 12:24 am

Turkey's table olive exports in the 2018-2019 season soared by 11% to $142 million, compared to the previous season, according to the Turkish Exporters' Assembly (TİM).

Turkey sold 91,000 tons of table olives, worth $142.1 million, to more than 100 countries from Oct. 1, 2018, the start of the export season, to Sept. 30, 2019.

Turkey had exported olives worth $127 million in the previous period. This season's olive exports increased by 11% compared to the previous season, while the rate of increase based on quantity was 34%.

EU countries bought more than half of Turkey's table olives in the remaining season. About $80 million of olive exports worth $142 million, around 56%, was carried out to 22 EU countries.

The largest amount of olive went to Germany valued at $35 million, followed by Iraq at $25 million and Romania at $20 million.

Speaking to Anadolu Agency (AA), Akhisar Chamber of Commerce Chairman Alper Alhat said they are the largest table olive producer in Turkey with more than 14 million olive trees.

He said they account for 35% of Turkey's black olive production and 70% of green olive production.

"Yield in Akhisar is slightly lower than in other regions. Nevertheless, we have had the best quality olives in the last decade," Alhat said.

He added that they are increasing exports of table olive every year. "The main issue is quality," he said and stressed the need to turn to packaged Turkish products.

Alhat said he believes that the support premium provided to table olives will help the producers and exporters. "The state will increase its premium support of TL 0.15 per kilogram, which may seem low, once they see manufacturers and exporters putting it to good use. We have experienced in olive oil exports. The premium support of TL 0.7 has now become TL 0.8. We believe the support for olives will increase too."

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