Turkish traders expect over $3B turnover during Eid-al-Fitr holidays

The Turkish traders community anticipates a turnover exceeding ₺120 billion ($3.16 billion) during the upcoming Ramadan Bayram, also known as Eid al-Fitr, as consumer activity is expected to surge—particularly in the food and clothing sectors, according to the president of the Turkish tradespeople and Artisans Confederation (TESK), Bendevi Palandoken.

Speaking to Anadolu Agency, Palandoken emphasized that holidays are crucial periods for local businesses, noting that shopping activity typically intensifies due to family visits and holiday travel plans.

“During these times, we observe increased demand across many sectors,” he said. “There’s a noticeable rise in purchases of dairy products, meat, eggs, legumes, dates, fruits and vegetables, pastirma, sweets, confections, and nuts. In recent days, we’ve seen heightened activity from bakeries to markets, and from butchers to corner stores.”

‘No price hike beyond inflation’

Palandoken also pointed out that the tradition of purchasing new clothing for the holiday remains strong, contributing to a significant uptick in the ready-to-wear and footwear sectors.

He added that holiday visits will also drive sales of confectionery items, chocolates, and coffee.

Hayati Akbaba, head of the Ankara Apparel Manufacturers Association (AGSD), echoed these expectations, stating, “The holidays are when tradespeople make the most sales. We expect a spike in purchases this week. Due to seasonal transitions, both summer and winter items will be sold together.”

Akbaba also noted that product prices in the new season are not expected to increase beyond the inflation rate.

“We anticipate a growing sales momentum throughout the week,” he said. “This holiday, consumers will be able to dress at much more affordable prices.”