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Türkiye eyes new export high of 4M+ tons of flour in 2024

Türkiye eyes new export high of 4M+ tons of flour in 2024
By Fatima Rehman
Mar 21, 2024 1:59 PM

With 322,000 tons of exports this February, Türkiye achieves a 60% increase in exports on a quantity basis compared to last February, says IAOM head

 After a record 3.66 million tons in flour exports in 2023, Türkiye aims to top four million tons this year, the head of the International Association of Operative Millers (IAOM) said Thursday.

Eren Gunhan Ulusoy said Turkish flour producers export products to 164 countries.

Türkiye’s flour exports jumped 60% in February after a rise of 22% in January, the group said.

Türkiye has been the world’s largest flour exporter for nine years.

Some 90% of the world population consumes Turkish flour, Ulusoy added.

Türkiye earned $1.5 billion from flour exports last year.

He noted that 2023 was a good year for exports, and Türkiye got a fast start in 2024, adding: “This January, with 344,000 tons of exports, we boosted our exports 22% compared to the previous January.

“With 322,000 tons of exports this February, we achieved a 60% increase in exports on a quantity basis compared to last February.”

In 2024, the sector aims to export over 4 million tons of flour, he underlined.

He also highlighted that Türkiye’s flour exports rose 11-fold over the last two decades, including pasta rising 30-fold, bulgur 15-fold, semolina fivefold, and cookies fourfold.

He added Türkiye is expected to produce 22-23 million tons of wheat this year.

Source: AA

Last Updated:  May 28, 2024 6:06 PM