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Upward trend in the price of olives

Turkey
Thursday 04 April 2013

FJ

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The decline in production in the Mediterranean raises prices, which increased by 40% in Turkey

The decreased production of olives in the Mediterranean countries - and particularly in Spain - will bring benefits to producers in Turkey, according to the Chamber of Agriculture of Aydin, an important area for the production of olives near Izmir.

 

Turkish producers rejoice, because the season had started badly. The prices were so low, below the cost of production, that they had decided not to pick olives. But the price has gone up significantly, almost 40% at the moment, and this increase is expected to continue and even to rise in the coming months.
It should be noted that in the last five years the Turkish producers of olives and olive oil have gone through a difficult period.


 

Source: yeniasir com tr

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