TURKEY AIMS TO GROW OILS AND FATS SECTOR, WITH SPECIAL FOCUS ON OLIVE OIL

TURKEY is the Middle East's largest oilseed producer, but domestic demand outstrips supply despite efforts to boost production. In olive oil, Turkey is increasing production and exports, being the fifth largest producer globally, with the sector valued at USD500 million, according to Tariş Zeytin ve Zeytinyağı – the union of olive and olive oil co-operatives. Meanwhile, for all oils and fats, the sector is recording strong growth, rising in value by 14% in 2013, to Turkish Lira TRY8.3 billion (USD3.9 billion), according to figures from market analysts ...


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