Search DubaiPRNetwork.com

Home >> Food Industry

Turkey's olive oil exports to the UAE rise by 79%

Thursday, June 21, 2018/ Editor -  

Share

Home >> Food Industry
  • In 2017, Turkey’s olive oil exports reached 53,627 tons, equivalent to USD 207,881,000.
  • Turkey aims to increase olive product exports to USD 3.8 billion by 2023.
Dubai, 21 June 2018:  Turkish Exporters Assembly revealed that its olive and olive oil product exports to the UAE are growing at a rapid pace. In 2018, Turkey’s UAE olive and olive oil exports grew from USD 1,607,260 to USD 2,870,800 signifying a growth of 79%. 
 
Olive oil represents the country’s fastest growing food exports sector. A majority of the olives produced in Turkey are pressed for oil, with only one-fourth of the production reserved for table olives.
 
Over the last three decades, olive oil production in Turkey, especially in Izmir, has grown immensely. The estimated volume of olive oil production for the year of 2016-2017 reached 177,000 tons and is projected to increase to 287,000 tons for the year of 2017-2018. In 2017, Turkey’s olive oil exports reached 53,627 tons, which represents an export value of USD 207,881,000. 
 
Turkey is the second largest olive cultivator in the world and is also among the top five countries in olive oil production. Turkey strives to become the world leader in olive product exports with its objective to increase the export category to USD 3.8 billion by 2023. To achieve this, it aims to produce 1.2 million tons of olives and 650 thousand tons of olive oil. 
 
Mehmet Buyukeksi, Chairman of TİM said: “Turkey has continuously proven itself to be an excellent source of quality olive oil. With our ideal cultivation conditions and technological advancements in the production and processing sectors, we are proud to be one of the world’s top suppliers of olive oil. We will continue to focus on this in the years ahead, making Turkish olive oil exports the healthiest and most cost-effective in the world.”
 
Turkish olive oil is characterized by its diversity, as well as by the rich heritage and genetic origin of olive trees in the country. With nearly 90 different types of olive trees, Turkish olive growers and olive oil producers are able to offer a wide range of products and can adapt their offerings to a large variety of consumer preferences. 

Previous in Food Industry

Next in Food Industry


Home >> Food Industry Section

Latest Press Release

Ministry of Infrastructure Development and Masdar agree to promote sustainable p ...

Dubai Health Authority holds summer training program for Emirati students.

Official Sponsor of the 2018 FIFA World Cup Russia™, Hisense, gets the game on t ...

Food Listing: Go Light with Organic & Real.com Munchies

United Arab Bank Announces Financial Results for H1 2018

Sharjah continues to become more affordable, with rents and sales prices falling ...

What's happening at Nakheel Malls during DSS (Ibn Battuta Mall & Dragon Mart)

Samsung Brings Its Signature Infinity Design Philosophy to the All-New Galaxy J8

Launch of Goon Brand - Japan

Susie Wolff: Formula E doesn't need F1 drivers

Al Naboodah Group Enterprises announces new contracts worth over AED 750 million

Emirates Post Group issues commemorative stamp celebrating 34 years of UAE-China ...

ENOC Group supports Smart Stores EXPO

Al Tayer Motors Enters Fast Vehicle Servicing Business

Dubai Islamic Bank and Emirates Skywards soar to new heights launching co-brande ...

Martin Retains Top 10 in General Classification as Late Puncture Hampers Stage 1 ...

Mubadala illuminates IPIC Square and Abu Dhabi Global Market

Ericsson, Telstra and Intel achieve first end-to-end multi-vendor 5G commercial ...

Etisalat iconic buildings light up in red to celebrate Special Olympics' 50th an ...

Dubai Culture Participates in ‘UAE China Week 2018'