Davut Er, head of Olive Oil Exporters Union, said Turkey can’t compete in the foreign market with prices that were around TRY14 (USD4.78) per litre, compared to TRY8-9 in Spain, TRY6 in Egypt and TRY9 in Greece at the beginning of this season.
Turkey’s olive oil exports declined substantially to 7,000 tonnes last season compared with as much as 92,000 in 2012/13, according to the country’s Olive Oil Exporters Union. Source: Agranet.com
