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Local Onions Run Out; Imported Products Will Be Consumed Until August

Aydınlık
Local Onions Run Out; Imported Products Will Be Consumed Until August
Photo: aydinlik.com.tr

Key Points

  • Dry onion customs duty was reduced to 5 percent to encourage imports.
  • SODER Chairman announced that local onion production has ended due to losses.
  • Producers have been forced to sell onions below cost since 2018.
  • Imported onions will be consumed until the winter local crop is available.

By the Numbers

5 percent customs dutyLosses since 201813 lira cost6 lira selling price

With the reduction of the customs duty on dry onions to 5 percent, Turkey will have to consume imported onions until August. SODER Chairman Reşit Kaya announced that local onion production has completely stopped due to losses.

Kaya stated that producers were forced to sell onions below their cost in past years and have been continuously suffering losses since 2018. Due to the ongoing losses, producers withdrew from production and the local onion supply was exhausted.

Authorities state that there will be a reliance on imports until the winter local onion harvest is made. Industry representatives point out that unless the producers' losses are prevented, this problem will continue to repeat itself.

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Frequently Asked Questions

Why was the customs duty on dry onions reduced?
The customs duty was reduced to 5 percent to facilitate imports in order to meet demand due to the exhaustion of local onions.
When will local onions re-enter the market in Turkey?
According to industry representatives, local products will not be available on the market until the new winter onion harvest is made; that is, until August.
Why did producers withdraw from onion production?
Producers were forced to withdraw from production because they have been continuously suffering losses since at least 2018 from selling their products at cost price.

This is an AI-generated summary. The full story lives at the source.

Read the full story at the sourceaydinlik.com.tr

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