THE FAVORITE MARKET OF FLOURS THE MIDDLE EAST AND AFRICA

THE FAVORITE MARKET OF FLOURS THE MIDDLE EAST AND AFRICA

• 28.06.2018

Pointing out that Turkey has been the world's flour export champion for the last 6 years, Ulusoy said, "Turkey Flour Industry, with a size of 18 billion TL, realizes 30 percent of the world's flour trade of 11.6 million tons. In other words, 1 of every 3 kg of flour traded in the world. In terms of revenue generated, there is an increase from $47 million to $1.1 billion in terms of revenue.As a sector, our biggest market is Iraq, where we realize more than half of our total flour export. , Angola and Somalia followed. As flour industrialists who have exported flour to 160 countries to date, we are trying to deepen the existing markets for bakery products rather than searching for new markets." used the phrases.

Ulusoy Un, which realized 5 percent of the flour export from Turkey in 2017, set an export target of 50 million dollars for this year. Eren Günhan Ulusoy, President of the Board of Ulusoy Un, stating that more than 90 percent of the 3.5 million tons of flour exported from Turkey last year was shipped to the Middle East and African countries, said, “These two regions will again be our most important export market for the flour sector in the coming period.” said.

Ulusoy noted that in line with their targets this year, they plan to expand their trade in existing markets and increase their product range for bakery products, which are starting to become a trend in different parts of the world. “We aim to increase our volume and market share especially in Africa and Far East regions where we are active. More than 90 percent of the 3.5 million tons of flour exported to the Middle East and African countries, which are the favorite markets of the flour industry sector, was shipped to these two regions in 2017, as it has been in recent years.” he said.

This article was published in World Newspaper on 26.06.2018.