The distance to sugar, the main ingredient of life, is increasing day by day. The production of white crystalline sugar, whose raw material is sugar beet, has reached a very serious level. Most of the sugar produced in Turkey is produced by TÜRKŞEKER. Due to Covid-19, which entered our lives in 2020, the number of companies importing sugar decreased. The main reason for this was the sack price of sugar, which was increasing all over the world. Since 135% customs duty is imposed on sugar in our country, companies that import sugar have a great difficulty in importing products into Turkey. Brazil is a very serious producer of sugar, but sugar importers can no longer buy products from Brazil. The price of white powder refined crystal sugar produced in Brazil is between 250-350 dollars. There has been a serious decrease in sugar imports due to customs duty, transportation costs and all other expenses.
We do not want to go without saying that the number of companies importing sugar from Turkey has increased. In the last quarter of 2021, the sugar stock in the world started to run out and production started to decrease. For this reason, the demand for table sugar from Turkey, especially in Asia, the Middle East and Europe, started to increase. Due to the increase in exports, decrease in production and other supplier problems, the price of sugar in the country also increased. There is no increase in sugar prices in Turkey, but many markets and institutions have put a quota on sugar purchases. You can buy white granulated sugar in limited quantities from sugar factories, markets and cooperatives belonging to public institutions.
Sugar Export-Import Firms Can’t Keep Up With The Demands!
There are food problems in our country as well as in the world. Companies exporting sugar are making agreements for Turkey from many countries, but prices are increasing despite this. Supply-demand balance is not achieved not only in sugar but also in basic necessities such as sunflower oil and flour. Sugar production companies cannot produce because they have problems with raw materials. Farmers could not plant because of the coronavirus, because even the seed producing companies had a regression. Sugar exporters export by obtaining preliminary permission, but due to the exchange rate, many entrepreneurs choose to export to a foreign country instead of entering the market in Turkey.
As domestic producers earn more money from the foreign market, they started to make new investments in exports. In April, 30 million dollars of sugar exports were made in Turkey. With the increase in sugar beet production, exports of Powdered Sugar, Sugar, Brazilian Sugar, icumsa45, Icumsa, icumsa 80, icumsa sugar, Sugar from Brazil, Sugar to Germany, Sugar to England and Sugar to Arab Countries will also gain momentum. Let me tell you that the price of the main living materials in white color will increase in the 2021-2022 period. In other words, the prices of flour, sugar, milk, cheese and salt will increase as demand cannot be met.
Sugar Export To Europe Countries
While the number of companies exporting sugar in Turkey is constantly increasing, new factories are being established. According to media reports, Kayseri Sugar Factory sold sugar to the United Kingdom. The company, which got permission to sell 59 thousand tons of sugar and filled all its quota, wants to get permission to sell more and increase its exports. Those who want to export Sugar to Iraq, Sugar to Africa, Sugar Powder, Sugar to France, Sugar to Italy, Sugar to Spain, Sugar to Cyprus, Sugar to Russia, Sugar to Greece, Sugar to America We ask him to contact GloballyPort.com. You can write to us to mediate sugar.
