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Fruit juice sector eyes $1 bln exports

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ISTANBUL

Fruit juice sector eyes $1 bln exports

Türkiye’s fruit juice producers have voiced optimism that the trade is effectively positioned to virtually double its export revenues to $1 billion, in line with folks from the sector.

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“Greater than 45 factories function within the native fruit juice sector throughout the nation. Exports exhibited a rise of 13 % on an annual foundation within the first eight months of 2022. The sector continues to develop,” mentioned Ozan Diren, board chair of the Turkish Fruit Juice Trade Affiliation (MEYED), talking on the eleventh version of the Juiceful Istanbul Summit.

The trade, which expands 25 % every year, exports merchandise to greater than 200 locations, he added.

“With proper agricultural insurance policies in place, we’re assured that revenues from fruit juice exports may simply climb to $1 billion,” Diren mentioned.

Inputs used within the manufacturing of fruit juice, packaging, applied sciences and R&D are all domestically produced and developed in Türkiye, he added.

Per capita fruit juice consumption is world wide common, which is 11 liters, in line with Diren.

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“The sector’s exports will in all probability exceed $450 million this 12 months. We intention to extend the export revenues to $1 billion,” mentioned İlkey Güney, member of MEYED board and CEO of Limkon Gıda.

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