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Showing posts with the label International Association of Operative Millers (IAOM) Eurasia

GÜNHAN ULUSOY: DEMAND FOR FLOUR INCREASES TREMENDOUSLY SINCE THE PANDEMIC

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Demand for flour in Europe has increased tremendously since the start of the novel coronavirus pandemic, said the director of the International Association of Operative Millers (IAOM) Eurasia. Following the rapid spread of COVID-19, demand has been high for flour and flour products such as pasta amid the panic, Eren Günhan Ulusoy told Anadolu Agency. While cafes and pubs have been closed to stem the spread of the virus, bakeries are doing brisk business and bread sales have increased, he said. Turkey's flour and flour products trade has not been affected by the virus so far, but the slowdown in the global economy and increased container costs will affect it in the future, Ulusoy, who is also head of the Turkish Flour Industrialists' Federation (TUSAF), highlighted. "The epidemic does not have a direct effect on food products under the current conditions. I do not expect a problem in wheat or flour production," he said. As the world's largest flour exporting count...

GÜNHAN ULUSOY: TURKISH FLOUR EXPORTS ROSE TO 1.05 MILLION DOLLARS

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Turkey's main flour exports reached their limits in 2019, with the potential for income from exports in the sector to be doubled through the selling of industrial flour products, such as biscuits and frozen dough, according to the director of the International Association of Operative Millers (IAOM) Eurasia, Last year, the country's flour exports rose to $1.05 billion from $1 billion in the previous year in terms of value, while exports dropped by around 50,000 tons to 3.3 million tons on a quantity-basis, Eren Günhan Ulusoy told Anadolu Agency (AA) Sunday. The country is the largest flour exporter and the second-largest pasta exporter in the world, said Ulusoy, who is also the head of the Turkish Flour Industrialists' Federation (TFIF). The price of flour per kilogram in exports reached $322 in 2019, from $304 in the previous year, he said. While there was a decrease in flour exports to Iraq – from 1.62 million tons to 1.36 million tons year-on-year in 2019 – Yemen and V...

GÜNHAN ULUSOY: TURKEY IS THE WORLD'S LARGEST FLOUR EXPORTER

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Turkey will close the year as the world’s largest flour exporter, said director of the International Association of Operative Millers (IAOM) Eurasia. Turkey is expected to reach 3.3 million tons of flour exports in 2019 and 3.5 million tons in 2020, Günhan Ulusoy, who is also the head of the Turkish Flour Industrialists Federation (TFIF), told Anadolu Agency. While Iraq’s share in Turkey’s overall flour exports was 50 percent in 2018, Ulusoy said, it dropped to 40 percent in the first 10 months of 2019. Despite this decline, Turkey’s flour exports are expected to reach 3.3 million tons at the end of the current year, which is the same level as the last year, he noted, and said the deficit was overcome with flour exports to Yemen. “With this figure, Turkey will close 2019 as the largest flour exporter in the world with its well-developed flour industry and wide export market,” Ulusoy said. The country is expected to reach around 3-3.5 million tons of flour export next year, he adde...