Turkey limits poultry exports - GAIN
Export restrictions imposed due to increasing pricesTurkey's Ministry of Commerce has limited chicken meat exports, including whole chicken and its cuts, to a maximum of 10,000 metric tons (MT) per month from May 1-December 31, 2024, and 80,000 MT in total by the end of the year, according to a recent US Department of Agriculture (USDA) Global Agricultural Information Network (GAIN) report.
Turkey produces 2.4 million metric tons (MMT) of chicken meat annually, and exports one-third of that.
Export restrictions were imposed due to increasing prices in the domestic market.
May inflation in Turkey was 3.37% and annual inflation was 75.45%, the highest in the last 18 months.
The rising star of inflation is poultry meat, with an increase of 107% within one year.