Turkiye: Sugar Semi-annual
9th October 2023
The Turkish government increased the MY 2023/24 sugar production quota by nearly 6 percent year-over-year to 3.0 million metric tons (MMT) to accommodate for growing consumption.
Beet sugar accounts for about 97 percent of the quota and the remainder is starch-based sugar made from corn. For MY 2023/24, beet sugar production is expected to reach 3.05 MMT. Imports are forecast at 400,000 metric tons (MT), nearly all of which will be used in making confectionary products for export.
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