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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 2 sources · 20 days · First seen · Last updated
Turkey dried onion market turmoil
Overview
In mid‑July 2026 the Turkish government reduced the import duty on dried onions to 5 % until the end of August, aiming to ease domestic prices. Within weeks, however, vendors reported a sharp price increase, with dry onion costs climbing to 80‑90 lira per band. Sellers attributed the surge to a smaller planting area, heavy winter rains that damaged crops, higher fuel prices for transport, and the fact that imported onions are priced in foreign currency, limiting any downward pressure. A report from the Istanbul Chamber of Commerce confirmed that both chain stores and market stalls were charging similar high prices. The episode shows that the duty cut and earlier export restrictions failed to stabilise the market amid climate‑related harvest losses.
Entities
Timeline
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17 days ago
[BUSINESS] 2 sourcesTurkey dry onion prices jump to 80 lira as harvests shrinkTurkey’s dry onion price has surged to 80‑90 lira due to reduced planting, weather damage, high transport costs and policy swings, affecting consumers nationwide.
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about 1 month ago
[BUSINESS] 9 sourcesTurkey cuts dried‑onion import duty to 5% until Aug 31, 2026Turkey temporarily lowers dried‑onion import duty to 5% until 31 Aug 2026 to ensure supply and price stability, with the rate returning to 49.5% on 1 Sept 2026.
Sources
cumhuriyet.com.tr · trademarkblock.com