KoTeMoRe wrote:Mustafa wrote:KoTeMoRe wrote:Mustafa wrote:KoTeMoRe wrote:Militarov wrote:Oguzhanoz wrote:I heared about the Russian economic limitations for Turkey.
Can anyone make an analysis ?
I think Russia has the cards of Tourists and Gas. Vegetables and construction works can be replaceable.
What do you think about it ?
Tourist can go to dozen of other destinations, Greece, Montenegro, Croatia, Italy, Romania, Bulgaria, Crimea.. those with deeper pockets Morocco, UAE, Singapore, Cuba, South America...
Construction workers from almost whole globe work in Russia, most notably China, Uzbekistan, Serbia, replacing those is not much of an issue.
Vegetables and fruits..well...Greece is now allowed to export to Russia, it should be just fine.
Morocco, was criticized for its seal to replace Turkey on Russian market.
Turkish Olive oil producers going to get hammered.
You aren´t an expert in olive oil i guess. The harvest in last and this year was very bad. Prices are extremly high, because very high demand in italy. If you buy it or italy takes it are totally irrelevant.
High demand in Italy? Do you understand that Italy has had issues because they have problems with extra-virgin oil and oil volumes. This touches volumes, (Turkish export volumes about 35K tonnes, Tunisia 130K-projected 170 Tonnes). Italy exports are roughly 69K tonnes down from 112K tonnes. Mister expert, take a seat, beacause your market shares in Russia are going down. Also prices are not going up, because the discout chains like Lidl and Aldi are killing the prices.
So you have "bad harvest" and "rationning".
Dude you don´t understand the market. Most of the shit send to russia was punched with cheap sunflower oil, because most russians don´t know the difference and your checks are bad anyways so nobody noticed.
Its harder to sell such stuff in europe so we have to send it pure there, because they know the difference. Thats the only aspect.
Pure there? Turkish primary market for olive oil, isn't Europe...it's Saudi Arabia, UAE and Japan. Even Germany buys more oil from Greece than Turkey. Also, just so you know, the Turks 5% of the shares aren't coming back.
Given that Spain and Italy provide about 84% of Russia's olive oil consumption (and Greece 9%) you can try something else troll.
greece doesn´t produce own oil. It has not one plant for this. It sends its olives to italy for making oil out of it. Italy is world leading producer of oil. It buys olves from greece, spain, turkey and then sells it as italian oil. Their own production doesn´t even reach enough to fulfill their own demand.
But you are just a northern barbarian. What do you know about olives. You only eat kraut and potato.