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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Turkish companies dominate the edible oil market in Iraq and the expectations of the survival of its

    Rocky
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    • Post n°1

    Turkish companies dominate the edible oil market in Iraq and the expectations of the survival of its Empty Turkish companies dominate the edible oil market in Iraq and the expectations of the survival of its

    Post by Rocky Sat Oct 15, 2016 5:08 am

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    Turkish companies dominate the edible oil market in Iraq and the expectations of the survival of its dominance until 2025


    Author: AT, HAA 
    Editor: the AT 
    14.10.2016 17:48 
    Number of Views: 2017


     
     
    Long-Presse / Baghdad
     Revealed an American institution, competent market research, Friday, for the dominance of foreign companies on the edible oil market in Iraq, most of them Turkish, and noted that its sales exceeded 1.3 billion dollars in 2015, covered about 90% of the needs of the Iraqi market, as expected keep control of the market until 2025.
    The US Transparency, market research, "Transparency Market Research", in a survey of the trade of food and butter oil in the Iraqi market, published and followed up (range Press), said that "there are players presidents dominate the trade in the Iraqi market, mostly Turkish companies which both Marsan company well San Anadolu Group Inc. and a group of companies Altonkaya sunset with Yildiz Holding and residence Ihsanoglu ve Ticaret Limited, "adding that" those companies covered about 90% of the needs of the market during the year 2015 ".
    She said the study, said that "there are some successful strategies adopted by these companies in business investment in Iraq in order to strengthen its control over the trade of edible oil market in most of Iraq's provinces, including the capital Baghdad," indicating that "among these strategies is the joint investment projects and expand trade scale as well as investment in research and technological development in the oil industry with the acquisition of the production's reputation and distribution expansion. "
    The study, that "the total sales of these companies during the year 2015 reached 1.3 billion dollars," anticipating that the proportion of sales doubling to $ 2.3 billion by 2025, an annual growth rate of consumption of up to 6.0%, "
    The study predicts that "overall rating for the annual rate of growth of this trade in Iraq stops at 3.3% for the period from 2016 to 2025, is also likely to reach the olive oil trade growth rate at 7.7% for the period from 2010 to 2025".
    The study, to be "the capital of Baghdad was the highest percentage of edible oil consumption in the Iraqi market rate, where the share of consumption of edible oil during the year 2015 up to 22.4% of all the other provinces, predicted the continuity of corporate dominance on the market for the time period extended until 2025 with ".
    And it predicted the US research institution, that "the shift gets to trade edible oil market in Iraq over the coming years, while encouraging the Iraqi government and its support for local companies to produce edible oil, and through the promotion of local production capacity with the support of the government," noting that "the Iraqi Ministry of Trade focused recently on the need to reduce dependence on imports and at the same time encouraging local producers to meet the growing needs of the domestic market of edible oil. "

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