Publication: Turkish Cypriot Economy: Identifying and Analyzing Priority Agri-Food Value Chains
Date
2022-03
ISSN
Published
2022-03
Author(s)
World Bank Group
Abstract
Cyprus joined the European Union (EU)
in 2004 as a de-facto divided island. The agriculture sector
is an important driver for the Turkish Cypriot (TC) economy.
The sector has significant linkages to other economic
sectors, such as food processing and tourism. Manufacturing,
which includes agri-food processing, produces predominantly
dairy products and therefore relies heavily on domestic milk
production. Agriculture also performs important social
protection functions by providing income-generating
activities for the rural population, thereby improving
household consumption, food security, and the accumulation
of durable assets. Improving agri-food value chain linkages
can increase farm incomes, improve sustainability, and
support the agriculture sector’s contribution to the
economy. An analysis of value chains will help to identify
business-to-business relationships that connect the chain,
methods for increasing efficiency and profitability, and
ways to enable businesses to increase productivity and add
value. The report consists of three sections: a macro
analysis focusing on competitiveness and comparative
advantage analysis, a value chain analysis of the TCc
halloumi/hellim subsector, and a value chain analysis of the
TCc carob subsector. The latter two sections contain
specific recommendations and actions to strengthen value
chain competitiveness.
Citation
“World Bank Group. 2022. Turkish Cypriot Economy: Identifying and Analyzing Priority Agri-Food Value Chains. © World Bank, Washington, DC. http://hdl.handle.net/10986/38085 License: CC BY 3.0 IGO.”