厦门同永兴进出口有限公司 XIAMEN TOPUSING IMP.AND EXP.CO.,LTD. Ufuk Deniz TASCIOGLU Director

With more than 15 years experience of activity, now Topusing &Eastwaychem become one of the most efficient and reliable fertilizers and plant growth regulators manufacturers and suppliers. Our products have been exporting to over 80 countries; we select superior raw materials, manufactured according to the top standards. Topusing not only provides customers with high quality combination products but also the expert knowledge, as well as the best service at any time. 厦门同永兴进出口有限公司 XIAMEN TOPUSING IMP.AND EXP.CO.,LTD. Single Soluble Fertilizers Soluble NPK Fertilizers Liquid Fertilizers Micronutrients Organic Fertilizers Compound NPK Fertilizers Plant Growth Regulators Pesticides

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Recent Developments in the Turkish Fertilizer Sector The Turkish fertilizer sector posted a strong growth in 2012 and grew by 13%, while reaching 5.3mn tons of consumption. Despite the jump in consumption, domestic production declined slightly to 3.6mn tons in 2012 from 3.7mn tons in We expect fertilizer consumption to contract by 2% in 2013 and decline to 5.2mn tons on front loaded demand in We think declining prices especially in urea and ammonia in 4Q12, pulled domestic demand forward. Despite the strong fertilizer consumption growth in 2012, we maintain our cautious view on Turkish fertilizers. Turkey’s annual fertilizer consumption is at around 5mn tons in growth periods and we see limited room for growth due to the agriculture sector’s inherent structural problems. Average fertilizer consumption per hectare in Turkey stands at 90-95kg and we set our mid-term per hectare consumption to 105kg, which is nearly 5.5mn tons. The Turkish agriculture sector suffers from certain structural problems, such as the low purchasing power of farmers, rising fertilizer prices, the need for land reform and inadequate information on soil fertility. Hence, we believe that due to these endemic structural problems, total domestic demand will be limited in the coming years. 厦门同永兴进出口有限公司 XIAMEN TOPUSING IMP.AND EXP.CO.,LTD. annual average of fertilizer usage 116 kg per one hectar ***Turkish agricultural sector must use min. 7 mn tons to arrive World average usage quantity

On the other hand, Turkey cannot source its fertilizer need from domestic production and imports mn tons of fertilizers per year. Turkey also lacks raw material resources like natural gas, phosphate rock and potassium salts required to produce compound fertilizers. In that sense, Turkey will continue to import raw materials in the coming years. Despite decreasing compound fertilizer imports, raw material imports will continue… On the margin front, Turkish companies have lower margins compared to their peers due to their non/semi integrated production structure. Turkish fertilizer companies have also been facing raw material price fluctuations, currency and inventory risks, which cause volatility in the margins. 厦门同永兴进出口有限公司 XIAMEN TOPUSING IMP.AND EXP.CO.,LTD.

6 AGRICULTURE IN MEDITERRANEAN REGION YearRegionProvincesTotal Area(decare)Sown area (decare)Fallow area(decare) Vegetable gardens area(decare) *greenhouses included Fruit gardens area (decare) 2010MediterraneanAdana Antalya Burdur Hatay Isparta Mersin Kahramanmaraş Osmaniye Agricultural land by provinces TOTAL AREA: ,042 decare 厦门同永兴进出口有限公司 XIAMEN TOPUSING IMP.AND EXP.CO.,LTD.

7 AGRICULTURE IN MEDITERRANEAN REGION 1-Greenhouses and types greenhouse production typescrops total production (ton/year) greenhouse (glass) (tomato, cucumber, eggplant,pepper types and etc.)1,222,000 greenhouse (plastic) (tomato, cucumber, eggplant,pepper types and etc.)2,150,000 Low plastic tunnel (water mellon, mellon, squash,tomato and etc.)845,000 High plastic tunnel (domates, eggplant, squash,pepper and etc.)290,000 TOTAL: 4.507,000 tons 厦门同永兴进出口有限公司 XIAMEN TOPUSING IMP.AND EXP.CO.,LTD.

8 AGRICULTURE IN MEDITERRANEAN REGION 2-Open-field farming 厦门同永兴进出口有限公司 XIAMEN TOPUSING IMP.AND EXP.CO.,LTD.

AGRICULTURE REGIONAL SALES MANAGER / UFUK DENIZ TASCIOGLU 9 CONCLUSIONS Increase of the professional companies. Increase of modern and technological production areas (greenhouses- especially soilles cultures ). Increase of mechanisation in agriculture. Increase of bank credits in agriculture. Suitable climate conditions modern transport network leads to Agricultural development of the region. Productivity increases from per unit Export in agricultural production and exportation will increase day by day. Mediterranean region will keep its primary place about agriculture in Turkey (especially in greenhouses). 厦门同永兴进出口有限公司 XIAMEN TOPUSING IMP.AND EXP.CO.,LTD.