Post-Earthquake Market Conditions, Livelihood Opportunities, and Food Security – Northwest Syria | March 2023 – Syrian Arab Republic

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• REACH data collected from February 14-16 indicates that markets in northwest Syria (NWS) appear to be resilient in the aftermath of the February 6 earthquake. Most of the communities assessed reported that stores were largely open; On average, stores that closed immediately after the disaster reopened several days later. However, this flexibility should not be assumed indefinitely, given the long-term financial pressures we face.

• Vendors reported a shortage in the market and an increase in the prices of key items that are in high demand after the earthquake. In particular, prices for shelter and winter supplies have nearly doubled across the NWS. The most common items facing shortages were also those most commonly reported to be imported from Turkey.

• Affordability of basic food and non-food items remains a challenge for families due to years of conflict and a deepening economic crisis. REACH data found an increase in demand for purchases on credit and access to financial services after the earthquake, something that could not be met by distressed sellers who themselves needed cash. This is within a broader context of economic instability and widespread poverty in the nuclear-weapon states.

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