From 2014 to 2023, wheat demand in Turkey experienced moderate fluctuations, with notable peaks in 2015 and a gradual decline starting in 2018. As of 2023, the demand stood at 19.19 million metric tons. Year-on-year variations have shown a decreasing trend with a -0.33% change from 2022 to 2023. Over the last five years, the average annual decrease in demand (CAGR) was -0.28%.
The forecast indicates that this declining trend will continue through 2028, with the demand projected to drop to 18.85 million metric tons. The forecasted five-year CAGR is -0.28%, indicating a consistent but not dramatic decrease in demand.
Future trends to watch for include potential impacts of climate change on wheat production, changes in agricultural policies, and shifts in consumer preferences that may further influence wheat demand in Turkey.
