Forecast: Wheat Consumption at Farm Gate in Turkey

The wheat consumption at farm gate in Turkey stood at 20.03 million metric tons in 2023. The year-on-year variation from 2022 to 2023 showed a modest increase of 0.69%. The overall trend from 2013 to 2023 indicated a fluctuating pattern with significant increases in years such as 2016 and moderate growth in recent years. The Compound Annual Growth Rate (CAGR) over the last five years was 0.96%, indicating a steady but slow increase in wheat consumption.

Looking ahead, forecasts suggest that wheat consumption will continue to rise gradually, reaching 20.7 million metric tons by 2028. The forecasted 5-year CAGR is 0.52%, demonstrating a subtle but steady growth trajectory with a forecasted 5-year growth rate of 2.63% by 2028.

Future trends to watch for include potential impacts of climate change on wheat production, shifts in domestic agricultural policies, and global market trends affecting wheat prices. Additionally, any advancements in agricultural technology and changes in consumer dietary preferences could significantly influence future wheat consumption patterns in Turkey.

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