Forecast: Grapes Production at Farm Gate in Turkey

The grape production at farm gate in Turkey experienced significant fluctuations over the past decade. From 2013 to 2018, there was a notable decline, highlighted by an 18.83% year-on-year decrease in 2018. However, starting in 2019, the trend showed signs of stabilization and gradual recovery, marked by modest annual increases, culminating in a 2023 value of 1.67 billion Euros. Over the last two years, year-on-year changes were positive with 1.24% in 2022 and 1.21% in 2023. The compound annual growth rate (CAGR) for the past five years leading to 2023 was 4.43%.

Future trends from 2024 to 2028 forecast a continued, albeit moderate, upward trajectory with a CAGR of 0.9%. This points towards consistent yet modest growth in grape production value. Factors to watch include climatic conditions, technological advancements in farming, and market demand which can impact future production values.

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