From 2013 to 2023, Turkey's total aquaculture production displayed a general upward trend with noticeable fluctuations. The value stood at 1477.3 trillion US dollars in 2023. The most significant annual increase was 18.73% in 2021, with a drastic decrease of 17.15% in 2020. The five-year CAGR leading to 2023 was 5.6%.
Forecasted data from 2024 to 2028 indicates a continued growth trajectory albeit at a slower pace, with a predicted five-year CAGR of 2.47%, culminating in a 12.97% growth rate by 2028.
Future trends to watch for include potential shifts in consumer demand, technological advancements in aquaculture, regulatory changes, and environmental impacts that could influence the production dynamics in the industry.
