In 2023, Turkey's cottonseed production stood at an actual value of 1.609 million metric tons. From 2024 onwards, forecasted data shows a steady increase: 1.6305 million in 2024, 1.6516 million in 2025, 1.6722 million in 2026, 1.6925 million in 2027, and 1.7124 million in 2028. The variations in percentage year-on-year over the last two years are:
- 2024: +1.34%
- 2025: +1.29%
- 2026: +1.25%
- 2027: +1.21%
- 2028: +1.18%
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is estimated at around 1.25% per year. This gradual increase indicates positive momentum in cottonseed production.
Future trends to watch for include advances in agricultural technology, potential impacts of climate change, government agricultural policies, and shifts in global demand for cotton products. These factors will be critical in influencing Turkey's cottonseed production landscape.
