The barley feed market in Turkey has seen gradual changes over the past decade. In 2023, the barley feed market stood at 5.85 million metric tons, marking a 0.57% year-on-year growth. Over the last five years leading to 2023, the compound annual growth rate (CAGR) was 0.4%. Notable variations include a significant 17.77% rise in 2015 followed by a 17.87% drop in 2016. Subsequent years have shown more moderate fluctuations, generally maintaining positive growth.
Future forecast up to 2028 predicts continued gradual growth, with a 5-year CAGR of 0.41% and an overall growth rate of 2.09%. This indicates a stable, though modest, increase in the market volume.
Future trends to watch for:
- Impact of climate change on barley production.
- Technological advancements in feed production.
- Government policies regarding agricultural imports and exports.
- Shifts in domestic livestock farming practices.
