In 2023, the domestic extraction of oilseeds in Turkey stood at 6.22 million metric tons. Forecasted data indicates a consistent year-on-year increase in oilseeds extraction: 6.32 million metric tons in 2024, 6.43 million metric tons in 2025, 6.54 million metric tons in 2026, 6.65 million metric tons in 2027, and 6.75 million metric tons in 2028.
Year-on-year percentage variations:
- 2024: 1.61%
- 2025: 1.74%
- 2026: 1.71%
- 2027: 1.68%
- 2028: 1.50%
The compound annual growth rate (CAGR) from 2023 to 2028 is approximately 1.66%, indicating a steady and healthy growth trend in oilseeds domestic extraction in Turkey.
Future trends to watch for include the impact of global oilseed market dynamics, domestic agricultural policies, technological advancements in cultivation, and climate change on oilseeds productivity and extraction rates. Monitoring these factors will be crucial in predicting long-term trends and potentials in the sector.
