The forecast for Turkey's cotton supply shows steady growth from 10.69 million units in 2024 to 11.11 million units in 2028, indicating an ongoing positive trend. Comparing the data from year to year, the variations are consistently incremental, exhibiting a stable increase every year. The compound annual growth rate (CAGR) from 2024 to 2028 is moderate, reflecting a stable upward trend in cotton supply.
Future Trends to Watch for:
- Climate Change: Potential impacts on agricultural productivity and supply stability.
- Technological Advancements: Innovations in farming and cultivation techniques may influence future yields.
- Global Market Dynamics: Changes in global demand and cotton prices could affect Turkey's cotton industry.
- Government Policies: Regulatory changes and agricultural subsidies may steer the supply trends over the coming years.