The production of primary solid biofuels in Turkey has seen a fluctuating trend from 2013 to 2023. Starting at 38.33 thousand gigawatthours in 2013, the volume consistently declined until 2018, reaching a low point of 19.83 thousand gigawatthours. From 2019 onwards, slight recoveries were observed but did not regain the early 2010s levels, standing at 24.93 thousand gigawatthours in 2023. The compound annual growth rate (CAGR) over the past five years is -2.67%, reflecting a continued downturn.
Key observations:
• The years 2018 and 2019 witnessed the most drastic year-on-year variations, with declines followed by recoveries.
• From 2020 to 2023, moderate positive and negative fluctuations were noted.
• Looking forward, the forecast suggests a continuous but moderate decline with a CAGR of -2.67% from 2023 to 2028.
Future trends to watch for:
• The policy shifts towards renewable energy and their potential effects on biofuel production.
• Technological innovations in biofuel production that could enhance efficiency and output.
• Economic or geopolitical factors which could impact the energy sector and biofuel industry in Turkey.
