The domestic processed output of organic fertilizer in Turkey in 2023 stood at 38.95 million metric tons. Over the years, the output has shown a consistent upward trend, with notable year-on-year variations. For instance, from 2021 to 2022, the output increased by 4.09%, while from 2022 to 2023 it grew by 3.65%. Analyzing the Compound Annual Growth Rate (CAGR) over the last five years, it averaged 5.14%, indicating a healthy growth trajectory in this sector.
Looking ahead, the forecast indicates continued growth with an expected average annual increase of 2.43% over the next five years, leading to a projected total growth rate of 12.73% by 2028. This positive outlook suggests that Turkey's organic fertilizer market will maintain its development momentum, driven by increasing demand for sustainable agricultural practices.
Future trends to watch for include advancements in organic fertilizer technology, government policies promoting sustainable farming, and shifts in market demand towards organic produce. Additionally, monitoring global market conditions and environmental regulations will be crucial for anticipating further changes in this sector.
