The coffee market in Turkey has shown significant fluctuations over the last decade. From 2014 to 2019, the market saw notable growth, particularly in 2015 with a substantial year-on-year increase of 36.11%. By 2023, the market volume stood at 70.0 thousand metric tons, reflecting a modest 2.94% year-on-year growth. Over the last five years, the average CAGR was 2.46%, indicating a consistent, albeit moderate, upward trend.
Future trends to watch for in the Turkish coffee market include the anticipated CAGR of 2.1% from 2024 to 2028. This period is expected to see a cumulative growth rate of 10.97%, suggesting a steadily increasing demand. Innovations in coffee products, shifts in consumer preferences towards specialty brews, and the impact of economic factors on purchasing power are critical aspects to monitor.
