Analysis of the forecast for Chemical and Fertiliser Minerals Domestic Extraction in Turkey indicates a steady increase from 2024 to 2028, with values rising from 22.94 Million Metric Tons in 2024 to 24.83 Million Metric Tons in 2028. In 2023, the extraction stood at 22.47 Million Metric Tons, reflecting a gradual growth trend.
Year-on-year variation:- 2024: 2.09%- 2025: 2.10%- 2026: 2.05%- 2027: 1.97%- 2028: 1.89%- CAGR (2023-2028): Approximately 2.02%
The upward trend suggests a consistent demand for chemical and fertiliser minerals. Future trends to watch for include advancements in extraction technologies, government policies affecting production, and global market demand for fertilisers, which could influence domestic extraction volumes in Turkey.