The total seafood production in capture fisheries in Turkey has demonstrated considerable volatility over the past years. In 2023, seafood production stood at 330.62 thousand metric tons, showing a 9.58% increase from 2022. However, from 2021 to 2023, the trend was slightly negative with a CAGR of -0.057%. Notably, production peaked at 431.44 thousand metric tons in 2019, marking a dramatic 51.99% increase from the previous year. From 2022 to 2023, there was a year-on-year increase of 9.58%, following a slight 2.29% increase between 2021 and 2022.
Looking forward, projected data suggests a steady decline in seafood production, with a forecasted average annual decline (CAGR) of -0.98% between 2024 and 2028. By 2028, production is forecasted to be 310.93 thousand metric tons, reflecting a total decrease of 4.8% from 2023 levels.
Future trends to watch for include potential regulatory changes aimed at sustainable fishing practices, technological advancements in the fishing industry, and the impact of climate change on marine ecosystems. These factors could significantly influence production volumes and overall market dynamics.
