The production in the retail sale in non-specialized stores sector in Turkey has shown a steady increase from 2013 to 2023, reaching a value of 78.42 Billion New Turkish Liras in 2023. The year-on-year variation from 2022 to 2023 was 9.9%, indicating a slowdown compared to the high growth rates observed in earlier years. Over the last five years, the compound annual growth rate (CAGR) averaged 13.8%, showcasing robust growth but with a decreasing trend.
Looking ahead, the forecasted data from 2024 to 2028 indicates a more moderate growth pattern, with a five-year CAGR of 5.37%. Future trends to watch for include potential impacts from economic fluctuations, changes in consumer behavior, and technological advancements in retail operations.
