The cottonseed processing volume in Turkey has shown variability over the years, reaching 1.21 million metric tons in 2023. Over the last two years, the year-on-year variation was 1.09%. From 2014 to 2023, the volume grew at a compound annual growth rate (CAGR) of 0.44%. Notable year-on-year variations include a 9.43% increase in 2015, a 10.57% decline in 2016, and a significant 12.27% rise in 2018.
Future trends indicate a steady increase with a forecasted volume of 1.27 million metric tons by 2028, representing an average annual growth rate of 0.79% over the next five years. Key trends to watch include advancements in processing technology, fluctuating global cotton prices, and changes in domestic agriculture policies impacting cottonseed production.
