In 2023, the turnover in the Seafood Processing Sector in Turkey stood at 17.75 Billion New Turkish Liras. The forecasted turnover from 2024 to 2028 shows a consistent upward trend, starting at 19.67 Billion New Turkish Liras in 2024 and reaching 28.03 Billion New Turkish Liras by 2028. This growth reflects a steady increase in value over the years. The year-on-year variation percentage indicates positive growth, e.g., an increase of 11.1% from 2024 to 2025, 9.7% from 2025 to 2026, 8.6% from 2026 to 2027, and 7.6% from 2027 to 2028. The compound annual growth rate (CAGR) from 2023 to 2028 is approximately 9.6%.
Future trends to watch for include advancements in processing technologies, sustainability initiatives, and potential market expansion both domestically and internationally. Additionally, consumer demand for healthy and high-quality seafood products is expected to drive further growth within the sector.
