Forecast: Wine Production in Turkey

Analysis of the wine production in Turkey reveals significant variability over the past decade. In 2013, production stood at 31.38 thousand metric tons, and it notably increased by 42.47% in 2014 to 44.71 thousand metric tons. The trend continued upward in 2015 with a 25.3% increase, reaching 56.02 thousand metric tons, but 2016 saw a dramatic decline of -29.66%. This downward trend continued through 2017 with a further -36.9% drop.

In 2018, there was a brief resurgence in production, increasing by 22.73%, but the following years demonstrated instability. By 2023, production stabilized around 29.45 thousand metric tons, with year-on-year declines of -0.73% in both 2022 and 2023. The overall compound annual growth rate (CAGR) for production was -0.7% over the past five years up to 2023.

Forecasted data from 2024 to 2028 suggest a slight continual decline, with the CAGR projected to be -0.62%, reaching 28.33 thousand metric tons by 2028. This indicates modest declines in production, with an overall 3.04% decrease over the forecasted period.

Future trends to watch for include potential impacts of climate change on vineyard yields, shifts in global wine demand, regulatory changes, and technological advancements in wine production that could influence productivity and efficiency.

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