In 2023, Turkey's fish farming production stood at 571.95 thousand metric tons. The forecasted data shows a notable increase in production from 618.86 thousand metric tons in 2024 to 808.32 thousand metric tons by 2028. The year-on-year growth rate is projected to be as follows:
• 2024 to 2025: 7.77%
• 2025 to 2026: 7.13%
• 2026 to 2027: 6.59%
• 2027 to 2028: 6.12%
The compound annual growth rate (CAGR) over the five-year period (2024-2028) is approximately 6.91%.
Future trends to watch for in Turkey’s fish farming industry include technological advancements in aquaculture, increasing investments, and evolving consumer preferences towards sustainable and locally sourced seafood. Policy changes and international trade agreements could also play vital roles in shaping the industry’s production and market dynamics.
