Forecast: Total Value of Agricultural Production at Farm Gate in Turkey

The total value of agricultural production at farm gate in Turkey is forecasted to rise steadily from 2024 to 2028. Starting in 2024, the forecasted value is 490.47 billion New Turkish Liras, expected to increase to 645.04 billion New Turkish Liras by 2028. This represents an annual average growth rate (CAGR) of approximately 7.04%. In 2023, the actual value stood at 455 billion New Turkish Liras. The year-on-year variation from 2023 to 2024 is projected to be 7.79%, following through the subsequent years with 8.00%, 7.34%, 6.76%, and 6.24% respectively until 2028.

Future trends to watch for include potential impacts from global climate change, shifts in agricultural policy, fluctuations in input costs, advancements in agricultural technology, and changing trade dynamics that may affect production values.

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