In 2023, Turkey's cottonseed distribution stood at 1.29 million metric tons. The forecasted data from 2024 to 2028 show a steady annual increase in volume, with values rising gradually from 1.3 million metric tons in 2024 to 1.34 million metric tons in 2028. This represents a year-on-year growth rate of approximately 0.77%.
[Variation Analysis]
- Year-on-Year Growth (2024-2025): 0.77%
- Year-on-Year Growth (2025-2026): 0.76%
- Year-on-Year Growth (2026-2027): 0.76%
- Year-on-Year Growth (2027-2028): 0.75%
- Compound Annual Growth Rate (CAGR) over the last 5 years (2024-2028): 0.76%
Future trends to watch for include the impact of agricultural policies, advancements in cottonseed processing technologies, and shifts in global cottonseed demand, which may influence distribution volumes in Turkey in the coming years.
