The production in the mining and quarrying sector in Turkey is projected to witness substantial growth from 2024 to 2028. Starting from a base value of 622.56 billion New Turkish Liras in 2024, it is expected to increase annually, reaching 1243.4 billion by 2028. This indicates a robust compound annual growth rate (CAGR) over the five-year period. Notably, the year-on-year growth rate is particularly strong, showing a marked increase from 2024 to 2025 and continuing consistently each year thereafter. In comparison to 2023, the forecasted values reflect a significant upward trend in production volumes.
Future trends to watch for include technological advancements in mining operations, sustainability practices, and potential fluctuations in global demand and prices for mining outputs. Monitoring regulatory changes and geopolitical factors will also be crucial as these can impact production capabilities and export potential.
