Forecast: Primary Oilseeds Production in Turkey

The production of primary oilseeds in Turkey has shown a steady increase from 2013 to 2023, starting at 1.3606 million metric tons in 2013 and reaching 1.7235 million metric tons in 2023. This demonstrates an overall positive trend, with notable year-on-year increases in most years, especially significant in 2017 and 2021. Between 2021 and 2023, the year-on-year growth rates have moderated to around 1.82%, reflecting a stabilization in production growth.

Looking ahead, forecasts indicate a continued upward trend in oilseed production, with projections reaching 1.8844 million metric tons by 2028. The compound annual growth rate (CAGR) for the next five years is expected to be around 1.41%, with an overall growth rate of 7.23% from 2023 to 2028.

Future trends to watch for include:

  • Technological advancements in agricultural practices
  • Government policies and subsidies impacting the agricultural sector
  • Climate change effects on crop yields and production capabilities
  • Global oilseed market demand and price fluctuations

Top Countries about Oilseeds