The tow waste hemp yield in Turkey has experienced fluctuations over the past decade. From 2013 to 2015, the yield remained constant. In 2016, there was a notable decrease of 9.52%, which was followed by a recovery in 2017 with a 10.52% increase. However, subsequent years saw minor annual variations without significant changes until 2019 when the yield started to decline again, with notable drops in 2020 and 2022. As of 2023, the yield was 9.69 thousand hectograms per hectare, having declined slightly over the past two years. The five-year CAGR leading up to 2023 was -0.63%, indicating a slow declining trend.
Despite minor variances in previous years, the forecast for 2024 and beyond predicts a continuous slow decline, with a five-year forecasted CAGR of -0.09%. However, this decline is not sharp, projecting a gradual reduction in yield.
Future trends to watch for include:
- Technological advancements in hemp cultivation that could potentially improve yield efficiency.
- Sustainable agricultural practices that may stabilize or increase future yields.
- Market demand and regulatory changes impacting hemp production and resource allocation.
