The olive production forecast for Turkey from 2024 to 2028 indicates a slight decreasing trend. In 2023, production stood at 1.5625 million metric tons. The year-on-year variations are as follows:
- 2023-2024: 0.11% decrease
- 2024-2025: 0.12% decrease
- 2025-2026: 0.12% decrease
- 2026-2027: 0.11% decrease
- 2027-2028: 0.11% decrease
Reviewing the period from 2023 to 2028, the Compound Annual Growth Rate (CAGR) reflects a 0.12% annual decline. The forecast magnitude shows a consistent, albeit slight, reduction in yearly production volumes.
Future trends to watch include potential shifts in climate patterns, changes in agricultural practices, and economic factors that could impact production levels. Additionally, advancements in agricultural technology and international trade policies may play a significant role in shaping future olive production in Turkey.
