The forecasted olive oil market size volume per capita in Turkey indicates a consistent decrease from 1.04 kilograms in 2024 to 0.79 kilograms in 2028. The 2023 level stood at 1.11 kilograms per capita. Year-on-year variations show a decline of approximately 6.73% from 2024 to 2025, 6.19% from 2025 to 2026, 6.59% from 2026 to 2027, and 7.06% from 2027 to 2028. The compound annual growth rate (CAGR) over a five-year period is approximately -6.32%, reflecting a continuous downward trend in per capita olive oil consumption.
Future trends to watch for include potential shifts in consumer preferences towards alternative oils, changes in olive oil production methods, and economic factors that could impact affordability and consumption patterns. Monitoring these variables will be crucial for understanding the dynamics of the olive oil market in Turkey.
