The cereals production in Turkey demonstrated fluctuations over the past decade, with a noteworthy drop in 2014 by 12.72%, followed by a recovery in 2015 at 18.11%. Over the last two years, productions remained relatively stable, with negligible year-on-year variations of 0.15% for both 2022 and 2023, standing at 34.826 Million Metric Tons in 2023. The five-year compound annual growth rate (CAGR) stands at 0.25%. Forecasts from 2024 to 2028 project a steady increase, culminating in a 0.61% growth rate and a forecasted annual CAGR of 0.12% by 2028.
The following future trends to watch for include:
- Potential climate change impacts influencing year-on-year cereal yields.
- Advancements in agricultural technology and practices affecting production efficiency.
- Market demand dynamics and possible shifts due to changing dietary preferences and export markets.
- Government policies and subsidies affecting the cereal production landscape.
