Forecast: Oilseeds Harvested Production in Türkiye

The harvested production of oilseeds in Türkiye has shown a progressive growth trajectory from 2013 to 2023, with some fluctuations observed in specific years. In 2023, the oilseeds production stood at 4.67 million metric tons, marking a slight decline of 1.9% from the previous year. Despite this dip, the overall trend over the last decade has been positive. The Compound Annual Growth Rate (CAGR) over the past five years (2019-2023) has been 2.99%, indicating a steady, albeit moderate, increase. Notably, the highest recent year-on-year growth was recorded in 2021 with an 18.78% rise.

Looking forward, the forecasted data suggest a continuing upward trend. By 2028, oilseeds production is expected to reach 5.41 million metric tons, with a projected 5-year CAGR of 2.32% from 2023 onwards. This anticipated growth translates to a 12.16% overall increase during this period.

Trends to watch for in the future include:

  • Technological advancements in agricultural practices that could further boost productivity.
  • Climate change impact on crop yields and the need for adaptive strategies.
  • Market demand fluctuations globally and within the region.
  • Policy changes and government support for the agricultural sector.

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