The harvested production of rice in Türkiye stood at 985.4 thousand metric tons in 2023. Historically, there has been fluctuating growth with significant increases in certain years. Notable increases occurred in 2019, with a 77.48% YoY increase, and a minor decline of 2% in 2020. The CAGR over the last five years up to 2023 is relatively strong at 11.81%, showcasing steady growth.
Looking at the forecast data, continued growth is anticipated with a forecasted annual average growth rate (CAGR) of 2.48% over the next five years. This suggests a positive yet more moderate upward trend, with production expected to reach 1150.0 thousand metric tons by 2028, translating to a total growth rate of 13.04% from 2024 to 2028.
Future trends to watch for include potential impacts of climate change on rice production, advancements in agricultural technology that could increase yields, and policy changes affecting the agricultural sector in Türkiye. The international demand and price fluctuation for rice could also play significant roles in shaping future production trends.
