Forecast: Value Added of Publishing in Turkey

The value-added of publishing in Turkey has experienced significant fluctuations over the past decade. From 2013 to 2023, there has been an overall positive trend, with the value rising from 3.17 billion New Turkish Liras to 8.93 billion in 2023. The year-on-year variation illustrates periods of both robust growth (e.g., 34.94% in 2017) and slight declines (e.g., -2.86% in 2018). The CAGR for the last five years (2019-2023) stands at 8.35%, indicating steady growth despite some annual volatility.

Year-on-Year Analysis:

  • 2021: 5.34%
  • 2022: 4.97%
  • 2023: 4.64%

Future projections suggest a moderated growth trajectory with a forecasted 5-year CAGR of 2.98% from 2024 to 2028, anticipating the value to reach 10.79 billion by 2028.

Future trends to watch for:

  • Digital transformation in publishing
  • Changes in consumer reading habits
  • Impact of economic factors and currency fluctuations

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