Barley production at the farm gate in Turkey for 2023 stood at a base value that lead into forecast values of 1.59 Billion USD for 2024. Forecasts show a consistent annual growth, with a value of 1.61 Billion USD in 2025, increasing to 1.67 Billion USD by 2028. Year-on-year variation percentages exhibit stable growth trends with a slight incremental increase per annum. For instance, from 2024 to 2025 the increase is approximately 1.26%, continuing similarly up to 2028.
The Compound Annual Growth Rate (CAGR) over the five-year forecast period (2024-2028) is approximated to be 1.24%, indicating steady growth.
Moving forward, important trends to watch for include advancements in agricultural technologies, climate change impacts, and shifts in domestic and international demand for barley. These factors will significantly influence Turkey’s barley production and market dynamics. Monitoring policy changes and trade agreements will also be crucial for predicting future trends.
