Forecast: Olive Oil Production in Turkey

In 2023, Turkey's olive oil production stood at 267.0 thousand metric tons. The forecasted data from 2024 to 2028 shows a steady increase in production, with values expected to rise from 278.0 thousand metric tons in 2024 to 322.0 thousand metric tons by 2028. The year-on-year variations indicate an approximate annual growth rate of 3.95% from 2024 to 2025, and similar patterns follow in subsequent years. The average annual growth rate (CAGR) over the forecast period is around 3.84%.

Future trends to watch for include potential impacts of global climate change on olive yields, advancements in agricultural technology, and market fluctuations driven by international demand shifts. Monitoring these factors could provide more insights into the sustainability and expansion of Turkey's olive oil production.

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