The forecasted cotton production in Turkey is expected to increase from 3.91 million units in 2024 to 4.18 million units by 2028. This upward trend suggests a gradual but steady increase in output over the five-year period. The average year-on-year growth rate is approximately 1.47%, indicating a consistent expansion in production capacity. Compared to 2023, where the production stood at 3.85 million units, this represents a composite annual growth rate (CAGR) of 1.65% from 2023 to 2028.
Future trends to watch for include:
- Technological advancements in agriculture that could further boost yields.
- Fluctuations in global cotton demand and their impact on Turkish production levels.
- Potential changes in agricultural policy or climate conditions affecting crop output.