The forecast for fish meal production in Turkey from 2024 to 2028 remains consistent at 4.0 Thousand Metric Tons each year. This suggests no anticipated growth or decline compared to the previous year. In 2023, the actual production stood at 4.0 Thousand Metric Tons, indicating a stable production level year-on-year. Over the last two years, the year-on-year variation has been 0%, pointing to a consistent production volume. The Compound Annual Growth Rate (CAGR) over the last five years also stands at 0%, reflecting no average annual increase or decrease over this period.
Future trends to watch for include:
- Potential impacts of climate change on fish populations, which could affect fish meal production.
- Shifts in global demand for fish meal driven by the aquaculture industry.
- Technological advancements in fishery practices that could enhance production efficiency.
- Regulations and sustainability initiatives that may influence production and supply chain dynamics in the industry.
