The forecasted milled rice supply in Turkey shows a steady increase from 1.25 million metric tons in 2024 to 1.3 million metric tons by 2028. Compared to 2023, where the supply stood at 1.23 million metric tons, there is a consistent year-on-year growth in the range of 0.8% to 1.3%. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is estimated to be approximately 1.0%, indicating a stable upward trend in rice supply over the next five years.
Future trends to watch for:
- Changes in domestic agricultural policies affecting rice production.
- Impacts of climate change on rice yield.
- Shifts in consumer demand due to population growth or changes in dietary preferences.
- Potential advancements in rice farming technology that could increase supply efficiency.
- International trade policies and their impact on rice imports and exports.
