The market for oranges and mandarins in Turkey has seen consistent growth over the past decade. In 2023, the market size stood at 2.4 million metric tons. From 2014 to 2023, the market grew at a CAGR of 1.71%. Significant spikes were observed in 2015 and 2017 with year-on-year increases of 13.42% and 14.81%, respectively. However, 2018 experienced a slight decrease of -2.7% year-on-year. Recent years have shown more stable growth, with variations around 1.5%-2% year-on-year.
Future trends to watch for include:
- The forecasted market size reaching 2.57 million metric tons by 2028, indicating a forecasted 5-year CAGR of 1.09%.
- Potential influences from climate change, agricultural policies, and technological advancements in farming methods which could impact production rates.
- Shifts in consumer preferences towards healthier diets, potentially increasing demand for fresh fruit.