The fresh seafood production in capture fisheries for human consumption in Turkey showed fluctuating trends over the past years. Over the period 2016 to 2023, the production value decreased from 330.85 million Euros to 289.14 million Euros. The year-on-year variations have shown a mix of both negative and positive rates, with a notable decrease in 2017 and steady declines from 2021 to 2023. By 2023, the average production stood at 289.14 million Euros.
The annual growth rate (CAGR) over the last five years was -1.22%. The future forecast indicates a continued downward trend with a projected CAGR of -0.59% by 2028. The overall reduction in value over the next five years is about 2.89%.
Future trends to watch for:
- Adoption of sustainable fishing practices.
- The impact of climate change on marine ecosystems.
- Shifts in consumer demand towards alternative protein sources.
- Policy changes and their effect on capture fisheries.
