Forecast: Bioenergy Energy Supply in Turkey

The bioenergy supply in Turkey saw a peak in 2013 at 4.03 Million Tonnes Of Oil Equivalent but then experienced a general decline until 2018. A brief recovery occurred from 2019 to 2021, peaking again in 2021, with a value of 3.32 Mtoe before slightly decreasing to 3.21 Mtoe in 2023. The year-on-year variation showed fluctuating trends with notable declines in 2014, 2015, and 2018, followed by rebounds in subsequent years. The most recent two years saw minor declines in values. The 5-year CAGR from 2019 to 2023 was 6.38%, indicating moderate growth overall during this period.

Future trends to watch for:

• Continued advancements in bioenergy technology and its integration into the energy mix.
• Policy changes and government incentives to promote sustainable energy sources.
• Market responses to international energy crises and local economic conditions.