The forecasted wheat consumption in Turkey shows a steady increasing trend from 2024 to 2028, with values rising from 19.32 million metric tons in 2024 to 19.76 million metric tons in 2028. This gradual rise indicates an incremental year-on-year growth in wheat consumption, reflecting stable demand within the country. Notably, the data for 2023 places wheat consumption at 19.21 million metric tons, marking the starting point for these projections.
The year-on-year variations are as follows: from 2024 to 2025, there is an increase of approximately 0.57%; from 2025 to 2026, around 0.57%; from 2026 to 2027, about 0.56%; and from 2027 to 2028, close to 0.56%. The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is approximately 0.55% per annum, indicating a modest but stable average annual increase.
Looking ahead, several future trends warrant attention. Factors such as population growth, changes in dietary patterns, and agricultural policy shifts may impact wheat consumption in Turkey. Additionally, economic conditions and global wheat supply fluctuations could influence future consumption trends.
