Between 2013 and 2023, Turkey's natural gas supply exhibited significant variability but trended upwards, starting at 1.5724 Million Terajoules in 2013 and reaching 2.1581 Million Terajoules by 2023. Notable fluctuations included declines in 2015, 2016, and 2019, contrasted by peaks in 2017 and 2021. Year-on-year variation showcased a broad range, with the highest increment of 23.68% in 2021 and the steepest decline of -9.69% in 2019. The CAGR over the last five years (2019-2023) stood at 4.68%, indicating solid growth momentum. Forecasts predict a steady increase in supply up to 2.4133 Million Terajoules by 2028, with a forecasted 5-year CAGR of 1.77% and overall growth rate of 9.19%.
Future trends to watch for include potential disruptions in energy markets or geopolitical changes that could impact Turkey's natural gas supply. Additionally, advancements in renewable energy sources and policies promoting energy transition may influence these forecasts. Monitoring these variables will be essential for understanding Turkey’s evolving energy landscape.
