Turkey’s centrifugal sugar production has been on a steady increase. In 2023, it stood at 2.97 million metric tons. Forecasts show production rising to 3.0 million metric tons in 2024 and following a progressive trend, reaching 3.11 million metric tons by 2028. This translates to a year-on-year growth rate of approximately 1.0% to 1.1%. The compound annual growth rate (CAGR) over the five-year period is modest, averaging around 0.94% annually.
Future trends to watch for include:
• Technological advancements in production techniques.
• Government agricultural policies affecting sugar crop yields.
• Global market prices impacting export and import dynamics.
