In 2023, the Centrifugal Sugar supply in Turkey stood at 3.45 million metric tons. The forecasted data from 2024 to 2028 indicates a steady increase in supply with values projected to reach 3.60 million metric tons by 2028.
Year-on-year variations:- 2024 shows a 1.16% increase compared to 2023.- 2025 projects a 0.86% increase from 2024.- 2026 and 2027 both see incremental rises, with a 0.85% and 0.56% increase respectively.- The forecast for 2028 anticipates a 0.84% growth from 2027.
A five-year CAGR analysis shows an average annual growth rate of approximately 0.84% from 2024 to 2028.
Future trends to watch for include potential changes in agricultural policies, climate impacts on sugar beet yields, and technological advancements in sugar production. These factors could significantly influence the supply landscape for centrifugal sugar in Turkey.
