Forecasting Figs Production in Turkey: A Historical Analysis from 1961 To 2021By Using the Application Arima Model

2023

Abstract: This research focuses on predicting the figs production in Turkey from 1961 to 2021 using the ARIMA (0, 1, 3) model. Figs play a significant role in Turkish agriculture, and accurate predictions can offer valuable insights for production planning, market analysis, and policy development. The historical production data is analyzed using the ARIMA (0, 1, 3) model to generate forecasts. Furthermore, the study examines the projected increase in figs production specifically for the year 2031. By extrapolating the observed trends and patterns in the past data, the study presents forecasts for figs production in 2031. These projections provide an estimate of the potential growth or changes in figs production, assisting stakeholders in decision-making and strategic planning within the figs industry. The findings of this study enhance our understanding of the future prospects for figs production in Turkey and can guide investments, resource allocation, and market strategies in the upcoming years.

Keywords: Forecasting, Figs Production, Turkey, Arima (0,1,3),

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