Forecast: Import of Thin Sheets (Voiles) of Glass Fibres to Turkey

The import value of thin sheets (voiles) of glass fibres to Turkey stood at 38.0 million USD in 2023. Based on the forecasted data, the import value is expected to rise gradually over the next five years, reaching 45.93 million USD by 2028. This indicates a year-on-year growth rate of approximately 4% to 4.7%. Specifically, the growth rate from 2024 to 2025 is estimated at 4.1%, from 2025 to 2026 at 3.9%, from 2026 to 2027 at 3.7%, and from 2027 to 2028 at 3.5%. The compound annual growth rate (CAGR) over the five-year period from 2023 to 2028 is around 3.8%.

Future trends to watch for include:

  • Potential shifts in global supply chains affecting glass fibre imports.
  • Technological advancements in glass fibre production, which could impact pricing and demand.
  • Economic policies and trade agreements between Turkey and exporting countries.
  • Inflation rates and currency exchange fluctuations influencing import costs.

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