From 2013 to 2023, the import of aluminium structures and parts for construction to Turkey has experienced fluctuations, reaching $35.889 million in 2023. Following a notable drop from 2013 to 2015, the imports displayed an overall upward trend with periodic declines. In 2021 and 2022, the year-on-year variations were 23.62% and 2.49%, respectively, with a marginal improvement of 2.38% in 2023. Over the last five years, the CAGR stabilized at 2.68%, indicating a moderate growth trajectory.
Looking ahead, forecasts indicate a steady increase with the value projected to reach $40.242 million by 2028. The anticipated 5-year CAGR of 1.8% and forecasted growth rate of 9.34% reflect a stable market.
Future trends to watch for:
- Global aluminium prices and supply chain dynamics affecting import costs.
- Turkey's construction industry's demand stability impacting import volumes.
- Technological developments in construction influencing the types of aluminium structures imported.
- Trade policies and bilateral agreements impacting import regulations.
