Forecast: Distilled Alcoholic Beverages Import Volume in Turkey

In 2023, the import volume of distilled alcoholic beverages in Turkey stood at 14.0 thousand metric tons, consistent with the previous four years.

Historical data from 2014 to 2023 shows fluctuations with notable deviations: a 7.69% increase in 2015 followed by a 21.43% drop in 2016, and a subsequent rise in 2017 by 27.27%. From 2018 onwards, import volumes stabilized at 14.0 thousand metric tons, except for a slight dip in 2020 to 11.62 thousand metric tons. Year-on-year variations were: 2015 (7.69%), 2016 (-21.43%), 2017 (27.27%), 2018-2023 (0%), with a distinct dip in 2020 (-17%) and rebound in 2021 (20.48%). The 5-year CAGR from 2018 to 2023 is 0%. From 2024 to 2028, a mild growth trajectory is observed, with forecasted volumes indicating around a 14.0-14.36 range, implying a 0.37% CAGR and overall growth of 1.84% over the 5-year span.

Future trends to watch for include the potential impact of economic policies, changes in consumer preferences, and regulatory conditions on import volumes. Awareness of emerging markets and regional trade agreements could also influence future import dynamics.