Based on the data from 2013 to 2028, the import of aircraft, spacecraft, and satellites to Turkey showed significant fluctuations. The import value increased until 2016, reaching its peak and then experienced a sharp decline in 2017. From 2018 to 2023, the values remained relatively stable with minor fluctuations, standing at approximately 2.2172 billion USD in 2023.
Year-on-year variation from 2022 to 2023 rose minimally by 0.24%. The compound annual growth rate (CAGR) over the last five years (2018-2023) showed an average annual increase of 2.49%. Forecasts from 2024 to 2028 predict a steady but marginal increase, with a forecasted 5-year CAGR of 0.21% and an overall growth rate of 1.05%.
Future trends to watch for:
- Potential geopolitical factors influencing import regulations and demand.
- Technological advancements in aerospace causing shifts in import preferences.
- Economic factors such as currency fluctuations and shifts in GDP affecting import capacity.