The import of silver powder to Turkey has exhibited a general upward trend from 2013 to 2023, with notable fluctuations. In 2013, the import volume was 70 kilograms, spiking sharply in subsequent years, peaking in 2023 at 728 kilograms. The most significant year-on-year variations include a 227.19% increase in 2015 and a 52.01% increase in 2016. However, there were some declines, such as a 25.4% decrease in 2017. More recently, from 2022 to 2023, the import volume increased by 4.9%. The average annual growth rate (CAGR) over the past five years stands at 4.65%. Forecasts suggest a continued upward trend with a forecasted CAGR of 3.39% from 2024 to 2028, expecting the import value to reach 906.41 kilograms by 2028.
Future trends to watch for include potential impacts from global market volatility, technological advancements in silver utilization, and changes in Turkey's industrial demand for silver powder. Monitoring global supply chain dynamics and economic policies will also be crucial for anticipating changes in import patterns.
