From 2013 to 2023, Turkey's material input of Marble, Granite, Sandstone, Porphyry, and Basalt saw fluctuations, ending at 20.61 million metric tons in 2023. The past decade highlighted high variability with notable peaks, notably in 2014 and 2021, and troughs like those in 2015 and 2019.
Recent years showcased a more stable growth trajectory, with a substantial uptick in 2021 but mild increases in 2022 and 2023. Year over year, 2022 increased by 1.12%, and 2023 by 1.17%. The five-year CAGR up to 2023 was 4.73%.
Looking forward to 2028, a moderate growth trend is projected, with a forecasted CAGR of 0.87% over the next five years. By 2028, direct material inputs are expected to reach 21.76 million metric tons.
Future trends to watch for:
- Potential market disruptions due to global supply chain changes.
- Technological advancements in extraction and processing.
- Environmental regulations impacting material sourcing and use.
- Economic factors influencing construction and infrastructure investment.
