The import of oral and dental hygiene preparations to Turkey exhibited a fluctuating trend from 2013 to 2023. In 2023, the value stood at 14.951 Million US Dollars. The data shows variations such as a significant year-on-year increase of 21.55% in 2013, a minor increment of 3.23% in 2015, and a notable decrease of -8.83% in 2016. The compound annual growth rate (CAGR) varied, starting high at 23.11% in 2013 and becoming negative at -1.31% in 2018. However, the recent 5-year CAGR as of 2023 recovered to 3.65%. Annual variations for the last two years showcased positive increments: 2.48% in 2022 and 2.38% in 2023.
Future trends to watch for include:
- Steady recovery and growth, with prices forecasted to reach 16.763 Million US Dollars by 2028.
- A moderate 1.8% forecasted 5-year CAGR, indicating cautious optimism in market growth.
- A cumulative forecast 5-year growth rate of 9.34% suggesting a stable increase in demand.