Forecast: Import of Lamp and Lighting Fitting Parts of Plastics to Turkey

In 2023, the import of lamp and lighting fitting parts of plastics to Turkey stood at 2.45 million kilograms. Forecasts indicate a gradual increase in imports from 2024 to 2028. Specifically, the import values for the years 2024, 2025, 2026, 2027, and 2028 are projected to be 2.5715, 2.6942, 2.8145, 2.9323, and 3.0477 million kilograms respectively.

The year-on-year variations highlight a steady upward trend:

  • 2024: +4.96%
  • 2025: +4.77%
  • 2026: +4.47%
  • 2027: +4.18%
  • 2028: +3.93%

From 2024 to 2028, the Compound Annual Growth Rate (CAGR) of import volume is estimated to be approximately 4.46% per year, indicating a consistent demand growth in Turkey.

Future trends to watch for include: potential changes in environmental regulations affecting plastic imports, technological advancements in energy-efficient lighting, and economic policies influencing trade. These factors could either bolster or hinder the forecasted import growth rates.

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