The number of persons employed in the transportation and warehousing sector in Turkey has shown an overall increasing trend from 2013 to 2023. In 2023, the value stood at 1.35 million units. From 2013 to 2022, the employment figures revealed a consistent upward trajectory with minor annual fluctuations. Year-on-year variation showed a significant increase between 2013 and 2014, followed by a minor decline in 2015. Subsequent years demonstrated steady growth, albeit at a diminished rate starting in 2018.
Over the past two years (2022 to 2023), the sector experienced a year-on-year growth of 1.66%. The 5-year compound annual growth rate (CAGR) leading up to 2023 was 1.5%, reflecting a moderate expansion in the industry. The forecasted data from 2024 to 2028 suggests a continued steady increase, with a 5-year CAGR of 1.14% and cumulative growth of 5.83% over this period.
Future trends to watch for:
- Technological advancements in logistics and automation.
- Growth in e-commerce driving warehousing demand.
- Potential impacts of geopolitical and economic shifts on employment.
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