The forecasted number of diesel passenger cars in Turkey for the years between 2024 and 2028 shows a steady increase. Starting from 5.49 million cars in 2024, the number is expected to grow consistently each year, reaching 5.85 million by 2028. There was a notable increase of 1.79% from 2023 to 2024.
Year-by-year percentage increases are:
- 2025: 1.79% increase
- 2026: 1.66% increase
- 2027: 1.54% increase
- 2028: 1.43% increase
The Compounded Annual Growth Rate (CAGR) over the forecast period (2024-2028) is approximately 1.60%.
Future trends to watch for:
- The growth rate is showing a slight deceleration each year, indicating a potential market saturation or shifting consumer preferences.
- Monitoring advancements in electric vehicle infrastructure and incentives in Turkey, as they may impact diesel car sales.
- Assessing impacts of environmental regulations and emissions standards on diesel car production and consumer choices.