The forecast data for the import of household linen to Turkey from 2024 to 2028 indicates a consistent decline in value. Starting at 10.09 million USD in 2024, it is projected to drop to 7.1445 million USD by 2028. Considering the actual value in 2023, which stood at 11.0 million USD, the year-on-year variations show a steady annual decrease:
- 2024: -8.27%
- 2025: -7.53%
- 2026: -7.97%
- 2027: -8.47%
- 2028: -9.09%
The Compound Annual Growth Rate (CAGR) over the five years from 2024 to 2028 is -8.07%, highlighting a continued contraction in the import market.
Future trends to watch for:
- Potential impacts of changes in domestic production capabilities
- Shifts in consumer preferences towards locally produced goods
- Currency fluctuations affecting import costs and demand
- Trade policies and potential tariffs influencing import volumes
