The forecasted closing stock of bitumen in Turkey shows a steady trend from 2024 to 2028, with values ranging between 140.58 and 140.59 thousand metric tons. There is negligible variation year-on-year, indicating a stable stock level. In comparison, the closing stock stood at an equivalent value in 2023, reflecting a consistent supply and demand scenario over the forecast period. The average annual growth rate (CAGR) remains virtually flat due to the stability observed in the values from 2024 to 2028.
Future trends to watch for include any policy changes in infrastructure development, fluctuations in international bitumen prices, and macroeconomic factors that might influence demand. Additionally, technological advancements in road construction and maintenance may also impact the consumption and stock levels of bitumen.
