The forecast for the import of domestic appliances incorporating electric motors to Turkey indicates a steady decline over the next five years. In 2023, the import value stood at 117 million USD. From 2024 to 2028, the values are forecasted to decrease from 112.71 million USD to 96.019 million USD. This represents year-on-year variations of -3.82% in 2025, -3.89% in 2026, -3.96% in 2027, and -4.05% in 2028. The compound annual growth rate (CAGR) over this period is -3.77%.
Future trends to watch for include the potential impact of emerging local manufacturing capabilities in Turkey, shifting consumer preferences towards energy-efficient appliances, and any regulatory changes affecting imports. Additionally, fluctuations in exchange rates and global supply chain dynamics may further influence import trends.
