The export of plastics and articles thereof from Turkey is forecasted to grow steadily from 2024 to 2028. Based on the data, Turkey's exports are expected to increase from $6.9312 billion in 2024 to $7.6743 billion in 2028. This represents a year-on-year growth of approximately 2.8% in 2025, 2.6% in 2026, 2.5% in 2027, and 2.4% in 2028. The Compounded Annual Growth Rate (CAGR) over this five-year period stands around 2.6%. For reference, the export value stood at $6.8 billion in 2023, indicating a solid baseline for these forecasts.
Key trends to monitor include potential impacts of global economic conditions on demand, fluctuations in raw material prices, technological advancements in production, and changes in trade policies. Keeping an eye on these factors will be critical to understanding future export performance in this sector.
