The import volume of machines for testing mechanical properties of metals to Turkey has showed significant variations over the years. From a peak in 2013, there has been a general downward trend with some fluctuations. In 2023, the import volume stood at 159.52 thousand kilograms, reflecting a slight year-on-year decline of 1.72%. Over the last five years (2018-2023), the compound annual growth rate (CAGR) recorded a decline of 2.49%.
Looking forward, the forecasted data from 2024 to 2028 indicates a continuing decline, with an average decrease of 1.52% per year. This projected decline is expected to result in a 7.37% overall reduction by the end of 2028.
Future trends to watch for include potential shifts in Turkey's industrial policies, domestic production capabilities for testing machines, and changes in global supply chains which could affect import patterns. Additionally, technological advancements in the industry may influence demand and import volumes.
