The forecasted data from 2024 to 2028 indicates a steady decrease in the import of electric lamps and lighting fittings to Turkey. In 2023, the value stood at 111 million US dollars. Year-on-year variations show a gradual decline: 2024 sees a 0.61% drop, 2025 a 1.18% decline, 2026 a decrease of 1.16%, 2027 a 1.15% drop, and 2028 a 1.14% decrease. The last CAGR over the five-year period from 2024 to 2028 averages at a 1.05% annual decline.
Future trends to watch for include shifts in domestic manufacturing capabilities, technological advancements, and potential changes in trade policies or tariffs that could impact import levels. Additionally, the increasing emphasis on sustainability and energy efficiency may drive demand for newer, innovative lighting solutions.
