The import of packing containers, including record sleeves to Turkey, stood at 1.3341 million kilograms in 2023, showing a minor year-on-year increase of 0.85%. Analysis of the data reveals fluctuations over the past decade, with notable peaks and troughs. From 2013 to 2014, imports surged by 46.51%, followed by a decline in 2015. A period of steadier growth ensued until 2018, which saw a significant drop of 30.15%. The following years depicted minor fluctuations leading up to a slight positive trend towards the end of 2023.
The forecast for 2024 onward shows a slow but steady growth in imports, with the forecasted 5-year CAGR at 0.68%, indicating a conservative upward trend. The average annual variation over the last five years was approximately 3.67%, reflecting a moderate recovery.
Future trends to watch for:
- Market demand shifts influenced by economic policies and global trade relations.
- Innovations in packaging technology and materials potentially driving import patterns.
- Environmental regulations impacting the usage of various types of packing containers.
- Changes in consumer behavior and retail trends influencing the volume of imports.