The import volume of compressors for refrigerating equipment into Turkey witnessed notable fluctuations from 2013 to 2023, with a low of 78.59 million kilograms in 2015 and peaking at 101.09 million kilograms in 2023.
Significant year-on-year variations include a sharp decline of 15.46% in 2020 followed by a robust rebound in 2021 with a 22.63% increase. Over the last two years, the import volume grew by 1.72% in 2022 and 1.66% in 2023, respectively. The average annual growth (CAGR) over the last five years stands at 1.97%. Forecasted data from 2024 to 2028 indicates a steady growth, with a projected five-year CAGR of 1.29% and a total increase of 6.6% over the period.
Future trends to watch for include technological advancements in compressor efficiency, potential impacts from environmental regulations, changes in global trade dynamics, and potential economic fluctuations within Turkey which could influence import demand.
