Turkey's import of vitrifiable enamels and glazes for ceramics and glass stood at 14.923 million USD in 2023. Over the last decade, the import values displayed a declining trend, with some fluctuations. From 2013 to 2020, the imports decreased substantially, followed by a period of relative stabilization and slight growth from 2021 to 2023.
- From 2013 to 2016, there was a notable decline, with a CAGR of -2.45% during this period.
- Between 2016 to 2018, the trend of decreasing imports continued, with a minimal year-on-year variations averaging -2.64%.
- A slight recovery was observed starting in 2019, achieving a positive growth after the significant drop in 2020.
- The last two years, 2022 and 2023, showed moderate growth trends, with year-on-year variations of approximately 6.08% and 0.75% respectively.
- Forecast for the next five years projects a modest growth with an average annual growth rate (CAGR) of 0.62%, culminating in an import value of 15.462 million USD by 2028.
Future trends to watch for include potential economic impact from geopolitical factors and emerging market demands that could affect the volume and value of imports. Moreover, shifts toward sustainable and eco-friendly materials in the ceramics and glass industry might influence the imports of enamels and glazes. Keeping an eye on global pricing and supply chain developments will be crucial for accurate forecasts.
