Forecast: Import of Knitted or Crocheted Fabric to Turkey

The import of knitted or crocheted fabric to Turkey showed a mixture of growth and declines from 2013 to 2023. The most notable fluctuations were seen in 2017 with an 18.66% increase and in 2018 with a 21.78% decrease. The highest value achieved was in 2023, standing at 482.12 million USD. In the most recent two years, 2022 and 2023 saw a consistent but minor increase of around 1.90% year-on-year. The Compound Annual Growth Rate (CAGR) over the past five years averaged 3.69%, with a forecasted decline to 1.44% over the next five years.

Future trends to watch for include:

  • Monitoring the impact of global economic conditions on Turkey's imports.
  • Observing any potential shifts due to changes in trade policies or tariffs.
  • Analyzing the influence of technological advancements in fabric production on import needs.

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