Analysis of the import data for Aluminium Plates, Sheets, and Strip to Turkey reveals a fluctuating trend from 2013 to 2023. In 2023, imports stood at 659.52 million USD. Over the last two years, there was a 3.58% increase in 2022 and a 3.39% increase in 2023. The 5-year CAGR up to 2023 was 6.05%, indicating modest growth. Forecasts predict continued growth with a 5-year CAGR of 2.48%, leading to a value of 772.43 million USD by 2028.
Future trends to watch for include global aluminium price fluctuations, Turkey’s economic conditions, and potential trade policy changes. Additionally, technological advancements and shifts in demand within key industries such as automotive and construction could impact import volumes.
