The import of waterproof footwear to Turkey experienced significant fluctuations over the past decade. In 2023, the import value stood at 2.6532 million US Dollars, indicating a year-on-year decrease of 3.47%. The forecasted data through 2028 suggest a steady decline, with the compound annual growth rate (CAGR) over the next five years expected to be -3.29%, resulting in a projected value of 2.1555 million US Dollars by 2028.
Key variations include:
- 2013: +67.3% year-on-year
- 2014: -38.11% year-on-year
- 2015: +48.45% year-on-year
- 2016: -42.98% year-on-year
- 2017: +28.41% year-on-year
- 2018: -63.94% year-on-year
- 2019: +50.27% year-on-year
- 2020: -8.16% year-on-year
- 2021: +1.72% year-on-year
- 2022: -3.42% year-on-year
- 2023: -3.47% year-on-year
From 2018 to 2023, the overall trend exhibited a declining trajectory, with significant reductions noted in 2018 and moderate fluctuations thereafter. The average variation per year over the last five years (CAGR) stood at -3.29%. Future trends to observe include potential impacts from economic factors, changes in consumer preferences, and trade policies that could either mitigate or exacerbate the projected declines.
