The import of rolled aluminum foil to Turkey has shown a generally positive trend with fluctuations over the years. From a value of 70.16 million USD in 2013, imports rose steadily, reaching 92.819 million USD in 2023. Year-on-year variations have showcased periods of growth and slight declines, with a noticeable year-on-year increase of 10.18% in 2021 and a subsequent 2.39% rise in 2023. The last 5 years saw a compound annual growth rate (CAGR) of 3.06%, predicting a CAGR of 1.8% over the next five years.
Future trends to watch for:
- Increasing demand due to industrial growth.
- Potential impact of geopolitical events and trade policies.
- Technological advancements impacting production and usage.
- Possible fluctuations in global aluminum prices affecting import levels.
