The import volume of asphalt or similar material articles in rolls to Turkey stood at 11.498 million kilograms in 2023. For the forecasted period from 2024 to 2028, we see a consistent year-on-year growth: 2.33% from 2024 to 2025, 2.74% from 2025 to 2026, 2.61% from 2026 to 2027, and 2.49% from 2027 to 2028. This yields an average Compound Annual Growth Rate (CAGR) of approximately 2.54% over the five-year period from 2024 to 2028.
Future trends to watch for include advancements in construction technology, changes in regulatory policies about raw materials, fluctuations in global oil prices impacting asphalt costs, and the strengthening of Turkey’s infrastructure initiatives which could further escalate import volumes. Monitoring these factors will help in anticipating any significant changes in the market dynamics of this sector.
