The import of prefabricated structural items of cement or concrete to Turkey has shown significant fluctuations over the past decade. From 2013 to 2023, the volume increased substantially, peaking at 9289.1 thousand kilograms in 2023. Notably, the years 2015 and 2016 experienced dramatic changes with a 972.68% increase followed by a 28.61% decline. The overall trend indicates a robust growth pattern, albeit with some volatility.
Year-on-year variations in the last two years reveal a moderate growth of 5.64% in 2022 and 5.23% in 2023. Over the last five years, the compound annual growth rate (CAGR) stands at 5.4%, reflecting steady expansion.
Looking ahead, forecasted imports are expected to continue growing, reaching 11700.0 thousand kilograms by 2028. The forecasted 5-year CAGR from 2024 to 2028 is 3.62%, indicating a forecasted growth rate of 19.44% over this period.
Future trends to watch for include potential shifts in Turkey's construction industry, changes in trade policies, and economic factors that may impact import volume. Continuous monitoring of these factors will be essential to understand their effects on import trends.
