Forecast: Import of Articles of Asphalt or of Similar Material to Turkey

The forecast for the import of articles of asphalt or similar material into Turkey shows a gradual decline from 2024 to 2028. The value of imports is expected to decrease from 14.194 million USD in 2024 to 13.513 million USD in 2028. In 2023, the actual value of these imports stood at 14.375 million USD. Year-on-year variations indicate a steady average decline of approximately 1.2% per annum over the five-year forecast period.

Future trends to watch for:

  • Potential changes in global oil prices, which could impact the cost and demand for asphalt-related products.
  • Infrastructure development projects within Turkey that may drive higher demand for these materials.
  • Trade policies and potential tariff changes that could influence import levels.
  • Advancements in alternative construction materials that might affect the market for traditional asphalt products.

Top Countries about Asphalt