The forecasted import values of unwrought non-alloy aluminum to Turkey show a steady increase from $2.0244 billion in 2024 to $2.2666 billion by 2028. The year-on-year variation indicates a positive growth trend:
- 2025: 3.09%
- 2026: 2.93%
- 2027: 2.79%
- 2028: 2.65%
The Compound Annual Growth Rate (CAGR) over the forecast period (2024-2028) is approximately 2.9%, reflecting consistent growth in imports.
Future Trends to Watch
As Turkey continues to industrialize and increase its manufacturing capabilities, the demand for non-alloy aluminum is expected to rise further. Key trends to monitor include global aluminum price fluctuations, supply chain dynamics post-pandemic, and advancements in aluminum recycling efforts, which could impact import needs.