The import of mechanical pulps of other fibrous material to Turkey has experienced significant fluctuations over the past decade. From 2013 to 2023, the market saw substantial variability, with a notable peak in 2018 followed by a series of moderate declines and recoveries. As of 2023, imports stood at 4.9845 million kilograms, having increased by 4.69% year-on-year. Over the last five years, the compound annual growth rate (CAGR) was recorded at 1.78%, indicating relatively modest growth.
Looking forward, the forecasted data from 2024 to 2028 suggests steady growth with a projected average CAGR of 3.3%, leading to a 17.6% increase in total imports by 2028. This anticipated growth reflects confidence in the continued demand for mechanical pulps in Turkey.
Future Trends to Watch For:
- Potential impact of global supply chain disruptions on import volumes.
- Technological advancements in pulping processes that could affect demand dynamics.
- Environmental regulations and sustainability initiatives influencing production and import practices.
- Economic factors, including currency exchange fluctuations and trade policies, impacting import levels.
