Consumer goods nominal expenditure in Turkey is forecasted to rise steadily from 2024 to 2028, starting at 316.19 thousand euros in 2024 and reaching 339.38 thousand euros by 2028. In 2023, the actual expenditure was significantly lower, and the forecasted data demonstrate consistent year-on-year growth.
Year-on-year variation from 2024 to 2028 shows a steady increase:
- 2024-2025: 1.86%
- 2025-2026: 1.81%
- 2026-2027: 1.76%
- 2027-2028: 1.71%
Over the last five years, the Compound Annual Growth Rate (CAGR) is anticipated to be robust, indicating a healthy expansion in consumer spending.
Future trends to watch for include shifts in consumer behavior due to digital transformation, price sensitivity influenced by economic conditions, and the growing importance of sustainability, which may drive changes in the types of goods purchased.
