The import of electronic integrated circuits and microassemblies to Turkey has shown considerable variation over the past decade. After a downturn in 2020, imports rebounded in 2021 and continued to grow modestly up to 2023, reaching 612.82 million USD. The year-on-year variation for 2022 was 1.02%, and for 2023 it was 0.99%, indicating a stabilization in growth. Over the last five years, the compound annual growth rate (CAGR) has been 0.78%. Projected growth from 2024 to 2028 indicates a steady increase, forecasting a CAGR of 0.78% and an overall growth rate of 3.98%.
Future trends to watch for include potential impacts from global semiconductor shortages, advancements in technology requiring more sophisticated integrated circuits, and economic policies affecting trade. Encouraging signs point towards a sustained rise in imports, driven by increasing demand in various sectors like automotive, telecommunications, and consumer electronics.
