The import of petroleum coke and petroleum bitumen to Turkey is expected to show a consistent upward trend from 2024 to 2028. The projected figures in million US dollars from 2024 to 2028 are 724.43, 749.42, 773.92, 797.92, and 821.45, respectively. Compared to 2023, the forecasted figures reveal an average annual growth rate (CAGR) over this five-year period. Notably, the year-on-year growth percentage shows a gradual increase:
- 2024: Stable baseline
- 2025: 3.45% increase
- 2026: 3.27% increase
- 2027: 3.10% increase
- 2028: 2.95% increase
This consistent growth might be indicative of increasing industry demand, infrastructure development, or changes in energy policies in Turkey. Future trends to watch include potential policy shifts towards renewable energy, global petroleum market volatility, and technological advancements in petroleum product alternatives.
