Turkey's import of tufted carpets and floor coverings is forecasted to decline gradually from 2024 to 2028, dropping from USD 23.359 million in 2024 to USD 19.557 million in 2028. This downward trend signifies a year-on-year percentage decrease of approximately 4.09% from 2024 to 2025, 4.29% from 2025 to 2026, 4.38% from 2026 to 2027, and 4.50% from 2027 to 2028.
In 2023, the import value was USD 24.830 million. This denotes the shifting market dynamics, with an average annual decline (CAGR) of around 4.53% over the five-year period.
Future trends to watch for include the potential impacts of domestic production capacity increases, changing consumer preferences toward alternative floor coverings, and fluctuating global trade policies that may affect import costs. Monitoring these factors will be essential for understanding the long-term demand and supply dynamics in Turkey's tufted carpets and floor coverings market.
