Between 2013 and 2023, the import of dump trucks designed for off-highway use to Turkey has seen significant fluctuations. The highest value recorded was in 2013, followed by a notable decline in subsequent years. The most substantial decrease occurred between 2016 and 2017, dropping by 42.18%, after which a more stable pattern emerged with minor variations. In the last two years, imports decreased by 2.73% in 2023 from 2022.
Key Trends:
• Imports peaked in 2013 and then decreased, especially sharply in 2016.
• Since 2017, the variation has been more moderate, averaging out to an annual decrease of 1.58% over the last five years.
Looking ahead, the forecast indicates a continued decline, with an average yearly reduction of 2.51% expected over the next five years, leading to an 11.95% cumulative decline by 2028.
Future Trends to Watch:
• Impact of technological advancements on equipment efficiency and import needs.
• Economic factors that may influence construction and mining activities in Turkey.
• Changes in environmental regulations that may affect the import of off-highway vehicles.
