In 2023, Turkey's import of bicycles and other non-motorized cycles stood at 1.22 million kilograms. The forecast from 2024 to 2028 suggests a steady increase, reaching 1.3786 million kilograms by 2028. Year-on-year variation shows a consistent growth of approximately 2.6% to 2.7%. The Compound Annual Growth Rate (CAGR) over the five-year period is projected to be around 2.5%.
Future trends to watch for include advancements in bicycle technology, rising health and environmental consciousness, and potential fluctuations in global trade policies that may affect import volumes. Additionally, economic factors in Turkey and changes in consumer preferences toward sustainable transportation options could also influence future import trends.
