Forecast: Import of Ethylene-Vinyl Acetate Copolymers to Turkey

Turkey's import volume of ethylene-vinyl acetate copolymers peaked in 2023 at 59.327 million kilograms. Reviewing the past decade shows fluctuating growth rates, with notable peaks in 2016 (15.26%) and 2021 (18.82%), and marked declines in 2018 (-12.61%) and 2020 (-13.64%). The last two years saw modest increases of 9.05% in 2022 and 3.4% in 2023. The compound annual growth rate (CAGR) over the past five years stood at 5%, indicating a stable upward trend despite year-on-year fluctuations.

Future trends to watch:

  • Continued steady growth with a forecasted 5-year CAGR of 2.51% through 2028.
  • Potential market impacts due to economic and geopolitical factors affecting trade dynamics.
  • Technological advancements and innovation in ethylene-vinyl acetate copolymers driving demand.
  • Monitoring shifts in global supply chain logistics and raw material accessibility.

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