By 2023, the import volume of ceramic housewares, except of porcelain or china, to Turkey stands at 4.1402 million kilograms. Over the years, there has been a notable decline in imports particularly after the peak in 2015. The year-on-year variations show considerable fluctuations with sharp decreases between 2016 and 2017, and a consistent downturn from 2019 onwards. Specifically, the last two years show a contraction of 5.8% and 5.58% respectively. The compounded annual growth rate (CAGR) over the last five years stands at -5.12%.
Looking ahead, forecasted data suggests a continued decline with a five-year CAGR of -6.16%, projecting a significant negative growth rate of 27.22% by 2028. Such forecasts indicate that the downward trend is expected to persist through the foreseeable future.
Future trends to watch for include potential market shifts due to emerging substitutes, changes in consumer preferences, or economic factors affecting import patterns, which could further impact the volume of ceramic housewares imported to Turkey.
