Forecast: Non-Ferrous Metal Imports to Turkey

Based on the provided data, the import values for non-ferrous metals to Turkey are projected as follows (in Metric Tons Per Capita):

  • 2024: 0.043
  • 2025: 0.044
  • 2026: 0.045
  • 2027: 0.046
  • 2028: 0.047

Year-on-Year Variation

  • 2025: ((0.044 - 0.043) / 0.043) * 100 = 2.33%
  • 2026: ((0.045 - 0.044) / 0.044) * 100 = 2.27%
  • 2027: ((0.046 - 0.045) / 0.045) * 100 = 2.22%
  • 2028: ((0.047 - 0.046) / 0.046) * 100 = 2.17%

Compound Annual Growth Rate (CAGR)

The average annual growth rate over the forecast period: CAGR = ((0.047 / 0.043) ^ (1 / 4) - 1) * 100 = 2.26%.

Future Trends To Watch

Demand for non-ferrous metals in Turkey is expected to grow steadily at an average rate of approximately 2.26% per year. Key factors to monitor include advancements in industries reliant on non-ferrous metals, such as construction, automotive, and technology sectors, along with potential shifts in trade policies and global supply chain dynamics.

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