The import volume of plastic table and kitchen ware to Turkey has shown a significant downward trend from 2013 to 2023. In 2023, the import volume stood at 4.2651 million kilograms, marking a decline from the 2013 peak of 7.4451 million kilograms. The year-on-year variations reveal fluctuation, with significant declines between 2016 and 2018 and more stable, though low, variability from 2019 to 2023. The five-year compound annual growth rate (CAGR) up to 2023 is nearly stagnant at 0.14%.
Looking forward into 2024 and beyond, forecast data suggests a continued decline in import volumes, with an anticipated five-year CAGR of -1.38% and an overall forecasted decline of 6.71% by 2028. This indicates a continued reduction in import volume, settling at 3.8939 million kilograms by 2028.
- The data indicates a clear downward trend in import volumes over the past decade.- A temporary stabilization from 2019 to 2023 is observed, though at lower volumes compared to earlier years.- Future forecasts predict further gradual declines, continuing through 2028.
Future trends to watch for include possible shifts in domestic production capacity, changes in consumer preferences, and the impact of trade policies and tariffs which might further influence the import volumes of plastic table and kitchen ware.
