The import of metal mountings and fittings for buildings to Turkey demonstrated fluctuations from 2013 to 2023. In 2023, the value stood at 46.85 million US dollars. The year-on-year variation in 2023 was minimally positive at 0.27%. Over the last two years, the imports showed a steady growth with a 0.27% increase in 2022 and 0.27% in 2023. The CAGR over the last five years was 2.43%, signifying a slow but positive growth trend.
Future trends to watch for include:
- An anticipated gradual rise in import values with a 5-year forecast CAGR of 0.22%.
- Potential uncertainties in global trade policies and economic fluctuations, which could impact import levels.
- Technological advancements in the construction sector potentially leading to changes in the demand for metal mountings and fittings.
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