The import of fluoro-polymers to Turkey has demonstrated significant fluctuations over the past decade. From 2013 to 2017, there was a robust growth trend with imports increasing each year, peaking in 2017. However, 2018 saw a sharp decline, followed by a mixed recovery pattern. The value stood at 888.75 thousand kilograms in 2023. The year-on-year (YoY) variation over the last two years showed moderate growth, with 2022 at 9.4% and 2023 at 3.71%. The compounded annual growth rate (CAGR) over the last five years was 2.71%. Forecasts for 2024 and beyond suggest a positive trajectory with an anticipated 14.29% growth rate by 2028, reflecting stabilized demand and market adjustments.
Future trends to watch for include potential impacts from geopolitical shifts, advancements in polymer technology, and evolving industrial applications that may drive further fluctuations or stabilized growth in fluoro-polymer imports. Close monitoring of market regulations and trade policies will also be crucial.