In 2023, Turkey's import of organic chemicals stood at 6.14 Billion US Dollars. The forecasted values for the subsequent years are as follows: 6.2832 Billion US Dollars for 2024, 6.4299 Billion US Dollars for 2025, 6.5735 Billion US Dollars for 2026, 6.7144 Billion US Dollars for 2027, and 6.8524 Billion US Dollars for 2028. The year-on-year (YoY) variations show a consistent trend: 2.34% increase from 2023 to 2024, 2.33% from 2024 to 2025, 2.23% from 2025 to 2026, 2.14% from 2026 to 2027, and 2.06% from 2027 to 2028. The average annual growth rate (CAGR) over this five-year period is approximately 2.22%.
Future trends to watch for include changes in global organic chemical pricing, potential new trade agreements influencing import tariffs, and Turkey's domestic demand for organic chemicals particularly within growing industrial sectors. Additionally, sustainability trends and emerging environmental regulations may impact both global supply chains and Turkey's import volumes.
