The import of Chemical Pulps of Other Fibrous Material to Turkey has shown significant variation over the past decade. Starting at a value of 241.75 thousand US dollars in 2013, imports dropped sharply in 2014 and 2015, with a major decline of 56.81% in 2014. Despite a slight recovery in 2015, the trend remained negative until 2016. 2017 saw a dramatic 322.41% increase, reaching 466.02 thousand US dollars. This growth continued with fluctuations, peaking at 661.3 thousand US dollars in 2022, with a moderate year-on-year increment of 4.85%. In 2023, imports stood at 691.26 thousand US dollars, having grown by 4.53% from the previous year.
Between 2024 and 2028, forecasts project consistent growth with a CAGR of 3.2%, indicating a stable increase in import value year-on-year, reaching an estimated 847.77 thousand US dollars by 2028. This represents an overall forecasted growth rate of 17.07% over the five years.
Future trends to watch for include:
- Geopolitical and economic developments that could impact trade policies and tariffs.
- Technological advancements in the chemical pulp industry affecting production and importation standards.
- Local supply chain improvements impacting the reliance on imported chemical pulps.
