The import value of parts and accessories for shotguns or rifles to Turkey stood at USD 2.3767 million in 2023. Over the past two years, the year-on-year growth showed a 0.22% rise in 2023, following a 5.5% increase in 2022. Over the last five years, the average annual growth rate (CAGR) has been relatively stable at around 0.56%.
From a broader perspective, the values have significantly dropped since 2013, when the imports peaked at USD 4.6947 million, indicating a broader long-term decline. Nonetheless, after consistent reductions from 2013 through 2017, import values have stabilized and remained relatively stable from 2018 onwards.
Future trends to watch for:
- Technological advancements influencing the nature and type of parts and accessories being imported.
- Geopolitical relations and policy changes affecting trade regulations and tariffs.
- The domestic market demand for firearms and the corresponding need for parts and accessories.