The export of nickel and articles thereof from Turkey is expected to show a consistent upward trend from 2024 to 2028 based on forecasted data. In 2023, the export value stood at 90 million US dollars. Year-on-year, the predicted variations are as follows: an increase of 5.3% in 2024, 5.3% in 2025, 5% in 2026, 4.6% in 2027, and 4.3% in 2028. The Compound Annual Growth Rate (CAGR) over the last five years is projected to be approximately 4.7%.
Future trends to watch for include potential changes in global demand for nickel due to technological advancements and economic conditions, shifts in trade policies, and fluctuations in global prices of raw materials. Monitoring these factors will be crucial for anticipating further developments in Turkey's nickel export sector.
