The forecast for the import of chocolate to Turkey shows a steady increase from 2024 to 2028, with values rising from 107.67 million USD to 114.17 million USD. In 2023, the value of chocolate imports was 106.50 million USD. The year-on-year percentage increase is 1.56% from 2023 to 2024, and a gradual upward trend is observed over the subsequent years: 1.56% (2025), 1.50% (2026), 1.44% (2027), and 1.40% (2028). The compound annual growth rate (CAGR) over this period is approximately 1.49%.
Future trends to watch for include:
- Changes in consumer preferences towards higher-quality or specialty chocolate.
- Fluctuations in global cocoa prices which could impact import values.
- Potential economic policies or regulations affecting trade and import taxes.
- Growth in local production which might influence import demand.
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