The market is dominated by foreign suppliers, as imports account for 57.6% of total market size in 2024. Households drive market demand, with household spending representing 65.9% of total demand in 2024. Turkey has the sixth largest market size for accumulators, primary cells and primary batteries regionally, with demand reaching USD3.4 billion in 2024. Mutlu Akü ve Malzemeleri San AS is the largest company in Turkey, generating 16.8% of the industry’s total production value in 2024. The industry is fragmented, with the top two companies generating 25.0% of total production value in 2024. The total number of companies increases in 2024, to 748 units. The costs of the industry increase by 5.4% in 2024, largely driven by rising B2B costs. The industry’s profitability increases and stands at 3.7% of production value in 2024, the fifth highest regionally. The industry’s exports share increases in 2024 to 34.5% of total production output. With production value of USD1.9 billion, Turkey accounts for 8.1% of the Western Europe total in 2024.
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This Euromonitor industrial report provides unique information on Accumulators, Primary Cells and Primary Batteries in Turkey: ISIC 314. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Accumulators, Primary Cells and Primary Batteries in Turkey: ISIC 314 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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