The market is dominated by domestic suppliers, as imports account for 36.7% of total market size in 2024. Investments drive market demand, with investments representing 56.2% of total demand in 2024. Turkey has the fifth largest market size for machinery for metallurgy regionally, with demand reaching USD418 million in 2024. Germaksan Makina San ve Tic Ltd Sti is the largest company in Turkey, generating 2.5% of the industry’s total production value in 2024. The industry is fragmented, with the top three companies generating 4.4% of total production value in 2024. The total number of companies decreases in 2024, to 1,345 units. The costs of the industry increase by 0.2% in 2024, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 26.0% of production value in 2024, the highest regionally. The industry’s exports share decreases in 2024 to 35.4% of total production output. With production value of USD347 million, Turkey accounts for 3.3% of the Western Europe total in 2024.
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This Euromonitor industrial report provides unique information on Machinery for Metallurgy in Turkey: ISIC 2923. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Machinery for Metallurgy in Turkey: ISIC 2923 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of general purpose machinery and special purpose machinery.
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