The market is dominated by domestic suppliers, as imports account for 7.6% of total market size in 2024. Investments drive market demand, with investments representing 55.3% of total demand in 2024. Turkey has the second largest market size for weapons and ammunition regionally, with demand reaching USD7.1 billion in 2024. Makina Ve Kimya Endustrisi Kurumu Genel Mudurlugu is the largest company in Turkey, generating 9.6% of the industry’s total production value in 2024. The industry is fragmented, with the top five companies generating 17.4% of total production value in 2024. The total number of companies increases in 2024, to 2,745 units. The costs of the industry increase by 1.9% in 2024, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 25.1% of production value in 2024, the second highest regionally. The industry’s exports share increases in 2024 to 27.6% of total production output. With production value of USD7.9 billion, Turkey accounts for 22.9% of the Western Europe total in 2024.
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This Euromonitor industrial report provides unique information on Weapons and Ammunition in Turkey: ISIC 2927. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Weapons and Ammunition in Turkey: ISIC 2927 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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