The market is dominated by domestic suppliers, as imports account for 17.8% of total market size in 2023. Investments drive market demand, with investments representing 69.8% of total demand in 2023. Turkey has the sixth largest market size for machinery for food, beverage and tobacco processing regionally, with demand reaching USD2.6 billion in 2023. Imas Makina San AS is the largest company in Turkey, generating 0.5% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 1.6% of total production value in 2023. The total number of companies increases in 2023, to 3,722 units. The costs of the industry increase by 27.4% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 42.6% of production value in 2023, the highest regionally. The industry’s exports share decreases in 2023 to 27.3% of total production output. With production value of USD2.6 billion, Turkey accounts for 7.1% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Machinery for Food, Beverage and Tobacco Processing in Turkey: ISIC 2925. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Machinery for Food, Beverage and Tobacco Processing in Turkey: ISIC 2925 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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