The market is dominated by foreign suppliers, as imports account for 53.1% of total market size in 2023. B2B drives market demand, with B2B spending representing 43.1% of total demand in 2023. Turkey has the fifth largest market size for metal packaging, wire and other fabricated metal products regionally, with demand reaching USD9.9 billion in 2023. The total number of companies increases in 2023, to 19,956 units. The costs of the industry increase by 23.5% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 37.0% of production value in 2023, the highest regionally. The industry’s exports share decreases in 2023 to 63.5% of total production output. With production value of USD11.0 billion, Turkey accounts for 8.9% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Metal Packaging, Wire and Other Fabricated Metal Products in Turkey: ISIC 2899. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Metal Packaging, Wire and Other Fabricated Metal Products in Turkey: ISIC 2899 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of basic iron and steel, basic preciuos and non-ferrous metals, casting of metals, coating of metals and mechanical engineering, forming of metal and power metallurgy, metal packaking, wire and other fabricated metal products.
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