The market is dominated by domestic suppliers, as imports account for 48.1% of total market size in 2023. Investments drive market demand, with investments representing 75.8% of total demand in 2023. Turkey has the fourth largest market size for ships and boats regionally, with demand reaching USD6.9 billion in 2023. Istanbul Denizcilik Gemi Insa San ve Tic AS is the largest company in Turkey, generating 2.9% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 10.5% of total production value in 2023. The total number of companies increases in 2023, to 5,235 units. The costs of the industry increase by 27.9% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 31.2% of production value in 2023, the highest regionally. The industry’s exports share increases in 2023 to 36.2% of total production output. With production value of USD4.7 billion, Turkey accounts for 5.9% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Ships and Boats in Turkey: ISIC 351. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Ships and Boats in Turkey: ISIC 351 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of aircraft and spacecraft, motors vehicles, trailers and semi-trailers, motocycles, bicycles and other transport equipment, railway and tramway locomotives and rolling stock, and ships and boats.
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