The market is dominated by domestic suppliers, as imports account for 6.5% of total market size in 2023. B2B drives market demand, with B2B spending representing 82.7% of total demand in 2023. Turkey has the sixth largest market size for cement, stone and ceramic products regionally, with demand reaching USD16.4 billion in 2023. Cimentas Izmir Cimento Fabrikasi Turk AS is the largest company in Turkey, generating 4.7% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 11.7% of total production value in 2023. The total number of companies increases in 2023, to 33,712 units. The costs of the industry increase by 0.3% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 40.3% of production value in 2023, the highest regionally. The industry’s exports share decreases in 2023 to 38.3% of total production output. With production value of USD21.8 billion, Turkey accounts for 9.5% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Cement, Stone and Ceramic Products in Turkey: ISIC 269. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Cement, Stone and Ceramic Products in Turkey: ISIC 269 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Non-metalic Mineral Products is an aggregation of Quarrying of Stone, Sand and Clay; Cement, Stone and Ceramic Products; Glass and Glass Prodcuts.
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