B2B drives market demand, with B2B spending representing 66.9% of total demand in 2023. Turkey has the sixth largest market size for forming of metal and powder metallurgy regionally, with demand reaching USD2.5 billion in 2023. Parsan Makina Parcalari Sani AS is the largest company in Turkey, generating 4.2% of the industry’s total production value in 2023. The industry is fragmented, with the top four companies generating 10.0% of total production value in 2023. The total number of companies increases in 2023, to 7,942 units. The costs of the industry increase by 20.8% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 33.3% of production value in 2023, the highest regionally. With production value of USD2.2 billion, Turkey accounts for 2.6% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Forming of Metal and Powder Metallurgy in Turkey: ISIC 2891. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Forming of Metal and Powder Metallurgy in Turkey: ISIC 2891 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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