The market is dominated by domestic suppliers, as imports account for 27.8% of total market size in 2023. Households drive market demand, with household spending representing 58.8% of total demand in 2023. Turkey has the third largest market size for grain mill products regionally, with demand reaching USD9.8 billion in 2023. Ulusoy Un San ve Tic AS is the largest company in Turkey, generating 7.2% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 17.9% of total production value in 2023. The total number of companies increases in 2023, to 6,214 units. The costs of the industry increase by 10.9% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 30.6% of production value in 2023, the highest regionally. The industry’s exports share decreases in 2023 to 28.4% of total production output. With production value of USD8.1 billion, Turkey accounts for 15.9% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Grain Mill Products in Turkey: ISIC 1531. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Grain Mill Products in Turkey: ISIC 1531 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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