The market is dominated by domestic suppliers, as imports account for 47.6% of total market size in 2023. Households drive market demand, with household spending representing 97.5% of total demand in 2023. Turkey has the eighth largest market size for jewellery and related articles regionally, with demand reaching USD2.5 billion in 2023. Atasay Kuyumculuk San ve Tic AS is the largest company in Turkey, generating 6.5% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 23.3% of total production value in 2023. The total number of companies increases in 2023, to 9,888 units. The costs of the industry increase by 14.8% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 15.1% of production value in 2023, the ninth highest regionally. The industry’s exports share decreases in 2023 to 81.8% of total production output. With production value of USD6.2 billion, Turkey accounts for 20.4% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Jewellery and Related Articles in Turkey: ISIC 3691. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Jewellery and Related Articles in Turkey: ISIC 3691 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Household Goods is an aggregation of Furniture, Jewellery and Related Articles, Musical Instruments; Imitation Jewellery, Brushes and Other Personal Items, Sports Goods, Toys and Games, Watches and Clocks.
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