The market is dominated by domestic suppliers, as imports account for 26.5% of total market size in 2023. Households drive market demand, with household spending representing 86.0% of total demand in 2023. Turkey has the eighth largest market size for spirits regionally, with demand reaching USD1.3 billion in 2023. Allco Icecek Sanayi AS is the largest company in Turkey, generating 2.5% of the industry’s total production value in 2023. The industry is fragmented, with the top three companies generating 2.9% of total production value in 2023. The total number of companies increases in 2023, to 374 units. The costs of the industry increase by 14.2% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 34.4% of production value in 2023, the highest regionally. The industry’s exports share decreases in 2023 to 4.5% of total production output. With production value of USD255 million, Turkey accounts for 1.1% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Spirits in Turkey: ISIC 1551. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Spirits in Turkey: ISIC 1551 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of food, beverages, and tobacco products.
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