Turkey

The sharp fall in inbound arrivals during Turkey’s lockdown period in 2020 has had a marked impact on car rental sales. Car rental is strongly linked with inbound tourism in Turkey, with an unusually high percentage of car rental outlets located at ...

The effects of COVID-19 on both inbound and domestic lodging sales have been extreme. On the one hand, the virtual closure of the country’s airports at the beginning of lockdown has seen inbound tourist numbers plummet; on the other, quarantine ...

Intermediary companies are among the players hit hardest by the pandemic in Turkey’s travel industry. As a result of border closures, grounded flights, quarantine and acute consumer anxiety about the risks involved in travelling, large numbers of ...

COVID-19 has swept through the travel industry in Turkey, with border closures, flight cancellations and panic shutting down inbound travel, and quarantine, curfews and falling income hitting domestic travel. Incomes from air, car rental, hotel and ...

Tourism generates a significant share of Turkish GDP, and the effects of COVID-19 on both inbound and domestic flow are potentially catastrophic for the country. In both categories, trip numbers have plummeted thanks to border closures and internal ...

Airlines in Turkey are set to be severely impacted by the onset of COVID-19, reversing strong volume and value growth seen in recent years. The Turkish government reacted quickly to the pandemic, stopping flights from China and Iran before the ...

There was a slight rise in volume sales of LCD TVs in the early months of 2020 as some consumers sought to quickly upgrade their in-home home video options before settling in for the pandemic-related lockdown. However, access to brick-and-mortar ...

For a variety of reasons, retail volume sales in the struggling in-car entertainment category declined throughout the review period. Even in 2019, in-car navigation saw a considerable double-digit decline while in-car speakers and in-dash media ...

Other than some closures of stores during the early days of the COVID-19 pandemic which limited access to new mobile phones, it is likely that there will be little longer-term pandemic-related impact on the performance of mobile phones over 2020 on ...

Strong demand for wireless speakers continues in 2020, an exception in a category where other products such as portable media players and e-readers are seeing considerable double-digit volume sales declines. Indeed, it is clear that despite an ...

As a result of the COVID-19 outbreak and the subsequent voluntary quarantine implemented by the government, many Turks began spending considerably more time at home early in 2020, whether working, studying or simply spending time going online for ...

Volume sales of imaging devices continue to fall in 2020, and it is expected that the category will post a double-digit volume sales decline by the end of the year, an ongoing trend that has been observed over the past decade. In large part, declines...

For the most part, the impact of COVID-19 has been negligible on volume sales of consumer electronics thus far in 2020, and while declines in growth have slowed, volume sales are nevertheless still expected to remain in negative territory by the end ...

Admittedly starting from a small base, volume sales of all types of wearable electronics are nevertheless set to post robust rates of growth in 2020 in spite of the impact of COVID-19 on retailing in Turkey. Even high-priced smart wearables are ...

The home audio and cinema category, which has registered volume sales declines across the board in recent years, saw a slight boost in the first quarter of 2020 as some consumers, locked down at home as a result of the COVID-19 pandemic, sought to ...

Cider/perry is not popular in Turkey. These alcoholic drinks are not well known among the Turkish population and the main consumers of cider/perry are foreign tourists. However, despite the increasing tourism rates in the country over the review ...

Wine consumption grew strongly in both on-trade and off-trade terms in 2017 and 2018, driven by somewhat stronger consumer confidence and lower current price increases than other alcoholic drinks. Tourism also witnessed a significant increase, not ...

Total volume sales of alcoholic drinks had already recorded steep declines in 2019 as consumer confidence fell due to the economic crisis, high inflation, the recent devaluations of the local currency and Turkey’s increasing involvement in the Syrian...

Turkey continued to witness an uncertain economic situation in 2019, with steep price increases for imported products after the recent devaluations of the local currency and renewed political turmoil given the intensification of military activity in ...

Overall consumption of spirits was deeply affected by the economic crisis in Turkey in 2019. On-trade volumes were particularly adversely affected, with fewer Turks having the means to go out to eat and drink as frequently as in 2018....