TURKISH CONSTRUCTION EQUIPMENT INDUSTRY

Turkish is the 4th biggest Market in Europe

It is the 11th biggest CE market in the world
It is the 9th biggest country in the construction equipment manufacturing Industry
The Turkish CE machinery market sector has been the fastest growing in the world after China and India during the last 8 years
660 companies, 100 manufacturing companies, 300 sub-industry companies have operated in Turkey for the past 70 years
The local demand is met by 45 % manufacturers and 55% distributors
17.500 are laboring in the Construction Equipment sector and 9,500 are laboring in the manufacturing industry
Annual average turnover is 6.2 billion USD
Export to 127 countries (25 in the EU)
40 % export rate (the average of all manufacturing)
1,6 Billion USD invested during the last 10 years
Average 61,5 % Domestic Product Usage ( Deficit Reduction ); The country demand has been covered by 80 % of domestic manufacturing
Construction Equipment Manufacturing conforms with EU & CE standards,
Manufacturing is customs tax free for exports to Europe due to customs unification agreement
61.000 units of Earth Moving machinery (maximum at 7 years old) are being operated.
Earth Moving machines have been produced for 40 years in Turkey
In the contracting industry Turkey is the 2nd place
Gross sales of new machinery is 90 billion USD / Construction equipment turnover is approximately 220 billion USD in the world

2014 sales are expected to total 17.500 units (2011 –11.160 Units)
2014 exports are expected to total 3 Billion USD (2011 -1,5 Billion USD)
2014 imports are expected to total 6 Billion USD (2011 -3.3 Billion USD)
2014 turnover is expected to total 12 Billion USD ( 2011 – 6,2 Billion USD )
2014 domestic sales are expected to increase 45-50% due to domestic manufacturers ( 2011 - %40 increased )
2014 manufacturing and export rate is expected to increase to 65% (2011 - % 40 )

2023 EXPORT 10 billion USD (reached with a 6,6 times growth rate based on 2011)
2023 IMPORT 10 billion USD (3 times growth is expected based on 2011)
2023 sectoral trade volume is expected to total 30 billion USD ( 2011 – 6,2 Billion USD )
2023 it is expected that Turkey will be the 6th biggest market in the world
2023 it is expected that Turkey will be the biggest construction .equipment market in Europe
2002 EXPORT 162 Million USD / 2011 export 1.5 billion USD-9,3 times growth in 9 years
2002 İMPORT 526 Million USD / 2011 import 3,4 billion USD-6,4 times growth in 9 years
2002 Sales 1.768 unit/ 2012 Sales 11.160 unit
2023 it is expected that sales units will reach the level of 30.000 units (at least, 2,5 times growth)