GLASS INDUSTRY
SECTORIAL PROFILE 2008 / GLASSNumber of Firms* / 26
Employment* / 17.983
Production / 3,483 thousand tons
Consumption / 10 kg/year**
Exports / 220,1 million USD
Imports / 253,4 million USD
*Firms belonging to the Şişecam Group and number of employees.
** Estimation kg/year/person
THE GLASS INDUSTRY IN TURKEY
COMPANY PROFILE AND EMPLOYEMENT
Manufacture of all the main products, such as sheet glass (including cut glass products), household goods made of glass, glass packaging, fiberglass, glass wool and stone wool takes place with economies of scale in modern plants equipped with the largest technology. Production in the sector is realized by a large number of firms of varying sizes.
The biggest firms in the sector are Türkiye Şişe ve Cam Fabrikaları A.Ş. Güral, Toprak, Koyunlu, Marmara Cam, Koncam, İzocam and İzoToprak. In addition, there are a large number of small and medium-scale firms active in the sector which produces cut glass of various kinds.
Türkiye Şişe ve Cam Fabrikları A.Ş (Şişecam) has factories producing sheet glass, varieties of cut glass, domestic glassware, glass packaging and fiberglass. Güral, Toprak, Net, Arda, Akcam and Koncam manufacture domestic glassware, Marmara Cam manufactures glass packaging, İzocam produces glass wool and stone wool. İzoToprak manufactures glass wool.
The Şişecam factories, which were established in 1935, entered the world markets in the 1960’s and achieved major growth in the 1980’s. Şişecam accounts for about 90% of total glass production in Turkey.
There are 26 companies in the Şişecam Group, and there has been an increase of 0,6% over the previous year in the number of employees, which is now 17,028. 30 per cent of this total are employed in the company’s factories abroad.
All production of sheet glass in Turkey is realized by Trakya Cam, which is a member of the Şişecam Group. Trakya Cam is the leader in the sheet glass market in Turkey, and carries out production and investments in a total of 14 factories in 5 different places (Lüleburgaz, Mersin, Çayırova, Yenişehir and Bulgaria).
PRODUCTION AND CAPACITY
Turkey’s glass sector accounts for 8% of world production. Production of glass achieved a 20% increase in 2008, being approximately 3,5 million tones. Thirty five per cent of the production took place abroad.
The production capacity of glass, bar processed glass, in Turkey is more than 2 million tons/year. 42 % of which is flat glass; 30 % is glass packaging; around 18-20 %, household goods, and the remaining 10 % is glass fiber, glass/rock wool. All of the factories in this sector belong to the private sector. Since many companies in the sector are yet to be institutionalized, the sector is dominated by one company, namely, Şişecam. Although the share of foreign capital within the sector is small, the sector is attracting global investors, such as Schott-Orim JV. Domestic consumption, production, export and import values of the sector have been on the rise in recent years. Major product groups are flat glass, industrial containers and glassware goods.
SHEET GLASS
The sheet glass sector serves the construction sector with a wide range of products. Approximately 55% of consumption of sheet glass is accounted for by the construction sector. Sheet glass is used for the windows of buildings first and foremost (single glazing, multi-layer insulating glass and coated glass) and also for cut glass and decorative glass for ornamental purposes, laminated glass, tempered glass, mirrors, frosted glass, glass bricks.
It is Trakya Cam that leads in sheet glass production in Turkey, and with a production capacity of 4% of the world total, ranks in the world top eight; the company accounts for 13,1% of the sheet glass production capacity in Europe, and is in Europe’s top five.
Trakya Cam has further reinforced its powerful position in the markets and has obtained favourable results. The most important development of the year for the company was the opening of two sheet glass factories in Yenişehir (Bursa) on after the other. Thus, and increase of 50% was achieved in Turkey’s production capacity.
GLASS PACKAGING
Total world production of glass exceeds 110 million tons, and 50 million tons is accounted for by glass packaging.
Anadolu Cam ranks among the world’s top 5 companies in production of glass packaging and has taken its leadership in the region to new levels. Production at the 3 facilities in Turkey amounts to 795,000 tons a year, to 1,075,000 tons a year at the 4 facilities in the Russian Federation and to 30,000 tons a year at the facilities in Georgia, reaching a production capacity of 1.9 million tons a year. Anadolu Cam, which provided employment for 4.700 persons at its facilities in Turkey and aborad, obtains 48% of its sales revenues from its operations abroad.
CHEMICALS
With the chemicals it manufactures at its 20 production facilities in 5 different countries, Türkiye Şişe ve Cam Fabrikaları A.Ş. provides inputs to a number of industries, particularly glass, textiles, foodstruffs and animal feed.
While production of chemicals used in the glass industry amounted to 1,3 million tones in 2007, with an increase of 4% it reached 1.4 million tons in 2008. Soda Sanayii A.Ş. one of the sector’s main producers, has become a leader exporter in its own field.
ANNUAL PRODUCTION OF CHEMICALS (2004-2008)
YEARS / 2004 / 2005 / 2006 / 2007 / 2008PRODUCTION (000) TONS / 1,011 / 1,068 / 1,150 / 1,347 / 1,395
DEĞİŞİM (%) / - / 3,3 / 7,7 / 17,1 / 3,6
Source: Türkiye Şişe ve Cam Fabrikları A.Ş.
MULTI-LAYER INSULATION GLASS
Energy-saving considerations have made use of multi-layer insulation glass, generally known as double glazing, compulsory in Europe. In parallel with this implementation, manufacture of high-performance multi-layer insulation glass and coated glass is taking place in Turkey.
FIBREGLASS
Consumption of fiberglass, which is used as a reinforcing agent in the manufacture of composite material increased in 2008. Growth in its se in the pipe, automotive, construction-infrastructure, electrical-electronic and ship-building sectors accounts much of this increase.
GLASS WOOL
Glass wool, which is one of the mineral wools, is used as an insulation material.
GLASS MOSAIC
The glass mosaic industry has attracted attention all over the world in recent years and it has begun to occupy an important place in Turkey’s glass industry as well. Production of glass mosaic is done by glass and ceramic manufacturers.
SAFETY GLASS
Safety glass is produced by increasing its resistance to mechanical force and heat. Thus, when it breaks, it shatters into pieces the size of a dice, reducing the risk of injury. No changes take place in the colour of the glass as a result of the thermal processes applied.
OTHER GLASS PRODUCTS AND RAW MATERIALS
The basic raw materials used in manufacture of glass are quartz, dolomite and soda. Each of these raw materials is obtained in Turkey. Turkey satisfies about 2% of the world’s soda requirements and 10% of the needs of the European Union. About 20% of production costs are accounted for by soda.
DOMESTIC DEMAND AND CONSUMPTION
The glass industry is obliged to function at full capacity because of production conditions. This situation leads to production in excess of demand. More than half of the demand for glass from the construction sector is accounted for by the renewals market.
According to EU criteria at least 60% of glass must be recycled. This ratio is still around the 30% level in Turkey. However high costs of recycling may be, profit margins will not be affected much in the long run. Consumption of sheet glass is constantly increasing.
According to date obtained from Şişe ve Cam Fabrikaları A.Ş., net sales registered an increase of 16,2% in 2008, reaching 2,9 billion dollars. International sales deriving from exports and sales of products from the factories abroad achieved 1,4 billion dollars.
Per capita annual consumption of glass in Western Europe is 21 kg, while it only half that amount in Turkey. However, a potential for development exists.
EXPORTS
EXPORT VALUES OF GLASS* (2004-2009) (000 USD)
YEARS / 2004 / 2005 / 2006 / 2007 / 2008 / 2009 / Rate of Change 07-08 (%)Sheet glass, insulation glass, glass bricks / 60,827 / 55,218 / 59,842 / 74,838 / 126,063 / 93,090 / -26,2
Glass wool** / 80,290 / 81,396 / 80,765 / 83,486 / 94,009 / 76,637 / -18,5
Total / 141,117 / 136,614 / 140,607 / 158,324 / 220,072 / 169,727 / -22,9
Source: Undersecretariat of the Prime Ministry for Foreign Trade
*Embraces products bearing Customs Tariffs Statistical Positions number 7003,7004,7005,7008,7016
**Do not embrace Customs Tariffs Statistical Position 7019.
It is Kazakhstan, Italy and Russia which are Turkey’s biggest export markets for the sheet glass, multi-layered insulation glass and glass bricks; the biggest markets for glass wool are Germany, Italy and France.
VALUES OF GLASS EXPORTS (2008-2009)
Products / 2008 / 2009 / Rateof Change (%)Quantity (tons) / Value (000 USD) / Quantity (tons) / Value (000 USD) / Quantity / Value
Sheet Glass / 129,137 / 60,236, / 145,653 / 45,870 / 12,8 / -23,8
Industrial Glassware / 71,673 / 48,855 / 51,343 / 36,165 / -28,4 / -26,0
Domestic Glassware / 250,604 / 450,489 / 240,209 / 409,629 / -4,1 / -9,1
Fibreglass/Glass Wool / 49,161 / 96,589 / 46,173 / 79,258 / -6,1 / -17,9
Mirrors / 22,153 / 21,795 / 18,295 / 15,962 / -17,4 / -26,8
Multi-Layered Insulation Glass / 26,199 / 58,279 / 21,313 / 40,918 / -18,6 / -29,8
Safety Glass / 35,523 / 59,865 / 26,637 / 41,020 / -25,0 / -31,5
Cut Glass / 51,6560 / 87,900 / 36,119 / 58,599 / -30,1 / -33,3
Decorative Glassware / 485 / 7,362 / 561 / 5,943 / 15,7 / -19,3
Other / 8,784 / 26,518 / 8,575 / 37,000 / -2,4 / 39,5
Total / 645,375 / 917,888 / 594,878 / 770,364 / -7,8 / -16,1
Source:Records of the Turkish Exporter’s Assembly
IMPORTS
IMPORT VALUES OF GLASS* (2004-2009) (000 USD)
YEARS / 2004 / 2005 / 2006 / 2007 / 2008 / 2009 / Rate of Change 07-08 (%)Sheet glass, insulation glass, glass bricks / 65,447 / 100,838 / 159,993 / 190,415 / 133,113 / 97,554 / -26,7
Glass wool** / 593,905 / 66041 / 72,839 / 107,412 / 120,288 / 96,283 / -20,0
Total / 119,352 / 166,879 / 232,832 / 297,827 / 253,401 / 193,837 / -23,5
Source: Undersecretariat of the Prime Ministry for Foreign Trade
*Embraces products bearing Customs Tariffs Statistical Positions number 7003,7004,7005,7008,7016
**Do not embrace Customs Tariffs Statistical Position 7019.
AN OVERVIEW OF THE TUKISH GLASS INDUSTRY
BUILDING GLASS INDUSTRY
PRODUCTION
Glass industry is one of the major industries which contribute to the construction industry in Turkey. Historically, glass production dates back to the Seljuk Period. Furthermore, substantial improvements were achieved in the 17th and 18th Centuries during the Ottoman Empire.
At present, ‘Türkiye Şişe ve Cam Fab. A.Ş.’ is a group of companies in the sector which accounts for approximately 90% of the annual total production. The company also has various packaging and chemical raw material and financial companies besides its glass production companies. In recent years the group has bought two foreign plants, on in Bulgaria and one in Georgia, as a result of its expansion strategies in abroad as well as in Turkey. The Group has also invested in various plants in the Russian Federation. The Group has jointly established a plant for glass fibre reinforce plastics production by Mitra. Türkiye Şişe ve Cam Fab. A.Ş. is the eighth manufacturer in the world with its 4% share in terms of production capacity and the fifth in Europe with its flat glass production.
There are about 20 medium and small scale firms dealing with production in the sector other than T.Şişe ve Cam Fab. A.Ş. and a certain number of small ones also. Turkish glass industry has a highly intensive production technology and a vast accumulation of know-how.
Excluding China, Turkey is the second largest and fastest growing market in the world with one million ton/year consumption after Russia. The Turkish glass industry constitutes 8% of world production.
EXPORTS
In recent years, exports of the building glass industry have had an upward trend. While in 2007-2008, exports of the building glass industry were valued at USD 300 million and USD 377 million, in 2009 exports decreased to USD 283 million.
In 2009, the largest export product of the industry was safety glass (USD 116 million) with share of 41%. The second item was glass wool (USD 76 million) with share of 27%. Insulation glass with an export value of USD 40 million and with a share of 16% was the third largest product for Turkish building glass exports. The fourth product group was flat glass with an export value of USD 39 million and with a share of 14%. The last product group was flat glass with an export value of USD 39 million and with a share of 14%. The last product group was glass mosaics and blocks with an export value of USD 9 million and with a share of 3%.
EXPORTS OF BUILDING GLASS PRODUCTS (VALUE: USD 1000
HS CODES / PRODUCTS / 2007 / 2008 / 2009 / % SHARE OF COUNTRIES IN 20097005 / Flat Glass / 24 796 / 51 245 / 39 965 / Egypt (18), Bulgaria (10), Syria (9), Iraq (8)
7007 / Safety Glass / 149 029 / 163 371 / 116 613 / Romania (13), Germany (11), Italy (8), the UK (8)
7008 / Insulation Glass / 35 668 / 60 306 / 40 103 / Azerbaijan (12), Turkmenistan (11), Romania (9), Kazakhstan (8)
7016 / Glass Blocks and Mosaics / 7,941 / 8,902 / 9,622 / Libya (14), Iraq (12), Italy (11), Azerbaijan (11)
7019 / Glass Wool / 83 486 / 94 008 / 76 703 / Germany (13), Italy (12), France (6), Iran (6)
Total / 300 920 / 377 832 / 283 005 / Germany (9), Romania (8), Italy (8), France (4)
Source: Undersecretariat for Foreign Trade
In 2009 building glass products were exported to 137 countries in the world. The European Union has a share of 45% in the building glass exports of Turkey. In the same year, major markets for Turkish building glass products are Germany (9%), Romania (8%), Italy (8%) and France (4%).
Turkish building glass products are exhibited in international and local fairs organized in Turkey. In 2010 fairs will be organized in Turkey.
- WINDOW EURASIA (Window, Door, Glass and Technologies Fair) in Istanbul in February,
- ISTANBUL WINDOW (Window, Glass Technolog, Accessories and Side Industries Fair) in Istanbul in March
- INTERNATIONAL TURKEYBUILD ISTANBUL FAIR (International Buildning Construction Materials and Technologies Fair) in May in Istanbul
- YAPEX WINDOOR FAIR (Window-Door Systems, Accessories and Equipments Fair) in Antalya in October
- INTERNATIONAL TURKEYBUILD ANKARA FAIR (International Building, Construction Materials and Technologies Fair) in October in Ankara
- INTERNATIONAL TURKEYBUILD IZMIR FAIR (International Building Construction Materials and Technologies Fair) in October in Izmir.
Trade fairs held in Turkey, related to the sector are listed at web site which is an official web site of the Union and Chambers of Commodity Exchanges of Turkey.
NUMBER OF HOUSEHOLDS BY OWNERSHIP STATUS HOUSING UNIT
NUMBER OF HOUSEHOLDS BY OWNERSHIP STATUS OF HOUSING UNITOwnership status
Province / Total number
of households / Owner / Tenant / Lodgement / Not owner but
not paying rent / Other / Unknown
Total / 15 070 093 / 10 290 843 / 3 604 367 / 310 347 / 730 065 / 125 452 / 9 019
Adana / 402 243 / 273 054 / 89 329 / 6 784 / 27 410 / 5 504 / 162
Adıyaman / 104 577 / 79 860 / 17 884 / 2 488 / 3 655 / 549 / 141
Afyon / 164 452 / 128 879 / 26 260 / 2 514 / 5 774 / 970 / 55
Ağrı / 70 475 / 59 805 / 6 888 / 2 313 / 1 129 / 263 / 77
Amasya / 81 325 / 59 696 / 16 163 / 2 138 / 2 945 / 369 / 14
Ankara / 1 018 371 / 597 310 / 319 097 / 37 675 / 55 857 / 8 022 / 410
Antalya / 383 339 / 251 975 / 101 445 / 5 996 / 19 565 / 4 255 / 103
Artvin / 46 210 / 34 653 / 8 045 / 2 170 / 1 103 / 227 / 12
Aydın / 251 330 / 182 358 / 47 640 / 3 586 / 14 167 / 3 472 / 107
Balıkesir / 314 022 / 228 077 / 61 583 / 5 964 / 16 556 / 1 790 / 52
Bilecik / 49 779 / 34 855 / 11 030 / 1 508 / 2 115 / 251 / 20
Bingöl / 39 870 / 29 443 / 7 590 / 1 547 / 841 / 421 / 28
Bitlis / 49 046 / 36 947 / 7 965 / 2 120 / 1 237 / 676 / 101
Bolu / 62 802 / 41 751 / 12 785 / 2 043 / 4 675 / 1 529 / 19
Burdur / 71 122 / 55 419 / 10 910 / 1 219 / 3 242 / 322 / 10
Bursa / 545 391 / 353 275 / 143 638 / 6 335 / 39 081 / 2 798 / 264
Çanakkale / 137 036 / 101 722 / 23 888 / 3 232 / 7 175 / 994 / 25
Çankırı / 51 123 / 38 447 / 8 757 / 1 650 / 1 488 / 713 / 68
Çorum / 135 438 / 102 373 / 25 279 / 2 366 / 4 727 / 649 / 44
Denizli / 223 089 / 153 994 / 52 123 / 2 728 / 12 707 / 1 469 / 68
Diyarbakır / 205 208 / 145 603 / 44 817 / 6 760 / 5 570 / 2 270 / 188
Edirne / 103 229 / 77 252 / 16 140 / 3 428 / 5 609 / 774 / 26
Elazığ / 112 463 / 78 921 / 26 611 / 3 485 / 2 478 / 861 / 107
Erzincan / 61 028 / 44 217 / 11 385 / 3 498 / 1 618 / 279 / 31
Erzurum / 163 147 / 122 028 / 29 485 / 7 387 / 3 474 / 687 / 86
Eskişehir / 190 284 / 126 448 / 47 467 / 4 780 / 10 096 / 1 468 / 25
Gaziantep / 248 213 / 162 888 / 65 738 / 3 777 / 13 262 / 2 349 / 199
Giresun / 114 269 / 87 982 / 20 574 / 1 843 / 3 397 / 449 / 24
Gümüşhane / 35 035 / 27 941 / 4 919 / 1 019 / 982 / 145 / 29
Hakkari / 27 400 / 20 779 / 4 460 / 1 261 / 659 / 214 / 27
Hatay / 260 027 / 194 634 / 42 602 / 5 520 / 14 925 / 2 268 / 78
Isparta / 109 015 / 76 138 / 25 097 / 1 995 / 4 952 / 766 / 67
İçel / 367 445 / 251 232 / 85 571 / 4 583 / 18 900 / 6 912 / 247
İstanbul / 2 550 607 / 1 476 687 / 893 427 / 28 100 / 131 662 / 17 425 / 3 306
İzmir / 922 729 / 591 974 / 249 897 / 14 642 / 58 618 / 7 254 / 344
Kars / 55 506 / 43 938 / 7 041 / 3 107 / 1 193 / 208 / 19
Kastamonu / 91 673 / 71 964 / 13 739 / 3 248 / 2 269 / 427 / 26
Kayseri / 236 030 / 165 259 / 55 729 / 4 324 / 8 903 / 1 645 / 170
Kırklareli / 86 175 / 63 691 / 14 907 / 2 990 / 4 139 / 424 / 24
Kırşehir / 56 637 / 40 478 / 12 630 / 979 / 2 152 / 375 / 23
Kocaeli / 283 708 / 170 597 / 77 056 / 5 582 / 23 003 / 7 402 / 68
Konya / 444 354 / 325 093 / 92 201 / 7 624 / 16 308 / 2 882 / 246
Kütahya / 152 276 / 110 110 / 30 061 / 3 981 / 7 347 / 724 / 53
Malatya / 163 718 / 120 188 / 33 684 / 4 491 / 4 576 / 716 / 63
Manisa / 323 491 / 241 749 / 56 293 / 4 793 / 18 827 / 1 795 / 34
K.Maraş / 185 792 / 139 882 / 32 584 / 4 665 / 6 864 / 1 731 / 66
Mardin / 92 440 / 69 883 / 15 838 / 2 872 / 3 119 / 674 / 54
Muğla / 191 547 / 137 897 / 37 613 / 5 561 / 8 928 / 1 521 / 27
Muş / 55 926 / 46 483 / 5 933 / 1 802 / 1 389 / 294 / 25
Nevşehir / 69 178 / 51 824 / 12 718 / 1 044 / 3 213 / 358 / 21
Niğde / 74 911 / 59 249 / 11 753 / 1 181 / 2 254 / 454 / 20
Ordu / 175 998 / 138 621 / 29 138 / 2 358 / 5 147 / 675 / 59
Rize / 75 484 / 58 111 / 13 157 / 1 598 / 2 211 / 368 / 39
Sakarya / 167 487 / 114 311 / 31 845 / 3 508 / 12 764 / 4 985 / 74
Samsun / 265 702 / 195 909 / 53 844 / 5 021 / 10 036 / 815 / 77
Siirt / 34 873 / 25 639 / 5 811 / 1 880 / 1 159 / 344 / 40
Sinop / 54 848 / 42 870 / 8 791 / 1 453 / 1 534 / 192 / 8
Sivas / 147 831 / 110 455 / 26 934 / 5 142 / 4 352 / 855 / 93
Tekirdağ / 159 569 / 108 941 / 36 938 / 4 345 / 7 991 / 1 280 / 74
Tokat / 147 277 / 116 113 / 24 879 / 2 373 / 3 308 / 510 / 94
Trabzon / 192 851 / 139 816 / 42 634 / 2 940 / 6 306 / 1 040 / 115
Tunceli / 19 066 / 12 150 / 4 294 / 1 716 / 685 / 214 / 7
Ş.Urfa / 210 046 / 165 182 / 30 843 / 4 505 / 5 590 / 3 677 / 249
Uşak / 82 802 / 59 167 / 17 371 / 1 156 / 4 765 / 320 / 23
Van / 118 514 / 97 017 / 15 132 / 3 023 / 2 738 / 551 / 53
Yozgat / 125 915 / 96 398 / 23 348 / 1 929 / 2 894 / 1 256 / 90
Zonguldak / 145 593 / 102 384 / 31 375 / 5 385 / 5 953 / 484 / 12
Aksaray / 78 455 / 58 142 / 15 829 / 985 / 3 013 / 439 / 47
Bayburt / 17 940 / 13 792 / 2 846 / 591 / 643 / 58 / 10
Karaman / 57 907 / 41 190 / 12 832 / 796 / 2 714 / 350 / 25
Kırıkkale / 78 760 / 54 961 / 18 279 / 1 752 / 3 378 / 361 / 29
Batman / 61 550 / 44 074 / 13 653 / 1 516 / 1 896 / 333 / 78
Şırnak / 39 873 / 31 522 / 5 497 / 1 494 / 1 082 / 246 / 32
Bartın / 43 285 / 34 336 / 6 617 / 850 / 1 367 / 111 / 4
Ardahan / 24 778 / 20 983 / 2 288 / 886 / 550 / 70 / 1
Iğdır / 28 167 / 22 853 / 3 706 / 695 / 773 / 130 / 10
Yalova / 42 765 / 24 149 / 10 330 / 1 065 / 5 785 / 1 433 / 3
Karabük / 58 413 / 40 442 / 12 335 / 2 062 / 3 255 / 314 / 5
Kilis / 22 755 / 17 289 / 3 884 / 436 / 999 / 96 / 51
Osmaniye / 91 368 / 70 130 / 15 422 / 1 171 / 3 803 / 765 / 77
Düzce / 65 720 / 46 994 / 8 246 / 1 018 / 7 239 / 2 186 / 37
Source: TURKSTAT
CONSTRUCTION PERMIT
CONSTRUCTION PERMITNew buildings and additions by structural system and material
A Number of buildings B Floor area (m²) C Value (TL)
Frame construction / Bearing wall construction
Year / Total / Reinforced concrete / Wood / Hollow concrete block / Brick / Stone / Sun-dried brick / Other
2000 / A / 79 140 / 71 794 / 64 / 101 / 7 062 / 112 / 6 / 1
B / 61 694 941 / 60 163 915 / 8 715 / 30 819 / 1 463 286 / 26 575 / 1 331 / 300
C / 7 141 019 688 / 7 017 909 136 / 739 179 / 2 610 330 / 118 354 314 / 1 322 496 / 61 940 / 22 293
2001 / A / 77 430 / 69 794 / 168 / 75 / 7 351 / 34 / 7 / 1
B / 57 449 494 / 56 013 558 / 37 747 / 11 552 / 1 379 852 / 6 106 / 606 / 73
C / 10 547 936 096 / 10 373 590 081 / 4 653 395 / 1 412 210 / 167 785 680 / 439 865 / 44 284 / 10 581
2002 / A / 43 430 / 39 474 / 194 / 73 / 3 584 / 103 / - / 2
B / 36 187 021 / 35 321 983 / 33 354 / 12 060 / 797 394 / 21 980 / - / 250
C / 8 945 190 204 / 8 809 464 508 / 5 691 521 / 1 902 682 / 125 944 673 / 2 156 604 / - / 30 216
2003 / A / 50 140 / 46 549 / 92 / 71 / 3 309 / 119 / - / -
B / 45 516 030 / 44 725 614 / 14 390 / 12 589 / 743 788 / 19 649 / - / -
C / 13 626 845 773 / 13 478 243 495 / 2 847 547 / 2 410 726 / 140 974 037 / 2 369 968 / - / -
2004 / A / 75 495 / 70 349 / 688 / 142 / 4 148 / 168 / - / -
B / 69 719 611 / 68 147 612 / 629 213 / 35 156 / 864 933 / 42 697 / - / -
C / 24 108 198 467 / 23 688 710 750 / 216 536 126 / 7 817 051 / 189 134 608 / 5 999 932 / - / -
2005 / A / 114 254 / 106 952 / 773 / 566 / 6 262 / 298 / 40 / -
B / 106 424 587 / 104 939 745 / 1 021 875 / 86 182 / 1 282 995 / 67 193 / 5 605 / -
C / 40 529 421 744 / 40 177 117 319 / 374 245 167 / 20 250 761 / 309 983 869 / 10 248 321 / 896 070 / -
2006 / A / 114 204 / 107 147 / 248 / 894 / 5 727 / 155 / 5 / 28
B / 122 909 886 / 121 209 736 / 113 982 / 209 260 / 1 328 205 / 40 704 / 4 753 / 3 246
C / 56 195 862 967 / 55 704 119 914 / 41 388 230 / 58 600 035 / 382 346 379 / 7 430 726 / 904 518 / 1 073 165
2007 / A / 106 659 / 99 572 / 166 / 831 / 5 989 / 80 / 3 / 18
B / 125 067 023 / 123 442 871 / 30 749 / 188 192 / 1 388 414 / 14 105 / 936 / 1 756
C / 61 300 286 560 / 60 789 378 914 / 12 206 184 / 58 034 048 / 437 182 680 / 2 742 761 / 137 783 / 604 190
2008 / A / 95 193 / 87 537 / 339 / 976 / 6 149 / 85 / 3 / 83
B / 103 846 233 / 102 385 068 / 73 102 / 166 478 / 1 179 618 / 15 495 / 370 / 20 855
C / 59 006 449 177 / 58 492 102 165 / 35 017 038 / 57 956 203 / 407 363 631 / 3 434 247 / 67 302 / 8 245 672
2009 / A / 92 342 / 84 698 / 310 / 1 013 / 6 160 / 78 / 2 / 81
B / 100 726 544 / 98 984 912 / 64 892 / 338 656 / 1 297 682 / 17 955 / 357 / 22 090
C / 54 367 862 313 / 53 789 036 473 / 23 679 102 / 113 984 543 / 428 592 892 / 3 939 657 / 67 975 / 8 561 671
Not:1) 2005, 2006, 2007, 2008 yılı bilgileri YTL'dir
Note: 1) The information for the years 2005, 2006, 2007, 2008 are TRY.
Source: TURKSTAT
CONSTRUCTION PERMITNew buildings and additions by use of building,
A. Number of buildings B. Floor area (m²) C. Value (TL) D. Number of dwelling units
one dwelling buildings / Two and more dwelling buildings / Residences for communities / Hotel and similar buildings / Office buildings / Wholesale and retail trade buildings / Traffic and communication buildings / Industrial buildings and warehouses / Public entertainment, education, hospital or institutional care buildings / Other nonresidential buildings
YEARS / TOTAL
2 003 / A / 50 140 / 15 650 / 26 634 / 90 / 894 / 779 / 2 921 / 53 / 2 061 / 478 / 580
B / 45 516 030 / 3 090 711 / 29 420 976 / 210 222 / 1 526 099 / 1 556 230 / 3 028 571 / 214 078 / 4 863 005 / 1 252 236 / 353 902
C / 13 626 845 773 / 885 810 805 / 8 781 170 859 / 62 650 836 / 485 032 237 / 470 913 485 / 896 792 339 / 62 950 951 / 1500 666 450 / 381 288 354 / 99 569 457
D / 202 854 / 15 663 / 186 574 / 2 / 11 / 70 / 417 / 12 / 44 / 15 / 46
2 004 / A / 75 495 / 22 831 / 42 455 / 140 / 1 061 / 777 / 3 934 / 46 / 2 712 / 751 / 788
B / 69 719 611 / 4 212 588 / 46 867 563 / 562 645 / 1 749 678 / 1 532 349 / 4 357 464 / 132 982 / 7 324 986 / 2 083 228 / 896 128
C / 24 108 198 467 / 1 405 807 075 / 16 180 457 607 / 194 480 055 / 608 193 613 / 539 961 371 / 1526 308 443 / 46 081 521 / 2555 160 368 / 732 896 195 / 318 852 219
D / 330 446 / 22 905 / 306 869 / 3 / 14 / 33 / 507 / 56 / 7 / 52
2 005 / A / 114 254 / 34 520 / 64 700 / 237 / 1 467 / 1 101 / 5 748 / 82 / 3 378 / 1 274 / 1 747
B / 106 424 587 / 6 392 661 / 75 905 337 / 534 127 / 2 294 077 / 2 368 295 / 5 595 632 / 302 988 / 7 966 094 / 3 606 022 / 1 459 354
C / 40 529 421 744 / 2 387 673 275 / 28 976 098 510 / 202 030 320 / 905 456 382 / 915 201 326 / 2125 144 597 / 122 216 835 / 2999 914 046 / 1362 056 331 / 533 630 122
D / 546 618 / 34 528 / 510 808 / 10 / 4 / 60 / 1 012 / 14 / 68 / 23 / 91
2 006 / A / 114 204 / 28 582 / 70 869 / 371 / 1 419 / 2 551 / 4 138 / 178 / 3 067 / 1 263 / 1 766
B / 122 909 886 / 5 792 310 / 87 149 466 / 824 897 / 2 149 512 / 4 574 876 / 7 030 834 / 584 127 / 8 721 263 / 4 559 213 / 1 523 388
C / 56 195 862 967 / 2 634 290 043 / 39 887 905 341 / 365 647 816 / 973 255 063 / 2103 509 459 / 3311 251 439 / 284 450 682 / 3897 218 420 / 2075 054 189 / 663 280 515
D / 600 387 / 29 843 / 567 943 / 11 / 40 / 299 / 1 752 / 28 / 137 / 32 / 302
2 007 / A / 106 659 / 24 163 / 67 447 / 328 / 877 / 2 798 / 3 498 / 234 / 3 696 / 1 313 / 2 305
B / 125 067 023 / 4 492 882 / 85 314 318 / 750 692 / 3 218 292 / 4 788 842 / 7 596 872 / 896 654 / 10 608 756 / 5 027 849 / 2 371 866
C / 61 300 286 560 / 2 095 534 551 / 42 792 747 490 / 359 945 995 / 1147 215 750 / 2367 104 747 / 3557 273 744 / 472 998 802 / 5004 292 136 / 2397 204 442 / 1105 968 903
D / 584 955 / 25 178 / 555 851 / 1 / 32 / 347 / 2 860 / 75 / 238 / 68 / 305
2 008 / A / 95 193 / 22 753 / 58 250 / 374 / 1 239 / 2 132 / 3 570 / 247 / 2 939 / 1 382 / 2 307
B / 103 846 233 / 4 185 174 / 70 155 633 / 818 449 / 2 339 043 / 4 115 098 / 7 320 543 / 810 799 / 6 992 750 / 5 212 324 / 1 896 420
C / 59 006 449 177 / 2 202 363 395 / 40 290 185 910 / 450 832 355 / 1 281 069 477 / 2 322 964 500 / 4 182 128 454 / 477 765 246 / 3 851 398 957 / 2 934 837 118 / 1 012 903 765
D / 503 565 / 23 108 / 477 897 / 15 / 13 / 143 / 2 131 / 20 / 83 / 38 / 117
2 009 / A / 92 342 / 19 736 / 59 285 / 346 / 1 064 / 1 571 / 4 094 / 212 / 2 756 / 1 330 / 1 948
B / 100 726 544 / 3 753 485 / 74 158 683 / 980 781 / 1 476 416 / 3 483 742 / 5 180 246 / 661 592 / 4 418 828 / 5 132 042 / 1 480 729
C / 54 367 862 313 / 1 879 484 673 / 40 437 696 623 / 510 313 307 / 771 565 907 / 1 879 724 560 / 2 796 465 024 / 360 196 233 / 2 280 266 045 / 2 709 637 553 / 742 512 388
D / 518 475 / 19 733 / 496 496 / 5 / 43 / 278 / 1 602 / 2 / 187 / 47 / 82
NOTE: 1) CC Classification system has been started to use since 2004 and data does not exist for the previous years. But once data has been produced according to CC since 2002.
2) The information for the years 2005, 2006, 2007, 2008 are TRY.
Source: TURKSTAT
BUILDING CONSTRUCTION COST INDEX, TURKEY
Building Construction Cost Index, Turkey[2005 = 100]
Use of building
Building (Residential Buildings + Other usage) / Two and more dwelling residential buildings (A) / One dwelling residential buildings (E) / Residential buildings (A+E) / Other buildings (Commercial, administrative, medical buildings, schools)
Labour, / Quarter / Average / Quarter / Average / Quarter / Average / Quarter / Average / Quarter / Average
Code / and materials / Year / I / II / III / IV / I / II / III / IV / I / II / III / IV / I / II / III / IV / I / II / III / IV
Genel / 2005 / 98,44 / 98,65 / 100,97 / 101,93 / 100,00 / 98,48 / 98,67 / 100,96 / 101,89 / 100,00 / 97,98 / 98,64 / 101,08 / 102,30 / 100,00 / 98,42 / 98,67 / 100,98 / 101,93 / 100,00 / 98,49 / 98,62 / 100,96 / 101,93 / 100,00
toplam / 2006 / 105,63 / 118,86 / 119,73 / 119,72 / 115,98 / 105,59 / 118,76 / 119,61 / 119,58 / 115,88 / 106,00 / 118,35 / 119,57 / 120,02 / 115,99 / 105,63 / 118,71 / 119,61 / 119,63 / 115,89 / 105,62 / 119,25 / 120,06 / 120,00 / 116,23
General / 2007 / 124,53 / 125,75 / 125,89 / 126,56 / 125,68 / 124,38 / 125,54 / 125,73 / 126,40 / 125,51 / 124,38 / 125,88 / 126,13 / 126,89 / 125,82 / 124,38 / 125,57 / 125,78 / 126,45 / 125,55 / 124,93 / 126,25 / 126,22 / 126,85 / 126,06
total / 2008 / 138,79 / 153,78 / 142,16 / 136,62 / 142,84 / 139,09 / 154,16 / 142,60 / 136,99 / 143,21 / 136,69 / 148,66 / 140,46 / 136,94 / 140,69 / 138,83 / 153,56 / 142,37 / 136,98 / 142,94 / 138,67 / 154,37 / 141,58 / 135,60 / 142,56
2009 / 135,44 / 136,62 / 137,37 / 137,47 / 136,73 / 135,83 / 136,99 / 137,69 / 137,73 / 137,06 / 136,17 / 137,36 / 138,36 / 138,63 / 137,63 / 135,87 / 137,03 / 137,76 / 137,83 / 137,12 / 134,24 / 135,50 / 136,29 / 136,46 / 135,62
2010 / 142,26 / 142,49 / 142,42 / 142,48 / 141,66
İşçilikler / 2005 / 95,17 / 97,23 / 102,36 / 105,24 / 100,00 / 95,15 / 97,22 / 102,37 / 105,26 / 100,00 / 95,26 / 97,24 / 102,32 / 105,17 / 100,00 / 95,16 / 97,22 / 102,36 / 105,25 / 100,00 / 95,19 / 97,26 / 102,35 / 105,21 / 100,00
toplamı / 2006 / 112,01 / 121,27 / 126,57 / 127,51 / 121,84 / 112,06 / 121,34 / 126,66 / 127,61 / 121,92 / 111,88 / 121,08 / 126,27 / 127,19 / 121,61 / 112,04 / 121,32 / 126,62 / 127,57 / 121,88 / 111,95 / 121,14 / 126,43 / 127,37 / 121,72
Labour / 2007 / 132,12 / 137,87 / 139,44 / 141,71 / 137,78 / 132,16 / 137,94 / 139,51 / 141,76 / 137,84 / 131,88 / 137,46 / 139,05 / 141,39 / 137,45 / 132,13 / 137,89 / 139,46 / 141,72 / 137,80 / 132,08 / 137,82 / 139,39 / 141,68 / 137,74
total / 2008 / 148,69 / 152,72 / 157,37 / 156,57 / 153,84 / 148,74 / 152,75 / 157,39 / 156,64 / 153,88 / 148,43 / 152,52 / 157,18 / 156,23 / 153,59 / 148,71 / 152,73 / 157,37 / 156,59 / 153,85 / 148,64 / 152,71 / 157,37 / 156,51 / 153,81
2009 / 156,44 / 158,36 / 159,09 / 160,27 / 158,54 / 156,49 / 158,39 / 159,11 / 160,27 / 158,57 / 156,10 / 158,06 / 158,80 / 160,06 / 158,26 / 156,45 / 158,35 / 159,08 / 160,25 / 158,53 / 156,43 / 158,37 / 159,11 / 160,34 / 158,56
2010 / 162,60 / 162,59 / 162,42 / 162,57 / 162,69
Malzemeler / 2005 / 99,29 / 99,02 / 100,61 / 101,08 / 100,00 / 99,35 / 99,05 / 100,60 / 101,01 / 100,00 / 98,74 / 99,03 / 100,74 / 101,49 / 100,00 / 99,28 / 99,05 / 100,61 / 101,06 / 100,00 / 99,31 / 98,96 / 100,62 / 101,11 / 100,00
toplamı / 2006 / 103,97 / 118,23 / 117,95 / 117,70 / 114,46 / 103,89 / 118,08 / 117,77 / 117,48 / 114,31 / 104,36 / 117,59 / 117,69 / 118,01 / 114,41 / 103,94 / 118,03 / 117,76 / 117,54 / 114,32 / 104,04 / 118,78 / 118,47 / 118,15 / 114,86
Materials / 2007 / 122,56 / 122,60 / 122,37 / 122,62 / 122,54 / 122,35 / 122,29 / 122,14 / 122,39 / 122,29 / 122,28 / 122,64 / 122,51 / 122,83 / 122,56 / 122,34 / 122,33 / 122,18 / 122,43 / 122,32 / 123,14 / 123,35 / 122,92 / 123,14 / 123,14
total / 2008 / 136,22 / 154,04 / 138,20 / 131,44 / 139,98 / 136,57 / 154,53 / 138,73 / 131,86 / 140,42 / 133,39 / 147,58 / 135,77 / 131,54 / 137,07 / 136,23 / 153,78 / 138,41 / 131,82 / 140,06 / 136,18 / 154,79 / 137,63 / 130,37 / 139,74
2009 / 129,98 / 130,98 / 131,73 / 131,55 / 131,06 / 130,43 / 131,40 / 132,09 / 131,84 / 131,44 / 130,59 / 131,56 / 132,63 / 132,62 / 131,85 / 130,45 / 131,41 / 132,15 / 131,93 / 131,48 / 128,70 / 129,78 / 130,59 / 130,49 / 129,89
2010 / 136,98 / 137,23 / 136,82 / 137,19 / 136,40
Source: TURKSTAT
CONSTRUCTION PERMIT – NEW BUILDINGS AND ADDITIONS BY TYPE OF INVESTORS
CONSTRUCTION PERMITNEW BUILDINGS AND ADDITIONS BY TYPE OF INVESTOR
A. Number of buildings B. Floor area (m²) C. Value (TL)
YEAR / TOTAL / PRIVATE SECTOR / CONSTRUCTION COOPERATIVE / PUBLIC SECTOR
2000 / A / 79 140 / 62 154 / 12 664 / 4 322
B / 61 694 941 / 43 780 528 / 11 190 779 / 6 723 634
C / 7 141 019 688 / 4 990 416 776 / 1 312 630 215 / 837 972 697
2001 / A / 77 430 / 65 235 / 8 649 / 3 546
B / 57 449 494 / 44 047 722 / 7 754 472 / 5 647 300
C / 10 547 936 096 / 8 048 495 179 / 1 478 611 288 / 1 020 829 629
2002 / A / 43 430 / 36 379 / 4 928 / 2 123
B / 36 187 021 / 28 241 254 / 4 446 122 / 3 499 645
C / 8 945 190 204 / 6 963 211 170 / 1 111 334 886 / 870 644 148
2003 / A / 50 140 / 42 972 / 4 911 / 2 257
B / 45 516 030 / 37 759 415 / 4 444 900 / 3 311 715
C / 13 626 845 773 / 11 303 300 562 / 1 317 320 518 / 1 006 224 693
2004 / A / 75 495 / 67 592 / 5 793 / 2 110
B / 69 719 611 / 58 868 532 / 5 771 760 / 5 079 319
C / 24 108 198 467 / 20 253 655 016 / 1 986 354 160 / 1 868 189 291
2005 / A / 114 254 / 102 802 / 6 809 / 4 643
B / 106 424 587 / 87 973 288 / 7 218 013 / 11 233 286
C / 40 529 421 744 / 33 410 483 846 / 2 777 802 354 / 4 341 135 544
2006 / A / 114 204 / 105 206 / 6 005 / 2 993
B / 122 909 886 / 102 733 264 / 10 798 286 / 9 378 336
C / 56 195 862 967 / 47 031 892 287 / 4 891 295 986 / 4 272 674 694
2007 / A / 106 659 / 96 840 / 5 194 / 4 625
B / 125 067 023 / 105 763 741 / 8 308 582 / 10 994 700
C / 61 300 286 560 / 51 846 694 149 / 3 974 329 977 / 5 479 262 434
2008 / A / 95 193 / 85 175 / 3 556 / 6 462
B / 103 846 233 / 82 567 705 / 6 084 524 / 15 194 004
C / 59 006 449 177 / 46 943 638 432 / 3 432 728 485 / 8 630 082 260
2009 / A / 92 342 / 4 977 / 81 839 / 5 526
B / 100 726 544 / 13 826 570 / 79 963 328 / 6 936 646
C / 54 367 862 313 / 7 489 150 777 / 43 186 496 663 / 3 692 214 873
Note: 1) The information for the years 2005, 2006, 2007, 2008 are TRY.
Source: TURKSTAT
OCCUPANCY PERMIT – COMPLETED OR PARTIALLY COMPLETED NEW BUILDINGS AND ADDITIONS BY STRUCTURAL SYSTEM AND MATERIAL
OCCUPANCY PERMITCompleted or partially completed new buildings and additions by structural system and material
A. Number of buildings B. Floor area (m²) C. Value (TL)
Number of buildings Floor area (m²) Value (TL)
Frame construction / Bearing wall construction
Hollow
Reinforced / concrete / Sun-dried
Year / Total / concrete / Wood / block / Brick / Stone / brick / Other
2000 / A / 90 849 / 84 400 / - / 14 / 6 308 / 126 / 1 / -
B / 42 462 925 / 41 305 994 / - / 1 411 / 1 123 002 / 32 294 / 224 / -
C / 4 879 976 504 / 4 787 262 135 / - / 81 242 / 90 863 120 / 1 759 188 / 10 819 / -
2001 / A / 86 155 / 79 392 / 42 / 17 / 6 647 / 54 / 3 / -
B / 40 178 879 / 39 088 777 / 5 784 / 2 258 / 1 071 089 / 10 426 / 545 / -
C / 7 417 320 699 / 7 282 769 335 / 741 211 / 270 893 / 132 666 409 / 832 926 / 39 925 / -
2002 / A / 47 094 / 44 061 / 108 / 52 / 2 829 / 41 / - / 3
B / 31 676 425 / 31 059 792 / 31 302 / 9 483 / 565 639 / 9 549 / - / 660
C / 7 634 637 406 / 7 536 957 523 / 4 985 921 / 1 507 790 / 90 185 096 / 922 631 / - / 78 445
2003 / A / 41 342 / 38 732 / 26 / 26 / 2 548 / 9 / - / 1
B / 30 936 681 / 30 411 420 / 4 589 / 4 232 / 514 678 / 1 758 / - / 4
C / 9 037 065 131 / 8 936 572 283 / 1 051 024 / 845 351 / 98 377 694 / 218 051 / - / 728
2004 / A / 40 792 / 37 141 / 122 / 32 / 3 454 / 43 / - / -
B / 31 028 172 / 30 336 616 / 71 454 / 7 054 / 606 136 / 6 912 / - / -
C / 10 306 575 645 / 10 148 689 169 / 23 276 076 / 1 514 447 / 132 134 676 / 961 277 / - / -
2005 / A / 64 126 / 59 527 / 113 / 133 / 4 137 / 211 / 5 / -
B / 50 324 600 / 49 361 001 / 42 156 / 22 601 / 842 071 / 52 534 / 4 237 / -
C / 18 445 263 149 / 18 216 360 369 / 11 482 534 / 5 503 417 / 203 244 256 / 8 013 858 / 658 715 / -
2006 / A / 73 383 / 68 121 / 188 / 523 / 4 391 / 152 / 7 / 1
B / 57 207 320 / 56 058 778 / 43 005 / 160 658 / 910 445 / 33 173 / 1 113 / 148
C / 25 050 689 452 / 24 721 138 139 / 12 889 516 / 48 441 409 / 261 831 052 / 6 157 995 / 181 742 / 49 599
2007 / A / 68 056 / 64 029 / 168 / 497 / 3 290 / 54 / 4 / 14
B / 63 403 212 / 62 550 520 / 49 569 / 123 959 / 665 336 / 12 113 / 558 / 1 157
C / 30 416 729 696 / 30 157 015 981 / 16 010 253 / 38 158 408 / 202 642 478 / 2 456 066 / 108 418 / 338 092
2008 / A / 76 069 / 71 799 / 166 / 507 / 3 496 / 64 / 1 / 36
B / 70 957 036 / 70 000 393 / 135 953 / 103 323 / 694 014 / 15 085 / 11 / 8 257
C / 39 002 256 405 / 38 648 258 277 / 73 913 688 / 34 559 094 / 238 812 697 / 3 517 492 / 2 944 / 5 186 956
2009 / A / 79 577 / 75 185 / 199 / 464 / 3 613 / 81 / 1 / 34
B / 80 763 646 / 79 549 940 / 72 251 / 134 558 / 975 412 / 21 428 / 80 / 9 977
C / 42 160 011 308 / 41 747 421 758 / 26 419 988 / 44 527 573 / 332 956 420 / 4 758 632 / 15 066 / 3 911 871
Note: 1) The information for the years 2005, 2006, 2007, 2008 are TRY.
Source: TURKSTAT
GDP GROWTH
SERIES NAME / UNIT / 2001 / 2002 / 2003 / 2004 / 2005 / 2006 / 2007 / 2008 / 2009 / 2010NOMINAL GDP / BIL USD / 196.01 / 232.53 / 303.01 / 392.16 / 482.99 / 530.92 / 647.14 / 730.33 / 615.48 / 730.04
EXCHANGE RATE LCU:US$ (AV) / TRY/USD / 1.23 / 1.51 / 1.5 / 1.43 / 1.34 / 1.43 / 1.3 / 1.3 / 1.55 / 1.51
CONSUMER PRICES (% CHANGE PA; END-PERIOD) / % / 68.49 / 29.71 / 18.39 / 9.36 / 7.72 / 9.65 / 8.39 / 10.06 / 6.53 / 9.6
PRODUCER PRICES (% CHANGE PA; AV) / % / 61.63 / 50.1 / 22.67 / 14.56 / 5.89 / 9.34 / 6.31 / 12.72 / 1.24 / 8.5
SERIES NAME / UNIT / 2011 / 2012 / 2013 / 2014 / 2015 / 2016 / 2017 / 2018 / 2019 / 2020
NOMINAL GDP / BIL USD / 813.74 / 887.65 / 968.45 / 1,054.64 / 1,140.92 / 1,231.55 / 1,328.05 / 1,432.09 / 1,545.52 / 1,671.43
EXCHANGE RATE LCU:US$ (AV) / TRY/USD / 1.5 / 1.5 / 1.5 / 1.49 / 1.53 / 1.57 / 1.6 / 1.63 / 1.65 / 1.67
CONSUMER PRICES (% CHANGE PA; END-PERIOD) / % / 7.5 / 5.1 / 4.4 / 4 / 8.5 / 6.5 / 6.2 / 5.9 / 5.6 / 5.4
PRODUCER PRICES (% CHANGE PA; AV) / % / 6.5 / 5.5 / 4.5 / 4 / N.A. / N.A. / N.A. / N.A. / N.A. / N.A.
LEGEND FOR FONTS: Actual = Black; Forecast = Green
Source: EIU Database/Forecast – May 2010
TURNOVER IN CONSTRUCTION DECREASED BY 19.0%.
The Quarterly Turnover Index in Construction with the base year 2005=100 and calculated according to the NACE Rev.1.1 classification decreased by 19.0% in the first quarter of 2010 compared to the same quarter of the previous year.Turnover Index in Building Construction fell down from 89.0 to 77.3 decreasing by 13.2%; Turnover Index in Civil Engineering fell down from 85.1 to 60.6, decreasing by 28.8% compared to the same quarter of the previous year.
PRODUCTION IN CONSTRUCTION INCREASED BY 5.6%.
The Quarterly Production Index in Construction increased by 5.6% in the first quarter of 2010 compared to the same quarter of the previous year. While Production Index in Building Construction reached from 73.4 to 85.8, increasing by 16.8%; Production Index in Civil Engineering fell down from 124.1 to 88.1, decreasing by 29.0% compared to the same quarter of the previous year.
Source: TURKSTAT