Türkiye’s major appliance exports decline by 4.3% in August
Durable goods are seen on sale in a store in Los Angeles, California, U.S., March 24, 2017. (Reuters Photo)
Türkiye’s major appliance sector experienced a decline in exports and domestic sales in August, according to data released by the Turkish White Goods Manufacturers Association (TURKBESD).
The report shows significant drops across key metrics, reflecting the sector’s challenging market conditions.
Monthly, annual declines in August
In August, domestic sales of major appliances decreased by 15.3% year-on-year, while exports saw a 4.3% decline.
Production also experienced a significant drop, falling by 13.4% compared to the same month in 2023.
On a monthly basis, domestic sales dropped by 21%, production decreased by 13.1% and exports fell by 2.3% in August.
Year-to-date performance
Despite the challenging figures in August, the January-August period showed mixed results.
Major appliance production increased by 0.8% compared to the same period last year. Domestic sales also rose, posting a 6.6% increase.
However, exports over the eight months declined by 2.2%.
