Recent Study: Home Laundry Appliances in Turkey
In 2014, home laundry appliances was hit by sharp price increases, with an overall current value unit price growth of 15% from 2013 despite inflation of only around 7% in the year. This was due to a sharp weakening of the Turkish lira against the euro and US dollar. While many leading players operate Turkish production facilities, notably dominant player Arcelik, they are also strongly reliant on imported inputs. A surge in energy prices also resulted in players being forced...
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