Sector Assessments Before MAKTEK Eurasia 2026 and the Chinese Market
Murat Akyüz, President of the Machine Tools Association, evaluated the consequences of additional taxes imposed on China and global competition conditions.
Speaking ahead of the MAKTEK Eurasia 2026 fair to be held in Istanbul, Murat Akyüz, President of the Machine Tools Industrialists and Business Association, stated that China's share in the Turkish market has increased and made statements regarding machinery investments and productivity.
Machinery Investments and Productivity
It was emphasized that mechanization, automation, and productivity investments must be increased for Turkey to strengthen its position in global competition.
It was stated that in machinery investments, which accelerated after COVID-19, the failure to correctly match machinery, tools, and measurement systems leads to productivity losses.
Increase in China's Market Share
It was stated that China's share in Turkey's machinery market has risen from 5 percent to 20 percent.
It was noted that additional taxes applied to China produced results contrary to what was targeted and that this situation benefited Chinese manufacturers.
Global Competition and Incentives
It was reported that with Japan including 17 critical sectors within the scope of incentives, Japanese machine sales in Turkey increased in the first seven months of the year.
It was stated that as a result of changes experienced in the sector, Taiwanese manufacturers have started establishing factories in China to make sales.
Labor and Financing Costs
It was recorded that Turkey's exports of machine tools have fallen behind the levels reached in the past and that current figures have changed.
It was stated that the low labor cost advantage provided in the past is no longer sustainable and that financing and labor costs are challenging industrialists.