Manufacture of machinery for mining, quarrying revenue in Turkey 2013-2022
Initial projections for the medium term demonstrated a 6 percent growth in revenues. However, the outbreak of the corona virus has thrown all industry and supply chains operations off gear and the forecasted growth at this point in time seems rather far-fetched. Turkish mineral exports are expected to take a major hit, as many nations around the globe have closed their borders for an indefinite period of time. Moreover, coal prices are projected to touch decade low figures, which will have a significant impact on producers during the short to medium term.