In 2023, Europe stood out as Arcelik's largest market, generating over three billion euros in the region that year. This represents aa sharp decrease of over two billion euros compared to the previous year, which is partially attributable to the drop in value of the Turkish Lira compared to the previous year. Meanwhile, the company's home market of Turkey generated just shy of three billion euros in revenue in 2023. Overall, the Turkish appliance manufacturer saw its regional revenues increase over the board in 2022, before dropping again in 2023.
Revenue of Arcelik worldwide from 2014 to 2023, by region
(in million euros)
* Figures for each year have been converted from Turkish Lira to Euros using the exchange rate on December 31st of that respective year. Figures for 2023 were converted at an exchange rate of 1 TRY - 0.0307 EUR (Dec. 31, 2023).
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Arçelik. (April 4, 2024). Revenue of Arcelik worldwide from 2014 to 2023, by region (in million euros) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/513366/arcelik-revenue-by-region/
Arçelik. "Revenue of Arcelik worldwide from 2014 to 2023, by region (in million euros)." Chart. April 4, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/513366/arcelik-revenue-by-region/
Arçelik. (2024). Revenue of Arcelik worldwide from 2014 to 2023, by region (in million euros). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/513366/arcelik-revenue-by-region/
Arçelik. "Revenue of Arcelik Worldwide from 2014 to 2023, by Region (in Million Euros)." Statista, Statista Inc., 4 Apr 2024, https://www.statista.com/statistics/513366/arcelik-revenue-by-region/
Arçelik, Revenue of Arcelik worldwide from 2014 to 2023, by region (in million euros) Statista, https://www.statista.com/statistics/513366/arcelik-revenue-by-region/ (last visited November 21, 2024)
Revenue of Arcelik worldwide from 2014 to 2023, by region (in million euros) [Graph], Arçelik, April 4, 2024. [Online]. Available: https://www.statista.com/statistics/513366/arcelik-revenue-by-region/
