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In 2014, the production value of the furniture manufacturing industry in Turkey increased by 550 million euros (+9.05 percent) since 2013. Therefore, the production value in Turkey reached a peak in 2014 with 6.6 billion euros. Notably, the production value in this industry continuously increased over the last years.
The production value is defined as turnover, plus or minus the changes in stocks of finished products, work in progress and goods and services purchased for resale, minus the purchases of goods and services for resale, plus capitalized production, plus other operating income (excluding subsidies). Income and expenditure classified as financial or extra-ordinary in company accounts is excluded from production value.