Market Report, "Tourism Flows Outbound in Turkey", published

From: Fast Market Research, Inc.
Published: Wed Sep 03 2014

In 2013 outbound tourism flows in Turkey saw above-average growth of 28% in volume terms and 24% growth in current value terms. These were better performances compared with the review period CAGRs of 9% in volume terms and 13% in current value terms. At the end of the review period outbound trips saw significant increases or decreases in the number of trips to different countries. For example, the number of trips to Syria declined significantly due to the political conflict in the country. Outbound trips to the UK, France and Germany declined largely due to the strict visa issuing policies of these countries for Turkish nationals. Thus, Turkish citizens preferred to visit countries with looser or no visa requirements. The number of trips to Russia and Ukraine, for example, increased by 4% and 34% respectively in 2013.

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Industry Prospects

Over the forecast period the number of departures is predicted to increase by a CAGR of 19%, compared with a CAGR of 9% over the review period. Also, outgoing tourist expenditure is expected to see a value CAGR of 6% at constant 2013 prices, compared with a CAGR of 5% over the review period. Improved economic conditions and a smoother political situation are expected in the country over the forecast period, which is expected to drive growth both in volume and value terms. Also, competitive flight prices and package holiday offers, together with an increasing level of education in the country, which translates into greater interest in visiting other countries, are expected to have an effect on growth.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Tourism Flows Outbound industry in Turkey with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Tourism Flows Outbound industry in Turkey, our research will save you time and money while empowering you to make informed, profitable decisions.

The Tourism Flows Outbound in Turkey market research report includes:

* Analysis of key supply-side and demand trends
* Detailed segmentation
* Historic volumes and values
* Five year forecasts of market trends and market growth  
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* What is the market size of Tourism Flows Outbound in Turkey?
* How big is outbound travel in terms of departures and spending?
* Which international destinations are the most popular?
* What are main methods of transport for travelling abroad?

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