Turkey’s rebar exports decrease by 48 percent in January-August
In August this year, Turkey’s rebar exports amounted to 370,830 metric tons, up by 12.1 percent compared to July and down by 35.8 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $218.56 million, rising by 6.4 percent compared to the previous month and declining by 42.7 percent year on year.
Meanwhile, in the January-August period of this year, Turkey’s rebar exports amounted to 2.10 million metric tons, down by 48.0 percent compared to the same period last year, while the revenue generated by these exports totaled $1.37 billion, falling by 55.0 percent year on year.
Turkey’s top 10 rebar export destinations in the first eight months of this year:
|
Country |
Amount (mt) |
|
|
|
|
|
|
|
January-August 2023 |
January-August 2022 |
Y-o-y change (%) |
August 2023 |
August 2022 |
Y-o-y change (%) |
|
Israel |
480,278 |
697,908 |
-31.2 |
102,087 |
84,250 |
+21.2 |
|
Yemen |
424,455 |
486,532 |
-12.8 |
55,630 |
83,996 |
-33.8 |
|
Ethiopia |
193,750 |
60,391 |
+220.8 |
48,052 |
10,343 |
+364.6 |
|
Senegal |
87,486 |
127,929 |
-31.6 |
11,899 |
39,754 |
-70.1 |
|
Panama |
84,277 |
71,879 |
+17.2 |
14,264 |
3,683 |
+287.3 |
|
Northern Cyprus |
82,250 |
55,331 |
+48.7 |
11,805 |
6,475 |
+823.0 |
|
US |
79,939 |
325,322 |
-75.4 |
– |
47,876 |
– |
|
Jamaica |
67,392 |
131,431 |
-48.7 |
– |
10,934 |
– |
|
Djibouti |
61,211 |
59,906 |
+2.2 |
13,141 |
13,692 |
-4.0 |
|
Syria |
50,049 |
61,226 |
-18.3 |
13,035 |
12,331 |
+5,7 |
Turkey’s main rebar export destinations on country basis in the January-August period this year are presented below:
