Turkey’s rebar exports down 20.2 percent in January-October
In October this year, Turkey’s rebar exports amounted to 373,159 metric tons, down 25.8 percent compared to September and by 40.4 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $253.38 million, declining by 25.0 percent compared to September and by 41.5 percent year on year.
Meanwhile, in the January-October period of this year, Turkey’s rebar exports amounted to 4.92 million metric tons, down 20.2 percent year on year, while the revenue generated by these exports totaled $3.63 billion, moving down by 6.2 percent compared to the same period of 2021.
In the given period, Turkey’s largest rebar export destination was Israel which received 864,951 metric tons, down 4.9 percent year on year. Israel was followed by Yemen with 602,308 metric tons and the US with 341,255 metric tons.
Turkey’s top 10 rebar export destinations in January-October 2022:
|
Country |
Amount (mt) |
|
|
|
|
|
|
|
January-October 2022 |
January-October 2021 |
Y-o-y change (%) |
October 2022 |
October 2021 |
Y-o-y change (%) |
|
Israel |
864,951 |
909,311 |
-4.9 |
78,816 |
126,164 |
-37.5 |
|
Yemen |
602,308 |
746,947 |
-19.4 |
64,065 |
87,356 |
-26.7 |
|
US |
341,255 |
223,944 |
+52.4 |
10,236 |
16,455 |
-37.8 |
|
Canada |
240,734 |
260,870 |
-7.7 |
2,270 |
61,547 |
-96.3 |
|
Albania |
203,916 |
96,894 |
+110.5 |
7,780 |
18,667 |
-58.3 |
|
Jamaica |
160,938 |
169,760 |
-5.2 |
20,513 |
30,923 |
-33.7 |
|
Romania |
142,824 |
99,688 |
+43.3 |
– |
– |
– |
|
UK |
140,878 |
28,838 |
+388.5 |
10,546 |
7,316 |
+44.1 |
|
Senegal |
137,073 |
152,821 |
-10.3 |
8,191 |
35,195 |
-76.7 |
|
Peru |
128,644 |
284,796 |
-54.8 |
25,628 |
309 |
+91.7 |
Turkey’s main rebar export destinations on country basis in the January-October period this year are presented below:
