In February this year, Turkey's rebar export volume increased by 44.6 percent year on year and by 13.9 percent month on month to 304,980 metric tons, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these exports totaled $182.88 million, up 28.3 percent year on year and by 18.1 percent month on month.
In the January-February period, Turkey's rebar exports amounted to 572,828 mt, up 10.3 percent, while the value of these exports decreased by 1.9 percent to $337.70 million, both year on year.
In the given period, Turkey exported 102,521 mt of rebar to Yemen, down 25.0 percent year on year, with Yemen ranking as Turkey's leading rebar export destination, ahead of Israel which received 49,990 mt in the given period, down 55.7 year on year.
Turkey's top 10 rebar export destinations in the January-February period are as follows:
Country |
Amount (mt) |
|
|
|
|
|
|
January- February 2023 |
January-February 2024 |
Y-o-y change (%) |
February 2023 |
February 2024 |
Y-o-y change (%) |
Yemen |
136,627 |
102,521 |
-25.0 |
56,416 |
30,025 |
-46.8 |
Israel |
112,948 |
49,990 |
-55.7 |
45,806 |
30,314 |
-33.8 |
Romania |
5,958 |
49,863 |
736.9 |
959 |
43,235 |
>1000.0 |
Albania |
5,009 |
35,625 |
611.2 |
- |
14,629 |
- |
US |
32,839 |
32,566 |
-0.8 |
- |
- |
- |
Peru |
- |
30,505 |
- |
- |
26,005 |
- |
Ethiopia |
36,283 |
27,023 |
-25.5 |
9,144 |
27,023 |
195.5 |
Northern Cyprus |
19,375 |
22,606 |
16.7 |
10,913 |
11,490 |
5.3 |
United Kingdom |
14 |
19,509 |
>1000.0 |
14 |
12,009 |
>1000.0 |
Panama |
32,347 |
16,818 |
-48.0 |
11,878 |
16,818 |
41.6 |
Turkey's main rebar export destinations on country basis in the January-February period this year are presented below: