In March this year, Turkey's rebar export volume increased by 8.8 percent year on year and decreased by 23.8 percent month on month to 227,559 metric tons, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these exports totaled $135.59 million, down 7.04 percent year on year and 24.3 percent month on month.
In the January-March period, Turkey's rebar exports amounted to 793,983 mt, up 8.9 percent, while the value of these exports decreased by 4.2 percent to $469.61 million, both year on year.
In the given period, Turkey exported 136,886 mt of rebar to Yemen, down 18.4 percent year on year, with Yemen ranking as Turkey's leading rebar export destination, ahead of Romania which received 85,053 mt in the given period. Romania was followed by Israel with 65,199 mt, down 57.1 percent year on year.
Turkey's top 10 rebar export destinations in the January-March period are as follows:
Country |
Amount (mt) |
|
|
|
|
|
|
January-March 2023 |
January-March 2024 |
Y-o-y change (%) |
March 2023 |
March 2024 |
Y-o-y change (%) |
Yemen |
167,708 |
136,886 |
-18.4 |
31,081 |
40,783 |
31.2 |
Romania |
5,958 |
85,053 |
>1000.0 |
- |
35,189 |
- |
Israel |
152,026 |
65,199 |
-57.1 |
39,078 |
15,054 |
-61.5 |
Albania |
11,037 |
59,379 |
438.0 |
6,028 |
23,753 |
294.0 |
Ethiopia |
56,282 |
35,832 |
-36.3 |
19,999 |
9,102 |
-54.5 |
Northern Cyprus |
34,667 |
34,989 |
0.9 |
15,292 |
12,341 |
-19.3 |
US |
49,571 |
32,566 |
-34.3 |
16,732 |
- |
- |
Panama |
38,829 |
30,719 |
-20.9 |
6,483 |
13,901 |
114.4 |
Peru |
- |
30,505 |
- |
- |
- |
- |
Turkey's main rebar export destinations on country basis in the January-March period this year are presented below: