In July this year, Turkey's rebar export volume increased by 2.1 percent year on year and by 60.8 percent month on month to 337,409 metric tons, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these exports totaled $194.62 million, down 5.0 percent year on year and up 57.9 percent month on month.
In the January-July period, Turkey's rebar exports amounted to 1.91 million mt, up 9.7 percent, while the value of these exports decreased by 2.4 percent to $1.12 billion, both year on year.
In the first seven months this year, Turkey exported 388,953 mt of rebar to Yemen, up 5.6 percent year on year, with Yemen ranking as Turkey's leading rebar export destination, ahead of Romania which received 151,874 mt in the given period. Romania was followed by Albania with 104,882 mt.
Turkey's top 10 rebar export destinations in the January-July period are as follows:
Country |
Amount (mt) |
|
|
|
|
|
|
January-July 2023 |
January-July 2024 |
Y-o-y change (%) |
July 2023 |
July 2024 |
Y-o-y change (%) |
Yemen |
368,231 |
388,953 |
5.6 |
73,593 |
110,507 |
50.2 |
Romania |
8,141 |
151,874 |
>1000.0 |
1,302 |
24,785 |
>1000.0 |
Albania |
34,461 |
104,882 |
204.3 |
4,999 |
8,028 |
60.6 |
Ethiopia |
145,698 |
90,434 |
-37.9 |
32,376 |
16,738 |
-48.3 |
Northern Cyprus |
70,982 |
83,399 |
17.5 |
9,406 |
10,962 |
16.5 |
Israel |
378,277 |
75,972 |
-79.9 |
78,961 |
- |
- |
US |
79,939 |
73,595 |
-7.9 |
- |
14,780 |
- |
Djibouti |
48,069 |
67,702 |
40.8 |
23,161 |
15,833 |
-31.6 |
Panama |
70,117 |
65,040 |
-7.2 |
8,123 |
- |
- |
Syria |
46,192 |
63,013 |
36.4 |
10,019 |
12,214 |
21.9 |
Turkey's main rebar export destinations on country basis in the January-July period this year are presented below: