In October this year, Turkey's rebar export volume decreased by 24.0 percent year on year and by 34.7 percent month on month to 219,578 metric tons, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these exports totaled $126.37 million, down 25.7 percent year on year and by 34.7 percent month on month.
In the January-October period, Turkey's rebar exports amounted to 2.76 million mt, down 1.6 percent, while the value of these exports decreased by 8.5 percent to $1.62 billion, both year on year.
In the first ten months this year, Turkey exported 510,697 mt of rebar to Yemen, down 10.5 percent year on year, with Yemen ranking as Turkey's leading rebar export destination, ahead of Romania which received 196,915 mt in the given period. Romania was followed by Albania with 179,198 mt.
Turkey's top 10 rebar export destinations in the January-October period are as follows:
Country |
Amount (mt) |
|
|
|
|
|
|
January-October 2023 |
January-October 2024 |
Y-o-y change (%) |
October 2023 |
October 2024 |
Y-o-y change (%) |
Yemen |
570,866 |
510,697 |
-10.5 |
18,870 |
54,969 |
191.3 |
Romania |
57,829 |
196,915 |
240.5 |
27,055 |
- |
- |
Albania |
64,287 |
179,198 |
178.7 |
14,246 |
16,128 |
13.2 |
Northern Cyprus |
106,256 |
128,734 |
21.2 |
11,254 |
15,404 |
36.9 |
Ethiopia |
231,849 |
124,284 |
-46.4 |
17,938 |
- |
- |
Syria |
76,120 |
107,382 |
41.1 |
10,005 |
17,932 |
79.2 |
Dominican Republic |
39,677 |
80,105 |
101.9 |
17,901 |
17,143 |
-4.2 |
Panama |
114,710 |
78,066 |
-31.9 |
19,831 |
- |
- |
Djibouti |
78,335 |
76,677 |
-2.1 |
11,360 |
- |
- |
Israel |
629,272 |
75,972 |
-87.9 |
39,605 |
- |
- |
Turkey's main rebar export destinations on country basis in the January-October period this year are presented below: