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Turkish rebar exports down 1.6 percent in January-October

Tuesday, 03 December 2024 12:44:02 (GMT+3)   |   Istanbul
       

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:

 


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