In December last year, Turkey’s cold rolled coil (CRC) imports increased by 31.3 percent month on month and declined by 15.0 percent year on year to 48,506 mt, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports was $38.81 million, increasing by 28.7 percent compared to November and falling by 37.8 percent year on year.
Meanwhile, in 2022, Turkey’s CRC imports amounted to 687,574 metric tons, down 13.5 percent year on year, while the revenue generated by these imports totaled $692.16 million, falling by 8.7 percent compared to 2021.
In the given year, Russia ranked first among Turkey’s CRC import sources, supplying 301,428 mt, down 7.1 percent year on year. Meanwhile, in 2022, Turkey’s CRC imports from South Korea totaled 126,695 mt.
Turkey’s main CRC import sources in 2022 are as follows:
Country |
Amount (mt) |
|
|
|
|
|
|
2022 |
2021 |
Change (%) |
December 2022 |
December 2021 |
Change (%) |
Russia |
301,428 |
324,539 |
-7.12 |
23,952 |
31,884 |
-24.88 |
South Korea |
126,695 |
87,258 |
45.20 |
12,028 |
5,283 |
127.67 |
China |
125,119 |
258,878 |
-51.67 |
- |
9,296 |
- |
Netherlands |
23,860 |
26,660 |
-10.50 |
1,357 |
1,846 |
-26.49 |
India |
20,166 |
826 |
2341.40 |
- |
- |
- |
Kazakhstan |
18,812 |
6,056 |
210.63 |
- |
888 |
- |
Belgium |
15,156 |
19,284 |
-21.41 |
2,099 |
582 |
260.65 |
Romania |
14,158 |
12,946 |
9.36 |
- |
2,345 |
- |
Italy |
6,052 |
8,956 |
-32.43 |
1,550 |
710 |
118.31 |
France |
5,160 |
4,127 |
25.03 |
421 |
781 |
-46.09 |