Turkey's CRC imports down 17.1 percent in 2019

Monday, 17 February 2020 16:56:31 (GMT+3)   |   Istanbul
       

In December last year, Turkey's cold rolled coil (CRC) imports increased by 120.1 percent month on month to 56,873 mt, up 78.2 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports was $29.8 million, increasing by 95.5 percent compared to December and down 49.2 percent year on year.

Meanwhile, in 2019, Turkey's CRC imports amounted to 639,125 metric tons, down 17.1 percent year on year, while the revenue generated by these imports totalled $383.28 million, decreasing by 25.6 percent compared to 2018.

In 2019, Russia ranked first among Turkey's CRC import sources, supplying 326,799 mt, down 13.42 percent year on year. Meanwhile, in the given period, Turkey's CRC imports from Belgium totaled 65,533 mt.

Turkey's main CRC import sources in 2019 are as follows: 

Country

Amount (mt)

 

 

 

 

 

 

2019

2018

Change (%)

December 2019

December 2018

Change (%)

Russia

326,799

377,432

-13.42

28,210

18,009

56.64

Belgium

65,533

50,753

29.12

11,284

1,525

-

Romania

64,975

70,861

-8.31

3,007

6,651

-54.79

Italy

43,957

12,240

259.13

3,677

190

-

Netherlands

22,742

23,745

-4.22

1,822

1,806

0.89

Japan

17,671

6,873

157.11

1,893

-

-

Germany

17,566

16,899

3.95

393

605

-35.04

China

15,271

96,715

-84.21

-

-

-

S. Korea

15,012

29,439

-49.01

3,425

389

-

Ukraine

12,437

44,582

-72.10

717

525

36.57

 

Turkey's CRC import sources in 2019 can be seen in the graph below:

 

 


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