In December last year, Turkey’s cold rolled coil (CRC) imports declined by 12.6 percent month on month and rose by 15.8 percent year on year to 56,169 mt, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports was $44.41 million, decreasing by 11.8 percent compared to November and growing by 14.4 percent year on year.
Meanwhile, in 2023, Turkey’s CRC imports amounted to 893,041 mt, up 29.9 percent year on year, while the value of these imports totaled $715.78 million, increasing by 3.4 percent compared to 2022.
In the given year, South Korea ranked first among Turkey’s CRC import sources, supplying 327,196 mt, up 158.3 percent year on year, while South Korea was followed by China with 189,805 mt, up 51.7 percent and by Russia with 176,741 mt, down 41.4 percent, both on year-on-year basis.
Turkey’s main CRC import sources in 2023 are as follows:
Country |
Amount (mt) |
|
|
|
|
|
|
2023 |
2022 |
Change (%) |
December 2023 |
December 2022 |
Change (%) |
South Korea |
327,196 |
126,695 |
+158.3 |
5,973 |
12,028 |
-50.3 |
China |
189,805 |
125,119 |
+51.7 |
18,512 |
- |
- |
Russia |
176,741 |
301,428 |
-41.4 |
10,918 |
23,952 |
-54.4 |
Spain |
45,015 |
8,489 |
+430.3 |
3,418 |
4,030 |
-15.2 |
France |
33,177 |
5,160 |
+543.0 |
4,977 |
421 |
-98.8 |
Belgium |
29,840 |
15,156 |
+96.9 |
2,818 |
2,100 |
+34.2 |
Netherlands |
24,465 |
23,860 |
+2.5 |
3,877 |
1,357 |
+185.7 |
Egypt |
12,581 |
1,456 |
+764.1 |
2,009 |
- |
- |
Romania |
10,443 |
14,158 |
-26.2 |
916 |
- |
- |
India |
7,300 |
20,166 |
-63.8 |
- |
- |
- |
Turkey’s main CRC sources on country basis in the given year are presented below:
