In December last year, Turkey's cold rolled coil (CRC) imports decreased by 11.9 percent month on month to 35,505 mt, down 37.6 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these imports was $22.40 million, decreasing by 5.5 percent compared to November and down 24.8 percent year on year.
Meanwhile, in 2020, Turkey's CRC imports amounted to 690,912 metric tons, up 8.1 percent year on year, while the revenue generated by these imports totalled $364.23 million, decreasing by 5.0 percent compared to 2019.
In 2020, Russia ranked first among Turkey's CRC import sources, supplying 413,347 mt, up 26.48 percent year on year. Meanwhile, in the given year, Turkey's CRC imports from Belgium totalled 66,314 mt.
Turkey's main CRC import sources in 2020 are as follows:
Country |
Amount (mt) |
|
|
|
|
|
|
2020 |
2019 |
Change (%) |
December 2020 |
December 2019 |
Change (%) |
Russia |
413,347 |
326,799 |
26.48 |
24,272 |
28,211 |
-13.96 |
Belgium |
66,314 |
65,533 |
1.19 |
1,146 |
11,285 |
-89.84 |
South Korea |
56,719 |
15,012 |
277.82 |
1,437 |
3,426 |
-58.06 |
China |
38,482 |
15,271 |
151.99 |
- |
- |
- |
Romania |
32,258 |
64,975 |
-50.35 |
707 |
3,007 |
-76.49 |
Netherlands |
21,926 |
22,741 |
-3.58 |
1,380 |
1,823 |
-24.30 |
Italy |
18,504 |
43,956 |
-57.90 |
3,370 |
3,677 |
-8.35 |
Ukraine |
15,957 |
12,437 |
28.30 |
319 |
717 |
-55.51 |
Sweden |
4,787 |
5,303 |
-9.73 |
859 |
350 |
145.43 |
Austria |
4,177 |
1,122 |
272.28 |
491 |
- |
- |
Turkey's CRC import sources in 2020 can be seen in the graph below: