In September this year, Turkey's total hot rolled coil (HRC) exports increased by 33.6 percent to 148,461 metric tons compared to August and were down 44.7 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). These exports had a value of $104.0 million, up 17.9 percent month on month, while decreasing by 63.9 percent compared to the same month of 2021.
In the January-September period of this year, Turkey's HRC exports amounted to 1.21 million mt, down 28.5 percent, while the value of these exports decreased by 23.7 percent to $1.1 billion, both compared to the same period of 2021.
In the given period, Italy ranked first among Turkey's HRC export destinations, with its HRC imports from Turkey amounting to 237,191 mt, followed by Egypt which received 216,224 mt of HRC from Turkey in the given period.
Turkey's top HRC export destinations in the first nine months of this year are as follows:
Country |
Amount (mt) |
|
|
|
|
|
|
January-September 2022 |
January-September 2021 |
Y-o-y change (%) |
September 2022 |
September 2021 |
Y-o-y change (%) |
Italy |
237,191 |
465,530 |
-49.05 |
33,160 |
78,373 |
-57.69 |
Egypt |
216,224 |
42,837 |
404.76 |
5,371 |
- |
- |
Bulgaria |
101,193 |
42,917 |
135.79 |
6,441 |
1,645 |
291.55 |
Greece |
84,609 |
64,738 |
30.69 |
7,361 |
2,010 |
266.22 |
Tunisia |
77,062 |
56,262 |
36.97 |
30,371 |
5,529 |
449.30 |
Algeria |
65,050 |
26,796 |
142.76 |
17,541 |
- |
- |
Belgium |
44,705 |
127,124 |
-64.83 |
- |
59,923 |
- |
Albania |
43,991 |
14,616 |
200.98 |
2,410 |
381 |
532.55 |
Morocco |
41,728 |
18,865 |
121.19 |
9,728 |
3,009 |
223.30 |
Iraq |
34,266 |
12,446 |
175.32 |
3,926 |
556 |
606.12 |
Turkey's main HRC export destinations in January-September are as follows:
