In October this year, Turkey’s total hot rolled coil (HRC) exports declined by 25.3 percent to 109,960 metric tons compared to September and were down 58.0 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). These exports had a value of $74.37 million, down by 27.8 percent month on month and by 73.4 percent compared to the same month of 2021.
In the January-October period of this year, Turkey’s HRC exports amounted to 1.32 million mt, down 32.5 percent, while the value of these exports dropped by 93.2 percent to $1.18 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 264,153 mt, followed by Egypt which received 219,241 mt of HRC from Turkey in the given period.
Turkey's top HRC export destinations in the first 10 months of this year are as follows:
|
Country |
Amount (mt) |
|
|
|
|
|
|
|
January-October 2022 |
January-October 2021 |
Y-o-y change (%) |
October 2022 |
October 2021 |
Y-o-y change (%) |
|
Italy |
264,153 |
526,685 |
-49.8 |
27,416 |
61,154 |
-57.69 |
|
Egypt |
219,241 |
50,688 |
- |
3,018 |
7,851 |
-61.6 |
|
Bulgaria |
118,615 |
44,882 |
+164.3 |
17,423 |
1,965 |
- |
|
Greece |
102,723 |
79,770 |
+28.8 |
18,114 |
15,032 |
+20.5 |
|
Tunisia |
80,179 |
59,613 |
+34.5 |
3,149 |
3,352 |
-6.1 |
|
Algeria |
73,306 |
30,785 |
+138.1 |
8,151 |
3,989 |
+104.3 |
|
Belgium |
48,248 |
137,347 |
-64.9 |
3,544 |
10,223 |
-65.3 |
|
Albania |
46,220 |
14,723 |
- |
2,325 |
107 |
+97.8 |
|
Morocco |
43,420 |
18,865 |
+130.2 |
2,522 |
- |
- |
|
Lebanon |
38,509 |
6,510 |
- |
5,748 |
1,296 |
- |
Turkey’s main HRC export destinations in January-October are as follows:
