Turkey's PPGI imports from China down 89% in April from March

Wednesday, 04 June 2014 16:51:13 (GMT+3)   |   Istanbul

In the first four months of the current year, Turkey's pre-painted galvanized iron (PPGI) imports amounted to 21,252 mt, increasing by 31.84 percent, while the revenue of these imports rose to $22.45 million, up 13.39 percent, both year on year, according to the data provided by the Turkish Statistical Institute (TUIK). Turkey's PPGI imports in 2013 had totaled 79,312 metric tons.

In April this year, Turkey's PPGI imports decreased by 64.35 percent year on year to 1,863 metric tons and were down 63.43 percent month on month. The value of these imports amounted to $2.60 million, down 56.83 percent year on year and decreasing by 54.07 percent month on month.
 
In the first four months of 2014, China ranked first among Turkey's PPGI import sources, supplying 12,575 metric tons, up 56.1 percent year on year. China was followed by Belgium and Italy, with PPGI exports to Turkey amounting to 2,427 metric tons and 2,103 metric tons respectively. Meanwhile, in April, Turkey's PPGI imports from China decreased by 88.84 percent month on month and by 80.98 percent year on year to 491 metric tons.

Turkey's top 10 PPGI import sources in the first four months of the current year:

Country Volume (mt)
Jan-Apr.
  2014
Jan-Apr. 2013 Apr.14 Apr.13
China 12,575 8,056 491 2,582
Belgium 2,427 1,083 266 635
Italy 2,103 4,141 566 1,199
Egypt 2,064 617 - 166
Germany 687 622 253 44
Austria 421 401 77 135
Sweden 322 20 19 -
UK 232 177 42 63
Spain 164 225 86 24
France 100 76 9 24

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