Turkey's PPGI imports up 84.63 percent in Jan-Nov

According to the data provided by the Turkish Statistical Institute (TUIK), in the first 11 months of 2013, Turkey's pre-painted galvanized iron (PPGI) imports amounted to 74,160 mt, increasing by 84.63 percent, while the revenue of these imports rose to $83.91 million, up 42.04 percent, both compared to the same period of 2012. Turkey's PPGI imports in 2012 had totaled 43,613 metric tons.

In November last year, Turkey's PPGI imports surged by 317.36 percent year on year to 8,489 metric tons and were down 34.28 percent month on month. The value of these imports amounted to $8.91 million, up 142.59 percent year on year and decreasing by 34.17 percent month on month.
 
The strong increase in Turkey's PPGI imports was influenced by exporter countries' more competitive prices in the international market due to weak demand in their domestic markets. In the first 11 months of 2013, significant increases were seen in Turkey's PPGI imports from China and Italy. In the given period, Turkey's PPGI imports from China increased by 108.88 percent to 44,168 metric tons and PPGI imports from Italy rose by 33.31 percent to 12,090 metric tons, both compared with the same period of the previous year.
 
Turkey's top 10 PPGI import sources in the first 11 months of last year: