Turkey’s rebar exports decrease 4.4 percent in 2019

Monday, 10 February 2020 14:49:52 (GMT+3)   |   Taichung
       

In December last year, Turkey's rebar exports amounted to 486,422 metric tons, up 14.5 percent compared to November and decreasing by 3.3 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $205.5 million, increasing by 17 percent compared to November and down 17.8 percent year on year.

Meanwhile, last year, Turkey's rebar exports amounted to 5.69 million metric tons, down 4.4 percent year on year, while the revenue generated by these exports totaled $2.6 billion, falling by 18.9 percent compared to same period of 2018.

In the given period, Turkey's largest rebar export destination was Yemen which received 1 million metric tons, up 28.6 percent year on year. Yemen was followed by Israel with 906,482 metric tons and Singapore with 586,087 metric tons.
 
Turkey's top 10 rebar export destinations in 2019:

Country

Amount (mt)

 

 

 

 

 

 

January-December 2019

January- December 2018

Y-o-y change (%)

December 2019

December 2018

Y-o-y change (%)

Yemen

1,002,971

779,935

28.60

155,636

14,683

-

Israel

906,482

747,812

21.22

105,824

72,851

45.26

Singapore

586,087

393,197

49.06

1,190

40,773

-97.08

Ethiopia

309,170

228,624

35.23

35,318

17,735

99.14

Hong Kong

214,700

358,828

-40.17

-

92,472

-

Romania

176,475

118,352

49.11

27,094

9,509

184.93

Djibouti

154,355

207,236

-25.52

-

20,371

-

Panama

132,437

144,672

-8.46

-

16,645

-

Jamaica

126,712

121,958

3.90

8,052

10,844

-25.75

Lebanon

121,940

84,108

44.98

-

7,176

-

Turkey's main rebar export destinations on country basis in 2019 are presented below:


Similar articles

Offers in SE Asia’s import rebar market rise despite lack of positive mood in China

10 May | Longs and Billet

Domestic rebar prices in Taiwan - week 19, 2024

10 May | Longs and Billet

Buyers in southern European longs market start to respond to certain hikes

10 May | Longs and Billet

Major steel and raw material futures prices in China - May 10, 2024

10 May | Longs and Billet

US rebar imports down 6.2 percent in March from February

10 May | Steel News

Romanian longs prices stable amid weak activity after holiday

09 May | Longs and Billet

Local Turkish rebar spot prices soften

09 May | Longs and Billet

Major steel and raw material futures prices in China - May 9, 2024

09 May | Longs and Billet

Major steel and raw material futures prices in China - May 8, 2024

08 May | Longs and Billet

Turkish longs exports silent due to low demand, prices stable

08 May | Longs and Billet