Turkey’s rebar exports decrease by 57.9 percent in January-May

Monday, 10 July 2023 16:55:21 (GMT+3)   |   Istanbul

In May this year, Turkey’s rebar exports amounted to 206,552 metric tons, up by 23.7 percent compared to April and down by 47.6 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $138.84 million, rising by 17.2 percent compared to April and declining 60.1 percent year on year.

Meanwhile, in the January-May period of this year, Turkey’s rebar exports amounted to 1.10 million metric tons, down 57.9 percent compared to the January-May period last year, while the revenue generated by these exports totaled $747.69 million, falling by 62.3 percent year on year.

Turkey’s top 10 rebar export destinations in January-May 2023:

Country

Amount (mt)

 

 

 

 

 

 

January-May 2023

January-May 2022

Y-o-y change (%)

May 2023

May 2022

Y-o-y change (%)

Israel

257,571

509,868

-49.5

47,798

41,933

+14.0

Yemen

207,572

330,881

-37.3

24,952

4,539

+449.7

US

81,216

176,409

-54.0

31,645

33,192

-4.7

Ethiopia

73,395

40,237

+82.4

12,049

-

-

Jamaica

57,398

83,401

-31.2

15,452

25,924

-40.4

TRNC

52,429

35,692

+46.9

9,089

5,294

+71.7

Panama

47,712

36,784

+29.7

-

8,665

-

Senegal

47,516

77,992

-39.1

162

37,578

-99.6

Syria

23,951

34,975

-31.5

6,630

5,331

+24.4

Albania

22,362

102,045

-78.1

3,503

7,467

-53.1

Turkey’s main rebar export destinations on country basis in the January-May period this year are presented below:

ElifKefeli
Elif Kefeli
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I graduated from Yeditepe University’s Department of Translation and Interpreting Studies in 2017. I joined SteelOrbis in 2021, where I currently work as a content specialist. I am writing news reports and industry-related content with a special focus on decarbonization, green steel, sustainability, and recycling.

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