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: