In May this year, Turkey's rebar exports amounted to 399,478 metric tons, down 22.4 percent compared to April and decreasing by 40.8 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $352.38 million, decreasing by 13.9 percent compared to April and down 16.3 percent year on year.
Meanwhile, in the January-May period of this year, Turkey's rebar exports amounted to 2.63 million metric tons, down 11.4 percent year on year, while the revenue generated by these exports totaled $1.99 billion, increasing by 18.7 percent compared to the same period of 2021.
In the given period, Turkey's largest rebar export destination was Israel which received 509,928 metric tons, up 24.8 percent year on year. Israel was followed by Yemen with 331,203 metric tons and the US with 177,859 metric tons.
Turkey's top 10 rebar export destinations in January-May 2022:
|
Country |
Amount (mt) |
|
|
|
|
|
|
|
January-May 2022 |
January-May 2021 |
Y-o-y change (%) |
May 2022 |
May 2021 |
Y-o-y change (%) |
|
Israel |
509,928 |
408,563 |
24.81 |
41,992 |
65,488 |
-35.88 |
|
Yemen |
331,203 |
396,665 |
-16.50 |
4,539 |
87,888 |
-94.84 |
|
USA |
177,859 |
95,104 |
87.02 |
34,643 |
19,649 |
76.31 |
|
Canada |
173,608 |
20,573 |
743.86 |
- |
- |
- |
|
Albania |
102,046 |
46,672 |
118.65 |
7,467 |
8,156 |
-8.45 |
|
Romania |
94,749 |
30,289 |
212.82 |
25,743 |
6,096 |
322.29 |
|
Jamaica |
83,989 |
78,538 |
6.94 |
26,512 |
- |
- |
|
Senegal |
79,310 |
49,254 |
61.02 |
38,842 |
1,962 |
1879.71 |
|
UK |
70,724 |
- |
- |
12,805 |
- |
- |
|
Chile |
63,097 |
68,068 |
-7.30 |
6,240 |
28,439 |
-78.06 |
Turkey's main rebar export destinations on country basis in the January-May period this year are presented below:
