Turkey’s welded tube exports down 12% in January-May

Thursday, 20 July 2023 11:41:11 (GMT+3)   |   Istanbul
       

In May this year, Turkey’s total welded tube exports rose by 1.5 percent month on month to 148,189 mt and declined by 16.5 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). These exports had a value of $156 million, up by 2.2 percent month on month and down by 24.2 percent from May 2022.

In the January-May period this year, Turkey’s welded tube exports amounted to 724,947 mt, down 12.0 percent, while the value of these exports moved down by 22.2 percent to $738 billion, both compared to the same period of 2022.

In the given period, Turkey’s largest welded tube export destination was Morocco which received 103,802 mt. Morocco was followed by Romania with 99,056 mt and the UK with 53,986 mt.

Turkey’s top welded tube export destinations in the January-May period this year are as follows:

Country

Amount (mt)

 

 

 

 

 

 

January-May 2023

January-May 2022

Y-o-y change (%)

May 2023

May 2022

Y-o-y change (%)

Morocco

103,802

4,699

-

32,314

3,330

+870.3

Romania

99,056

107,736

-8.1

18,970

19,271

-1.6

UK

53,986

97,276

-44.5

9,189

32,338

-71.6

US

50,358

68,675

-26.7

3,798

15,954

-76.2

Iraq

48,484

56,975

-14.9

9,260

10,919

-15.2

Belgium

35,539

35,629

-0.3

12,008

8,486

+41.5

Israel

28,139

57,478

-51.0

3,028

7,910

-61.7

Italy

24,959

35,772

-30.2

6,433

13,517

-52.4

Germany

24,023

25,362

-5.3

6,199

3,813

-62.6

Syria

16,579

11,468

+44.6

3,228

1,085

+197.5

Turkey’s main welded tube export destinations in the first five months of this year are as follows:


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