In November last year, Turkey’s wire rod exports amounted to 92,527 mt, down by nine percent compared to October and up by 69.5 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $39.15 million, declining by 10.5 percent compared to the previous month and by 34.4 percent year on year.
In the January-November period last year, Turkey’s wire rod exports amounted to 612,093 mt, down 46.0 percent compared to the same period of the previous year, while the revenue generated by these exports totaled $390.03 million, falling by 56.4 percent year on year.
In the given period, Turkey’s largest wire rod export destination was Israel which received 199,757 mt, down 24.7 percent year on year. Israel was followed by Romania with 152,156 mt, up 22.2 percent, and Australia with 41,698 mt, up 30.0 percent, both on year-on-year basis.
Turkey’s main wire rod export destinations in the first 11 months of last year:
|
Country |
Amount (mt) |
|
|
|
|
|
|
|
January-November 2023 |
January-November 2022 |
Y-o-y change (%) |
November 2023 |
November 2022 |
Y-o-y change (%) |
|
Israel |
199,757 |
265,316 |
-24.7 |
- |
29,846 |
- |
|
Romania |
152,156 |
124,561 |
+22.2 |
52,533 |
4,790 |
- |
|
Australia |
41,698 |
32,080 |
+30.0 |
2,079 |
1,592 |
+30.6 |
|
Spain |
28,467 |
21,502 |
+32.4 |
3,499 |
- |
- |
|
Bulgaria |
24,711 |
37,021 |
-33.3 |
8,984 |
2,852 |
+215.0 |
|
Bosnia-Herzegovina |
13,547 |
3,037 |
+346.1 |
9,995 |
- |
- |
|
Morocco |
12,654 |
51,198 |
-75.3 |
50 |
- |
- |
|
Paraguay |
10,607 |
10,615 |
-0.1 |
408 |
483 |
-15.5 |
|
Haiti |
10,464 |
41,608 |
-74.9 |
- |
- |
- |
|
Chile |
10,154 |
10,155 |
- |
- |
- |
- |
Turkey’s main wire rod export destinations in the January-November period last year:
