In December last year, Turkey’s wire rod exports amounted to 127,266 metric tons, up by 380.0 percent compared to November and by 14.8 percent year on year, according to the preliminary data provided by the Turkish Statistical Institute (TUIK). Meanwhile, the revenue generated by these exports totaled $74.88 million, increasing by 355.8 percent compared to the previous month and by 14.7 percent year on year.
In 2024, Turkey's wire rod exports amounted to 919,904 mt, up 27.2 percent, while the value of these exports increased by 23.2 percent to $560.80 million, both year on year.
Turkey's wire rod imports - 2024
In the given period, Turkey’s largest wire rod export destination was Romania which received 313,579 mt. Romania was followed by Bulgaria with 81,653 mt and Australia with 79,965 mt.
Turkey’s top 10 wire rod export destinations in 2024:
Country |
Amount (mt) |
|
|
|
|
|
|
2024 |
2023 |
Y-o-y change (%) |
December 2024 |
December 2023 |
Y-o-y change (%) |
Romania |
313,579 |
173,902 |
80.3 |
76,063 |
21,610 |
252.0 |
Bulgaria |
81,653 |
30,539 |
167.4 |
14,701 |
5,806 |
153.2 |
Australia |
79,965 |
44,848 |
78.3 |
7,488 |
2,933 |
155.3 |
Bosnia-Herzegovina |
45,764 |
15,388 |
197.4 |
- |
2,501 |
- |
Spain |
39,918 |
38,495 |
3.7 |
35 |
10,030 |
-99.7 |
Belgium |
34,548 |
30,103 |
14.8 |
- |
30,099 |
- |
Italy |
32,859 |
11,482 |
186.2 |
28 |
4,477 |
-99.4 |
Israel |
22,128 |
218,563 |
-89.9 |
- |
18,702 |
- |
Chile |
19,201 |
10,154 |
89.1 |
5,316 |
- |
- |
Egypt |
18,482 |
9,609 |
92.3 |
3,000 |
950 |
215.8 |
Turkey's wire rod exports share - 2024
