In June this year, Turkey's rebar export volume decreased by 30.4 percent year on year and by 29.4 percent month on month to 213,885 metric tons, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these exports totaled $125.44 million, down 36.8 percent year on year and 29.4 percent month on month.
In the January-June period, Turkey's rebar exports amounted to 1.51 million mt, up 12.1 percent, while the value of these exports decreased by 1.3 percent to $932.97 million, both year on year.
In the first six months this year, Turkey exported 279,642 mt of rebar to Yemen, down 5.1 percent year on year, with Yemen ranking as Turkey's leading rebar export destination, ahead of Romania which received 127,092 mt in the given period. Romania was followed by Albania with 96,854 mt.
Turkey's top 10 rebar export destinations in the January-June period are as follows:
Country |
Amount (mt) |
|
|
|
|
|
|
January-June 2023 |
January-June 2024 |
Y-o-y change (%) |
June 2023 |
June 2024 |
Y-o-y change (%) |
Yemen |
294,638 |
279,642 |
-5.1 |
55,707 |
14,915 |
-73.2 |
Romania |
6,839 |
127,092 |
>1000.0 |
- |
5,606 |
- |
Albania |
29,461 |
96,854 |
228.8 |
7,099 |
9,028 |
27.2 |
Israel |
299,316 |
75,972 |
-74.6 |
41,360 |
- |
- |
Ethiopia |
113,321 |
73,697 |
-35.0 |
39,979 |
3,969 |
-90.1 |
Northern Cyprus |
61,577 |
72,415 |
17.6 |
9,839 |
12,743 |
29.5 |
Panama |
61,993 |
65,605 |
5.8 |
14,285 |
11,332 |
-20.7 |
US |
79,939 |
58,815 |
-26.4 |
- |
- |
- |
Djibouti |
24,908 |
58,534 |
135.0 |
5,611 |
38,164 |
580.2 |
Syria |
36,172 |
50,799 |
40.4 |
6,686 |
10,642 |
59.2 |
Turkey's main rebar export destinations on country basis in the January-June period this year are presented below:
