In May this year, Turkey's rebar export volume increased by 46.9 percent year on year and by 10.5 percent month on month to 303,368 metric tons, according to the data provided by the Turkish Statistical Institute (TUIK). The value of these exports totaled $177.88 million, up 29.1 percent year on year and 10.0 percent month on month.
In the January-May period, Turkey's rebar exports amounted to 1.37 million mt, up 24.0 percent, while the value of these exports increased by 8.2 percent to $807.71 million, both year on year.
In the given period, Turkey exported 265,010 mt of rebar to Yemen, up 27.6 percent year on year, with Yemen ranking as Turkey's leading rebar export destination, ahead of Romania which received 121,233 mt in the given period. Romania was followed by Albania with 87,689 mt.
Turkey's top 10 rebar export destinations in the January-May period are as follows:
Country |
Amount (mt) |
|
|
|
|
|
|
January-May 2023 |
January-May 2024 |
Y-o-y change (%) |
May 2023 |
May 2024 |
Y-o-y change (%) |
Yemen |
207,758 |
265,010 |
27.6 |
25,132 |
94,318 |
275.3 |
Romania |
6,839 |
121,233 |
1672.7 |
881 |
21,303 |
2318.0 |
Albania |
22,362 |
87,689 |
292.1 |
3,502 |
15,808 |
351.4 |
Israel |
257,955 |
75,972 |
-70.5 |
48,182 |
- |
- |
Ethiopia |
73,341 |
70,027 |
-4.5 |
11,997 |
16,821 |
40.2 |
Northern Cyprus |
51,737 |
59,662 |
15.3 |
8,349 |
14,052 |
68.3 |
US |
79,939 |
58,815 |
-26.4 |
30,368 |
24 |
-99.9 |
Panama |
47,709 |
54,273 |
13.8 |
- |
14,272 |
- |
Peru |
- |
45,560 |
- |
- |
13,685 |
- |
Syria |
29,486 |
40,156 |
36.2 |
7,253 |
14,698 |
102.6 |
Turkey's main rebar export destinations on country basis in the January-May period this year are presented below:
