ÇEBİDSteel Pipe Manufacturers Association

News

Turkey’s Steel Pipe Exports Rise 4 % in First Half

In the first half of this year,Turkey's total welded steel pipe exports amounted to 852,638 metric tons, increasing by four percent compared to the corresponding period last year. Meanwhile, exports generated $776 million in revenue, down by three percent compared to January-June 2011.

In the period in question, Turkey's seamless steel pipe imports rose three percent over the same period last year to 120,000 mt, while its welded pipe imports fell five percent year on year to 49,000 mt. On the other hand, in the first half of the year, the share of Turkey's steel pipe exports to the EU fell to 41.1 percent of its total steel pipe export volume, down from the 50.7 percent recorded in the first half of 2011.

The associaton forecast a 3.5-4.0 percent year-on-year growth in the steel pipe production of Turkey in 2012, following a 10 percent year-on-year increase recorded in 2011. CEBID said that the global financial slowdown, the economic crisis in the EU which is the most crucial market for the Turkish steel pipe sector, and the contraction of domestic demand negatively influenced the Turkish steel pipe sector, in addition to the slowing of the growth rate in the construction sector and the sluggishness of the automotive sector. Turkey's top 10 steel pipe export destinations in H1 2012:

Country

Net Weight (kg)

Trade Value ($)

U.S.A.

161.511.313

147.101.188

Iraq

138.039.685

115.713.460

United Kingdom

117.980.022

92.043.228

Romania

49.153.571

37.696.803

Algeria

33.821.950

34.723.691

Holland

26.796.897

21.875.522

Georgia

25.093.195

24.817.733

Germany

23.488.309

27.903.286

Azerbaijan

21.743.128

21.539.936

Belgium

21.591.005

17.966.186

Other

233.419.193

235.037.700

Total

852.638.268

776.418.733

 

 

August 2, 2012

ÇEBİD