Turkey: Cold Metal-Rolling Mill Market 2024

Cold Metal-Rolling Mill Market Size in Turkey

The Turkish cold metal-rolling mill market surged to $X in 2022, growing by X% against the previous year. Over the period under review, consumption recorded a resilient expansion. Over the period under review, the market reached the peak level in 2022 and is likely to see gradual growth in years to come.

Cold Metal-Rolling Mill Production in Turkey

In value terms, cold metal-rolling mill production surged to $X in 2022 estimated in export price. Over the period under review, production recorded a buoyant increase. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Cold Metal-Rolling Mill Exports

Exports from Turkey

In 2022, cold metal-rolling mill exports from Turkey expanded markedly to X units, picking up by X% on the previous year's figure. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, cold metal-rolling mill exports surged to $X in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X units), Canada (X units) and Iran (X units) were the main destinations of cold metal-rolling mill exports from Turkey, with a combined X% share of total exports. Moreover, cold metal-rolling mill exports in the United States exceeded the figures recorded by the second-largest exporter, Canada, twofold.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), the United States ($X) and Canada ($X) appeared to be the largest markets for cold metal-rolling mill exported from Turkey worldwide, together accounting for X% of total exports. Iran, India, France, Uzbekistan, Bulgaria, Belgium, Austria, Algeria, Djibouti and Bahrain lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, France, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average cold metal-rolling mill export price amounted to $X per unit, increasing by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per unit), while the average price for exports to Bahrain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cold Metal-Rolling Mill Imports

Imports into Turkey

In 2022, approx. X units of cold metal-rolling mills were imported into Turkey; growing by X% on the previous year's figure. In general, imports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, cold metal-rolling mill imports soared to $X in 2022. Over the period under review, imports, however, recorded a mild contraction. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Germany (X units) and Slovenia (X units) were the main suppliers of cold metal-rolling mill imports to Turkey, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovenia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and Italy ($X) constituted the largest cold metal-rolling mill suppliers to Turkey, together comprising X% of total imports. Thailand and Slovenia lagged somewhat behind, together comprising a further X%.

Slovenia, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average cold metal-rolling mill import price amounted to $X per unit, growing by X% against the previous year. In general, the import price, however, continues to indicate a drastic downturn. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X,740 per unit), while the price for Slovenia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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