Turkey: Non-Alloy Aluminium Bar Market 2025

Non-Alloy Aluminium Bar Market Size in Turkey

The Turkish non-alloy aluminium bar market contracted notably to $X in 2021, dropping by -28.7% against the previous year. Over the period under review, consumption continues to indicate a abrupt decline. Non-alloy aluminium bar consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Non-Alloy Aluminium Bar Production in Turkey

In value terms, non-alloy aluminium bar production expanded markedly to $X in 2021 estimated in export price. In general, production, however, saw a mild decline. The most prominent rate of growth was recorded in 2018 with an increase of 11% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Non-Alloy Aluminium Bar Exports

Exports from Turkey

In 2021, overseas shipments of non-alloy aluminium bars, rods and profiles increased by 168% to X tons, rising for the third consecutive year after two years of decline. In general, exports recorded a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, non-alloy aluminium bar exports surged to $X in 2021. Overall, exports continue to indicate a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for non-alloy aluminium bar exports from Turkey, accounting for a 51% share of total exports. Moreover, non-alloy aluminium bar exports to Germany exceeded the volume sent to the second major destination, Austria (X tons), sevenfold. The third position in this ranking was taken by Bosnia and Herzegovina (X tons), with a 3.6% share.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to +36.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+60.7% per year) and Bosnia and Herzegovina (+12.3% per year).

In value terms, Germany ($X) remains the key foreign market for non-alloy aluminium bars, rods and profiles exports from Turkey, comprising 48% of total exports. The second position in the ranking was taken by Austria ($X), with a 7% share of total exports. It was followed by Bosnia and Herzegovina, with a 3.7% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at +36.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+62.8% per year) and Bosnia and Herzegovina (+16.4% per year).

Export Prices by Country

The average non-alloy aluminium bar export price stood at $X per ton in 2021, increasing by 18% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to North Macedonia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Alloy Aluminium Bar Imports

Imports into Turkey

Non-alloy aluminium bar imports into Turkey surged to X tons in 2021, rising by 47% compared with 2020 figures. In general, imports showed a buoyant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 93% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, non-alloy aluminium bar imports rose slightly to $X in 2021. Overall, total imports indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -13.7% against 2019 indices. The growth pace was the most rapid in 2018 with an increase of 36%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Iran (X tons), Belgium (X tons) and Sweden (X tons) were the main suppliers of non-alloy aluminium bar imports to Turkey, with a combined 53% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Iran (with a CAGR of +121.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-alloy aluminium bar suppliers to Turkey were Belgium ($X), Sweden ($X) and Italy ($X), together comprising 53% of total imports. These countries were followed by Germany, Qatar, Iran, Russia, China and the United Arab Emirates, which together accounted for a further 28%.

Among the main suppliers, Iran, with a CAGR of +107.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-alloy aluminium bar import price stood at $X per ton in 2021, reducing by -29.7% against the previous year. Over the period under review, the import price showed a perceptible contraction. The pace of growth was the most pronounced in 2020 when the average import price increased by 57%. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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