Turkish pipe companies plan to increase exports to 2 million tons in 2015

Turkish pipe producers are optimistic and want to surpass the target of 2 million tonnes of exports during 2015. In their opinion, the abolition of the import duty on flat products should ensure the supply of raw materials in a sufficient volume to increase production.

According to the Turkish Steel Pipe Manufacturers Association (CEBID), the country's pipe exports totaled 1.95 million tons in 2014, an increase of 4.9 percent over the previous year. It is noted that pipe exports have grown even despite political instability in some key export markets, including Iraq. CEBID notes that the removal of import duties on flat products should allow the country to meet its target of $ 7.9 billion from pipe exports by 2023.

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The volume of pipe exports in monetary terms in 2014 amounted to $ 1.63 billion, showing a slight decrease, by 0.7 percent for the year. Pipe exports dropped significantly in the second half of 2014, especially due to the worsening situation in Iraq. However, the country's pipe exports jumped to 206,221 tons in December 2014, up 28 percent from December 2013. Exports of pipes to the United States rose by almost 75 percent during the month to 61,333 tons. Exports to Algeria, Lithuania and Israel recorded three-digit growth during the month.

Iraq remains the largest importer of Turkish pipes in 2014. Exports to this country amounted to 348,715 tons during the year, down 26 percent over the year. The second largest export destination was the United States with 331,464 tonnes. Exports to the United States are up 18 percent from 2013. The third place was taken by Great Britain with 240209 tons.