Turkey’s export of aluminium containers during 2018-21 unveils steady growth
The economy of Turkey is a mixed economy, signifying growth in the private sector blended with centralized economic planning and government regulation. The economy has expanded 21.70% Y-o-Y in Q2 2021, its highest annual growth rate since 1999.
The transcontinental country nation, Turkey exported 713 tonnes of aluminium containers during 2018-20, which accounted for revenue earnings of $4.10 million from the export.
The Turkish export of aluminium containers in 2018 was registered at 188 tonnes, developing revenue earnings of $1.34 million, whereas, in 2019, the export unveiled a steady growth of 12.23% and the earnings counted to $1.35 million.
Turkey’s aluminium container export in 2020 saw further growth of 48.81%, as the export volume surged to 314 tonnes and the earnings also climbed to $1.41 million.
The export for 2021 is analysed again with an upswing of 35.35%, as the export volume is predicted to remain at 425 tonnes, while expenditure is expected to drop at around $0.60 million.
The major trading destinations for Turkey’s export of aluminium containers are Austria, Belgium, Chile, France, Greece, Iraq, Ireland, Saudi Arabia, Spain, the UK, etc.
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