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11 NOVEMBER 2021 AL CIRCLE

Turkey’s export of aluminium containers during 2018-21 unveils steady growth

EDITED BY : RUPANKAR MAJUMDER 1MINS READ

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.

Turkey’s export of aluminium containers

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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 export of aluminium containers

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.

Outlook for the India Aluminium Industry

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.

Tagged with:

Aluminium

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EDITED BY : RUPANKAR MAJUMDER 1MINS READ

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