Türkiye’s Exporters’ Assembly (TİM) Vice President and Istanbul Ferrous and Non-Ferrous Metals Exporters’ Association (İDDMİB) President Çetin Tecdelioğlu announced that the sector aims to reach an export level of $14 billion.
Performance Resisted in 2024
Tecdelioğlu highlighted that completing 2024 with $12.5 billion in exports was a significant achievement. He emphasized that despite challenges such as wars in regions like Syria and Ukraine, the election process, and high interest rates, the sector demonstrated its resilience.
“Türkiye Will Be in an Advantageous Position”
Tecdelioğlu stated that the markets lost in Syria and Russia could be regained, mentioning a total potential of $20 billion in these countries. He noted that Türkiye could play a significant role in Syria’s infrastructure and construction sectors, and the protective measures imposed by the U.S. on China would position Türkiye advantageously in European and U.S. markets.
New Investments in International Markets
To achieve the 2025 targets, the sector will increase participation in international fairs and take an active role in 52 events. Additionally, market diversification is targeted through Ur-Ge (International Competitiveness Development) programs.
Tecdelioğlu also pointed out that Chinese companies are planning to invest in Türkiye. These firms, particularly in the aluminum and hardware sectors, are searching for space in organized industrial zones for their investments.
Emphasizing the importance of Eximbank’s support for the sector, Tecdelioğlu suggested that the newly established Turkish Trade Bank could become an alternative to Eximbank in the future.
While Copper and Aluminum Improve, Casting and Kitchenware Decline
In 2024, the copper and aluminum sectors stood out with increases in volume and value, while casting, home and kitchenware, industrial kitchen equipment, and fixture sectors declined. Tecdelioğlu stressed that competitiveness in these sectors is beginning to weaken and urgent measures need to be taken.
Comments
No comment yet.