Turkey rised to the 5th place in the world's construction materials exports

Turkish Construction Material Industrialists' Association (Turkey IMSAD) has announced the "Turkey IMSAD Building Sector Report" prepared with current economic data for 2021.

According to the report, Turkey became the 5th in the world by rising 4 places in the export of construction materials. Turkey's share in world construction materials exports, which grew by 21.7% compared to the previous year and reached 1 trillion 79.4 billion dollars in 2021, amounted to 30.83 billion dollars. The country's share in world construction materials exports rose to 2.86%.

While Turkey's exports increased by 19.6 percent last year, Israel came first among the countries with the highest exports.

It was followed by the USA and the UK. Imports of construction materials increased by 22.2 percent to $ 8.6 billion. The top importing countries were listed as China, Germany and Italy.

The unit price per kilogram in the export of construction materials increased from 0.35 dollars to 0.48 dollars. The import unit price was $2.84.

In the world's construction materials exports, China ranked first with 253.6 billion dollars.

"The report is an important reference source for our industry stakeholders"

Tayfun Küçükoğlu, Chairman of the Board of Directors of Türkiye İMSAD, whose views are included in the statement, stated that the world economy, which recovered rapidly after the epidemic, was exposed to the distorting effects of the Russia-Ukraine war, and talked about the negativities caused by the war, high inflation rates, the increase and fluctuation in commodity and energy prices, and the contraction in demand.

Noting that they can evaluate the opportunities by analyzing the last year's data well, Küçükoğlu said, "It is of great importance that we have the right data while creating our medium-long term strategies to increase our competitiveness." used the phrase.

Küçükoğlu stated that they will continue to share regular data so that the sector has accurate, unbiased and up-to-date information, and said, "We believe that we have fulfilled an important responsibility with the aggregate data we have prepared by refining the information coming from both the authorities and our sectoral network. Turkey İMSAD Construction Sector Report 2021, like previous reports. It will be an important source of reference for our sector stakeholders who want to develop." made a statement.