Turkey’s overseas view

Published 18 October 2018

Tagged Under: exports Supply & Demand outlook 

The Turkish cement industry has seen its export volumes rise from year on year, making it Europe’s largest cement exporter and the third-largest in the global rankings. Key exporters include Batiçim, Nuh Cement and Medcem, all of whom benefit from well-equipped export operations in strategic locations. By Turkish Cement Exporters’ Association, Turkey.

Turkey’s surplus capacity has enabled the country to build an extensive export base

Turkey’s total domestic cement sales reached 72.23Mt in 2017, up 9.2 per cent YoY. This is expected to rise in the next few years on the back of some US$15bn of investments in infrastructure by the country’s government. In addition, there is a need for 750,000 new houses to be built every year. General elections held in 2018 increased public consumption and were a key driver for the construction industry. Expectations are that local elections next year will have the same effect. In the next three years, domestic cement demand and output are forecast to rise 4-5 per cent.

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