Steel Radar's latest research has revealed striking changes in the monthly import and export values of sheet piles and welded profiles, which are critical materials for the agriculture and construction sectors, for the years 2022 and 2023. Especially the developments in the first half of 2023 offer an interesting perspective for the future of the sector.
According to Turkish Statistical Institute (TUIK) data, sheet pile welded profile imports, which was announced as 3 tonnes in June 2022, increased 50 times to 172 tonnes in June 2023.
While the total import figure was 365,843 tonnes in 2022, this figure was 361,069 tonnes in the January-June period of 2023. In 2023, the imports made in the 6-month period are almost the same as the imports made in 2022. While the total import figure was 105 tonnes in the January-June period of 2022, this figure increased by 243.71% to 361 tonnes in the same months of 2023.
"7.86% growth in exports"
In 2023, the picture is slightly different on the export side. Sheet pile and welded profile exports, which were 182 tonnes in June 2022, decreased by 12.70% to 159 tonnes in the same period of 2023. Looking at the year as a whole, total sheet pile exports in 2022 were 2,809,141 tonnes, while this figure was recorded as 1,245,295 tonnes in the first half of 2023. While a total of 1,155 tonnes were exported in the January-June period of 2022, this figure increased by 7.86% to 1,245 tonnes in the same period of 2023.
All these data highlight the rapid and impressive changes in the sheet pile and welded profile trade. What kind of development will be recorded in the second half of the year is eagerly awaited by the sector and market players.
What is Sheet Pile?
Sheet piles are curtain diaphragms that are driven into the ground with the help of hydraulic hammers during the excavation of shallow channels, in excavations made in places with high water level such as sea, lake, riverside, etc., which prevent the ground from flowing and the water from coming.