Turkish marble, travertine exports shift to Mideast, China, Russia

Russia, Lebanon, Algeria, Qatar, Oman, Jordan and Tunisia were other countries, whose imports from Turkey rose in 2010.

Turkish marble, travertine exports shift to Mideast, China, Russia

Marble and travertine exports from Turkey shifted to Middle Eastern countries, China and Russia as demand from Western markets like U.S., Canada and the UK shrank with the impact of the financial crisis.

Aegean Exporters' Unions figures revealed a major slump in marble and travertine exports from Turkey to U.S. down from 400 million USD in 2008 to 218 million USD in 2010. Turkish marble and travertine exports to other Western markets also declined. Exports to England were down to 47 million USD, and exports to Canada were down to 44 million USD.

Despite a decline in exports from Turkey to its traditional importers, the overall exports from Turkey rose 26% year-on year to 1.57 billion USD in 2010. The rise in exports to Russia, Far Eastern and Middle Eastern countries has been effective in this rise. China became the biggest importer of natural stones from Turkey in the aftermath of the financial crisis. Natural stone exports from Turkey to China rose 65%, while exports to the U.S. --which fell to the second place--rose 5%. The third largest importer of natural stones from Turkey was Iraq.

Russia, Lebanon, Algeria, Qatar, Oman, Jordan and Tunisia were other countries, whose imports from Turkey rose in 2010.

Arslan Erinc, chairman of the Aegean Mine Exporters' Union, which keeps a record of around 70% of natural stone exports from Turkey, said Wednesday the sector did not expect a rise in exports from Turkey to the U.S. and the promotion activities would be shifted to new markets in the Middle East, which became very appealing with the soaring oil prices.

He said the oil and natural gas producing countries accelerated construction projects after the rise in prices.

"The hike in oil prices as high as 100 USD triggered construction investments. We have the best quality marbles, and the Middle Eastern consumers love marble. Therefore we believe the demand will grow in 2011," said Erinc.

This shift was reflected in the list of visitors to Marble- the upcoming annual natural stone and technologies fair set to open in March 23. Morocco, Algeria, Tunisia and Brazil were set as target markets in this year's fair.

Around 1,200 companies will attend the fair. Especially a major interest from Italy and India was observed to the fair which is expected to draw more than 10 group companies from China



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Last Mod: 19 Ocak 2011, 13:11
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