24.01.2024 Views

Turkish Metal Casting Industry - EuroGuss

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

SPECIAL ISSUE<br />

Turkey's <strong>Metal</strong> <strong>Casting</strong> Production<br />

Exceeded 3 Million Tons in 2022<br />

<strong>Turkish</strong> metal casting industry produces a wide range of parts for dozens of sectors,<br />

from construction to automotive, from mining to aerospace, from parts as light as 1 gram<br />

to parts as heavy as 300 tons.<br />

The sector has recently achieved<br />

record levels of production and exports,<br />

taking advantage of opportunities<br />

such as increased demand in<br />

the European market and declining<br />

production in competitor countries.<br />

In 2021, total production increased<br />

by 36.5% to 2.96 million tons and<br />

exports rose by 10% to EUR 4.5 billion.<br />

The capacity utilization rate of<br />

the sector also increased to 73%. In<br />

2022, total production in the sector<br />

reached 3.1 million tons and the value<br />

of production increased by 41% to<br />

EUR 8.5 billion.<br />

The export share of production<br />

is around 70%. This shows the high<br />

competitiveness and quality of <strong>Turkish</strong><br />

castings on the world market.<br />

The total production of castings in<br />

the European Union in 2022 was<br />

14,509,000 tons including Turkey.<br />

Turkey contributed 3,108,000 tons,<br />

21.4% of the EU production.<br />

*Source: CAEF European Foundry Association<br />

TURKCAST Special Issue 8

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!