The Turkish natural stone industry will close the export decline in the Chinese market after the pandemic by exporting processed products to Middle Eastern countries. Turkish natural stones will decorate the mega projects of the Middle East.
İZMİR (İGFA) – The Turkish natural stone sector, which concentrated on the export of processed products during the pandemic period, aimed at the Middle East market, one of the important centers of processed product imports. Virtual Natural Stone Trade Delegation ”.
The “Middle East Countries Virtual Natural Stone Trade Delegation” organized by the Aegean Mineral Exporters Association with the support of the Ministry of Trade will be held on 15-18 February 2021 via the Zoom application. While importers from the United Arab Emirates, Qatar, Kuwait, Bahrain and Oman will participate in the organization, 19 Turkish natural stone exporters will be in an effort to make export connections by promoting their products.
Turkish natural stone industry’s largest export market, China, due to the pandemic a large contraction President of Union of Aegean Mine Exporters giving the information that has Mevlut Rock, they turned to processed products exports in order to prevent this decline, in 2020 Turkey’s finished He stated that natural stone exports reached 1 billion 58 million dollars with an increase of 7 percent.
Touching that the Middle East countries are importers of processed products, Kaya said, “Considering the investments, mega projects and import increases in the Middle East countries, in order to introduce Turkish natural stone in this market, to understand the marble and decoration preferences and to make B2B bilateral business meetings with natural stone importers. Considering the epidemic process we are in, we decided to organize the “Middle East Countries Virtual Natural Stone Trade Committee”.
THE CONSTRUCTION SECTOR IN THE UAE IS GROWING
Aegean Mining Exporters Association President Mevlüt Kaya, who stated that the United Arab Emirates’ natural stone imports in 2019 were 328 million dollars, said that the construction projects in the UAE are expected to grow by 3.8 percent in 2021. He noted that they included the UAE in the virtual trade delegation organization to get it.
EMİB President Kaya, explaining that they aim to have a more productive past of the “Virtual Natural Stone Trade Delegation of Middle East Countries” with the experiences they gained from the virtual trade delegation organization they organized for Vietnam in 2020, said: We will introduce Turkish natural stones. “We will continue with virtual fairs and trade delegations to ensure the continuity of our exports in today’s world where physical fairs and trade delegations cannot be held due to the pandemic.”
SPORTIVE ATTACK FROM QATAR
Underlining that Qatar’s foreign trade is shaped depending on international energy prices, Kaya continued his words as follows: “Qatar has completed or Foreign trade volume has been growing exponentially in recent years due to the ongoing investments in the oil and gas sector, infrastructure development program, investments in industry, education and tourism sectors, and increasing exports and imports. Qatar, which will host the world cup in 2022, will build accommodation facilities, stadiums and transportation terminals worth 150 billion US dollars over the next ten years. We will increase such activities so that our member companies can be included in 470 projects launched for Qatar’s 2030 vision. Due to geographical position, which found that a net importer of natural stone sector in Kuwait while importing 126 million dollars annually from the natural stone, Turkey is 11.2 share in the wool from these imports. Bahrain, the construction sector is aimed to grow rapidly in the period 2019-2023. The Government of Bahrain wants to reduce the economy’s dependence on oil and natural gas. For this purpose, it approved the implementation of a total of 119 mega projects worth 11 billion dollars. Turkey’s share in Bahrain the natural stone imports will increase by 18 percent due to demand for natural stone mega-projects are an important input in the construction sector. We will export more with virtual trade delegation organizations to these countries. ”