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MOMENT IN ENGLISH
with good quality and with
competitive prices in these
facilities.
On the other hand, there are
a lot of strong facilities that
produce the raw materials
that fastener industry needs
in Turkey. Furthermore the
moulding supplier industry
is quite strong too. These
factors help the fastener
industry to improve its devel-
opment and service qual-
ity. Locally produced heat
treatment machines, plating
facilities, washing machines,
thread cutter machines and
picking machines are also
serving the fastener indus-
try. Turkey’s geographical
location is also ensuring
major logistic advantages.
Since the country is sur-
rounded by the sea, marine
transportation is advanced.
Ground transportation is
also securing fast logistics
to strategical countries with
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very competitive delivery
time and is helping Turkish
products to be chosen by
other countries.
GLOBAL VOLUME IS
42 BILLION DOLLARS
According to the UN’s
Statistics Department,
fasteners’ global commerce
value have been 41.9 billion
dollars in 2018. Turkey has
a rapid progress in fasten-
er commerce. Last year
Turkey’s fastener export has
increased 28,7% and reached
at 470.31 million dollars. In
2018 the biggest fastener
importers are Germany, with
6.83 billion dollars; China,
with 6.45 billion dollars and
Taiwan, with 4.64 billion
dollars. Turkey is at the 21st
place with 470.31 million
dollars and with 28,7%
increase at the exports of
fasteners. When we analyze
Turkey’s fastener exports
and imports in details, ac-
cording to the TÜİK’s data,
we realise that our biggest
export and import market is
Germany.
‘DOMESTIC MARKET IS
NARROWING, WE ARE
EXPECTING INCREASE AT
EXPORTS’
BESİAD’s (Fastener
Industralists and
Businessmen Association)
Chairman of the Board
Mustafa Necati Tecdelioğlu
says 2018 has been produc-
tive year for both Turkey
and BESİAD. Tecdelioğlu
says the domestic mar-
ket narrowed at the last
quarter of 2018 and the
manufacturers have turned
their faces to the exporting
markets. Tecdelioğlu says:
‘But because of the intense
competition in international
markets, we had to decrease
our prices. In year 2018
our total exports reached
135.000 metric tons, with the
value of 500 million dollars.
With the help of fasteners
that we supplied for auto-
motive, steel construction
and furniture sectors, our
indirect exports surpassed
1 billion dollars. Fastener
exports value increase has
been 29%, on the other hand
quantity increase has been
21% in 2018. Because of the
narrowing in the market
that showed it’s face at the
second half of 2018, the
fastener manufacturers that
are working for the domestic
market had to shrink around
25%. On the other hand, the
manufacturers that turned
thier face to the international
markets because of the prob-
lems in the domestic market,
have increased their exports
in quantity but not in value.
We sacrificed on our prices
to retain our markets.’