World - Tin - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

World - Tin - Market Analysis, Forecast, Size, Trends And Insights

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Tin market

Tin market: read recently published information secured by an Ai-driven BI platform. Data include market size, consumption, exports, companies, trade, imports, production, and market prices. Here is a breakdown by region, including China, Africa, the Middle East, EU, the U.K., the U.S., Latin America, and Russia. Market insights and forecast to 2030 are also provided in the snapshots.

Tin - World's Largest Markets

RatingCountry
1China
2United States
3Japan
4Germany
5Taiwan (Chinese)

In value terms, China led the market, alone. The second position in the ranking was occupied by the United States. It was followed by Japan.

From 2018 to 2020, the average annual rate of growth in terms of value in China stood at -4.7%. In the other countries, the average annual rates were as follows: the United States (-12.7% per year) and Japan (-21.2% per year).

Tin Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Singapore202601815616601-9.5%
Malaysia199951855216853-8.2%
Indonesia201761848817060-8.0%
Bolivia200711872117324-7.1%
Thailand206711953417383-8.3%
Belgium198801896217491-6.2%
Brazil207791903617507-8.2%
China13541171661752213.8%
Netherlands202361945117634-6.7%
Peru227162185317883-11.3%
Poland1981820031201870.9%
Hong Kong SAR2030120439209871.7%
Average200761906717449-6.8%

Average prices varied somewhat amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in Hong Kong SAR ($20,987 per ton) and Poland ($20,187 per ton), while Singapore ($16,601 per ton) and Malaysia ($16,853 per ton) were amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Turkey207772125218613-5.4%
India195281974317799-4.5%
Italy201361952317530-6.7%
Spain206922170117475-8.1%
Germany204351932617452-7.6%
Japan206321966117449-8.0%
South Korea205171938217227-8.4%
Netherlands197651929617203-6.7%
France212531870817203-10.0%
United States199911945317188-7.3%
Singapore201531855917112-7.9%
China206081846316884-9.5%
Taiwan (Chinese)136381933312194-5.4%
Average203451999317174-8.1%

Prices varied noticeably by the country of destination; the country with the highest price was Turkey ($18,613 per ton), while Taiwan (Chinese) ($12,194 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by India, while the other global leaders experienced a decline in the import price figures.

Tin - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States0.70.70.5-14.2%
Japan0.60.50.3-22.8%
China0.050.050.3149.3%
Germany0.40.40.3-20.7%
Netherlands0.10.10.259.6%

In value terms, the largest tin importing markets worldwide were the United States ($540M), Japan ($333M) and China ($298M), with a combined 34% share of global imports.

Among the main importing countries, China (+149.3% per year) recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Tin - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Indonesia1.51.31.1-14.5%
Peru0.40.40.40.4%
Malaysia0.50.40.3-18.4%
Singapore0.30.30.3-8.2%
Netherlands0.10.10.239.4%

In value terms, Indonesia ($1.1B) remains the largest tin supplier worldwide, comprising 32% of global exports. The second position in the ranking was occupied by Peru ($355M), with a 10% share of global exports. It was followed by Malaysia, with a 9.5% share.

From 2018 to 2020, the average annual rate of growth in terms of value in Indonesia totaled -14.5%. In the other countries, the average annual rates were as follows: Peru (+0.4% per year) and Malaysia (-18.4% per year).

Tin - Market Forecast

Depressed by shrinking demand for tin worldwide, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of for the period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.

Tin - Product Coverage

  • HS 800110 - Tin; unwrought, not alloyed

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global tin market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 24431330 - Unwrought non-alloy tin (excluding tin powders and flakes)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Yunnan Tin Company, PT Timah, Malaysia Smelting, Minsur, Yunnan Chengfeng Non-ferrous Metals, Thailand Smelting and Refining, Guangxi China Tin, Jiangxi New Nanshan, Metallo Chimique, Gejiu Zi-Li Metallurgy

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023
Store
Blog
Event
Tin Prices Reach Highest Level Ever Recorded, Surging 79% This Year
Dec 20, 2021
Eye 1128

Tin prices peaked at $39,159 per ton in November 2021, soaring by 79% from the beginning of that year. The spike was driven by a shortage resulting from sharply heightened demand from the electronics sector, where tin is used for circuit board manufacturing, while the total volume of metal production was insufficient. According to October World Bank’s forecast, the average annual tin price should drop from an expected $31,250 per ton in 2021 to $31,000 per ton in 2022. 

Prices on the Global Tin Market Soar on Robust Demand Recovery
Jun 24, 2021
Eye 1083

Tin prices rose to record levels in response to high demand from the electronics industry and a severe supply shortage on the market. The deficit has been driven on by pandemic-related decreases in mining output in 2020, the shipping container crisis and a drop in exports due to supply-chain disruptions. Prices are forecast to fall only in 2022 thanks to ramped-up mining output and supply and demand returning to equilibrium.

Which Country Imports the Most Unwrought Tin in the World?
Jul 26, 2018
Eye 1600

In value terms, unwrought tin imports amounted to $X in 2016. In general, unwrought tin imports conunwrought tinue to indicate a mild descent. Global unwrought tin import peaked of $X in 2011; h...

Which Country Imports the Most Tin Articles in the World?
Jul 26, 2018
Eye 744

In value terms, tin articles imports amounted to $X in 2016. In general, tin articles imports contin articlesue to indicate a relatively flat trend pattern. Over the period under review, global tin...

Which Country Exports the Most Unwrought Tin in the World?
Jul 26, 2018
Eye 809

In value terms, unwrought tin exports totaled $X in 2016. In general, unwrought tin exports conunwrought tinue to indicate a relatively flat trend pattern. Global unwrought tin export peaked of $X>

Which Country Exports the Most Tin Articles in the World?
Jul 26, 2018
Eye 622

In value terms, tin articles exports totaled $X in 2016. Overall, tin articles exports contin articlesue to indicate a relatively flat trend pattern. In that year, global tin articles exports attai...

Tin Market - Global Exports of Tin Continue to Decline
Nov 28, 2016
Eye 1850

Global tin exports have been on a steady decline since 2012, amounting to X million USD in 2015. Before that export values fluctuated from year to year. According to IndexBox estimates, Indonesia's exports continued to dominate the global tin marke

Free Data: Tin - World