ASEAN: Unwrought Tin Alloys Market 2024

Unwrought Tin Alloys Market Size in ASEAN

In 2022, the ASEAN unwrought tin alloys market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption, however, recorded a pronounced curtailment. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Unwrought Tin Alloys Production in ASEAN

In value terms, unwrought tin alloys production reduced modestly to $X in 2022 estimated in export price. Overall, production showed a abrupt decline. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Unwrought Tin Alloys Exports

Exports in ASEAN

After two years of growth, overseas shipments of unwrought tin alloys decreased by X% to X tons in 2022. In general, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, unwrought tin alloys exports shrank markedly to $X in 2022. Overall, exports faced a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Malaysia (X tons) was the main exporter of unwrought tin alloys, comprising X% of total exports. The Philippines (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Thailand (X%) and Singapore (X%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Thailand (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, the largest unwrought tin alloys supplying countries in ASEAN were Malaysia ($X), the Philippines ($X) and Thailand ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Thailand, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per ton, reducing by X% against the previous year. Export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, unwrought tin alloys export price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then fell in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in the Philippines ($X per ton) and Singapore ($X per ton), while Thailand ($X per ton) and Malaysia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Unwrought Tin Alloys Imports

Imports in ASEAN

In 2022, purchases abroad of unwrought tin alloys decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, unwrought tin alloys imports dropped slightly to $X in 2022. In general, imports saw a perceptible slump. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Malaysia represented the main importing country with an import of about X tons, which resulted at X% of total imports. The Philippines (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Singapore (X%), Thailand (X%) and Indonesia (X%). Vietnam (X tons) took a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to unwrought tin alloys imports into Malaysia stood at X%. At the same time, the Philippines (X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in ASEAN, with a CAGR of X% from 2012-2022. By contrast, Indonesia (X%), Thailand (X%), Vietnam (X%) and Singapore (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Philippines, Malaysia and Indonesia increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Malaysia ($X) constitutes the largest market for imported unwrought tin alloys in ASEAN, comprising X% of total imports. The second position in the ranking was held by the Philippines ($X), with a X% share of total imports. It was followed by Singapore, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Malaysia amounted to X%. In the other countries, the average annual rates were as follows: the Philippines (X% per year) and Singapore (X% per year).

Import Prices by Country

The import price in ASEAN stood at $X per ton in 2022, surging by X% against the previous year. Import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, unwrought tin alloys import price increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform