Report Update Nov 1, 2024

Australia - Tin Bars, Rods, Profiles and Wires - Market Analysis, Forecast, Size, Trends and Insights

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Australia: Tin Bar Market 2024

Tin Bar Market Size in Australia

The Australian tin bar market expanded markedly to $X in 2022, growing by 14% against the previous year. In general, consumption, however, saw a pronounced decline. Tin bar consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Tin Bar Production in Australia

In value terms, tin bar production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, showed a perceptible curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 46%. Tin bar production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Tin Bar Exports

Exports from Australia

In 2022, approx. X tons of tin bars, rods, profiles and wires were exported from Australia; increasing by 30% on 2021. In general, exports, however, saw a deep setback. The pace of growth appeared the most rapid in 2017 with an increase of 103% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, tin bar exports skyrocketed to $X in 2022. Over the period under review, exports saw mild growth. The pace of growth appeared the most rapid in 2014 with an increase of 150% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Belgium (X tons) was the main destination for tin bar exports from Australia, accounting for a approx. 99% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belgium totaled +5.7%.

In value terms, Belgium ($X) also remains the key foreign market for tin bars, rods, profiles and wires exports from Australia.

From 2012 to 2022, the average annual rate of growth in terms of value to Belgium totaled +10.0%.

Export Prices by Country

In 2022, the average tin bar export price amounted to $X per ton, with an increase of 13% against the previous year. Overall, the export price recorded a strong increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 138%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Belgium.

From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to +18.7% per year.

Tin Bar Imports

Imports into Australia

For the third consecutive year, Australia recorded growth in overseas purchases of tin bars, rods, profiles and wires, which increased by 61% to X tons in 2022. Over the period under review, imports recorded strong growth. The pace of growth appeared the most rapid in 2014 with an increase of 163%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, tin bar imports soared to $X in 2022. Overall, imports showed significant growth. The growth pace was the most rapid in 2017 with an increase of 157% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

Thailand (X tons), Indonesia (X tons) and the United States (X tons) were the main suppliers of tin bar imports to Australia, together accounting for 99% of total imports.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of +27.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Thailand ($X) and Indonesia ($X) appeared to be the largest tin bar suppliers to Australia, together comprising 98% of total imports.

Indonesia, with a CAGR of +47.3%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average tin bar import price stood at $X per ton in 2022, increasing by 11% against the previous year. Overall, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tin bar import price increased by +48.0% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by 33% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+93.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tin bars, rods, profiles and wires in the world?

China constituted the country with the largest volume of tin bar consumption, comprising approx. 22% of total volume. Moreover, tin bar consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. Malaysia ranked third in terms of total consumption with an 8% share.

What are the largest producers of tin bars, rods, profiles and wires in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 44% of global production. These countries were followed by Japan, Indonesia, Brazil, Germany, Poland, France, the Netherlands, Malaysia, South Korea and Thailand, which together accounted for a further 35%.

What are the leading suppliers of tin bars, rods, profiles and wires to Australia?

In value terms, Indonesia constituted the largest supplier of tin bar to Australia, comprising 55% of total imports. The second position in the ranking was occupied by the United States, with a 22% share of total imports. It was followed by Malaysia, with a 13% share.

What are the leading importers of tin bars, rods, profiles and wires from Australia?

In value terms, Belgium remains the key foreign market for tin bar exports from Australia.

What is the average export price for tin bars, rods, profiles and wires in Australia?

In 2021, the average tin bar export price amounted to $27,081 per ton, growing by 48% against the previous year.

What is the average import price for tin bars, rods, profiles and wires in Australia?

The average tin bar import price stood at $15,279 per ton in 2021, standing approx. at the previous year.

This report provides an in-depth analysis of the tin bar market in Australia. 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 24432400 - Tin bars, rods, profiles and wires

Country coverage:

Australia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Australia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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 In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023