Report Update Nov 1, 2024

Belarus - Tin - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: Tin Market 2024

Tin Market Size in Belarus

The Belarusian tin market skyrocketed to $X in 2022, growing by 132% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a measured expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Tin Exports

Exports from Belarus

In 2022, shipments abroad of tin was finally on the rise to reach X kg after five years of decline. Overall, exports, however, saw a abrupt descent. The pace of growth appeared the most rapid in 2016 when exports increased by 55%. The exports peaked at X kg in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, tin exports rose rapidly to $X in 2022. In general, exports, however, faced a abrupt curtailment. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X kg) was the main destination for tin exports from Belarus, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Russia stood at -6.9%.

In value terms, Russia ($X) also remains the key foreign market for tin exports from Belarus.

From 2012 to 2022, the average annual growth rate of value to Russia totaled -18.6%.

Export Prices by Country

In 2022, the average tin export price amounted to $X per ton, remaining constant against the previous year. Over the period under review, the export price, however, showed a deep contraction. The pace of growth appeared the most rapid in 2013 when the average export price increased by 21% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -12.6% per year.

Tin Imports

Imports into Belarus

For the fourth year in a row, Belarus recorded growth in overseas purchases of tin, which increased by 63% to X tons in 2022. In general, imports, however, continue to indicate a mild setback. The growth pace was the most rapid in 2017 when imports increased by 87%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, tin imports soared to $X in 2022. Over the period under review, imports showed a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Russia (X tons), Thailand (X tons) and Poland (X tons) were the main suppliers of tin imports to Belarus, with a combined 64% share of total imports. Indonesia, Latvia and China lagged somewhat behind, together comprising a further 15%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Latvia (with a CAGR of +353.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constituted the largest supplier of tin to Belarus, comprising 39% of total imports. The second position in the ranking was taken by Poland ($X), with a 17% share of total imports. It was followed by Indonesia, with a 9.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia totaled +10.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+9.9% per year) and Indonesia (+45.6% per year).

Import Prices by Country

In 2022, the average tin import price amounted to $X per ton, with an increase of 68% against the previous year. Over the period under review, the import price saw a strong increase. The growth pace was the most rapid in 2021 when the average import price increased by 96%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+13.9%), 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 in the world?

China constituted the country with the largest volume of tin consumption, comprising approx. 45% of total volume. Moreover, tin consumption in China exceeded the figures recorded by the second-largest consumer, the United States, fivefold. Japan ranked third in terms of total consumption with a 7% share.

What are the largest producers of tin in the world?

The country with the largest volume of tin production was China, comprising approx. 46% of total volume. Moreover, tin production in China exceeded the figures recorded by the second-largest producer, Indonesia, twofold. The third position in this ranking was occupied by Peru, with a 7.1% share.

What are the leading suppliers of tin to Belarus?

In value terms, Russia constituted the largest supplier of tin to Belarus, comprising 76% of total imports. The second position in the ranking was occupied by Indonesia, with an 18% share of total imports.

What is the average export price for tin in Belarus?

In 2021, the average tin export price amounted to $5,659 per ton, approximately mirroring the previous year.

What is the average import price for tin in Belarus?

In 2021, the average tin import price amounted to $33,636 per ton, increasing by 88% against the previous year.

This report provides an in-depth analysis of the tin market in Belarus. 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:

Belarus

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Belarus
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