Report Update Jan 1, 2025

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

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Ecuador: Tin Bar Market 2025

Tin Bar Market Size in Ecuador

The Ecuadorian tin bar market dropped to $X in 2022, shrinking by -14.3% 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). Overall, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Tin Bar Exports

Exports from Ecuador

In 2022, shipments abroad of tin bars, rods, profiles and wires was finally on the rise to reach X kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a perceptible setback. The pace of growth was the most pronounced in 2019 when exports increased by 276% against the previous year. As a result, the exports attained the peak of X kg. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, tin bar exports reduced modestly to $X in 2022. In general, exports, however, faced a abrupt shrinkage. The growth pace was the most rapid in 2016 when exports increased by 137%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Peru (X kg) was the main destination for tin bar exports from Ecuador, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Peru totaled -2.8%.

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

From 2012 to 2022, the average annual growth rate of value to Peru totaled -13.0%.

Export Prices by Country

The average tin bar export price stood at $X per ton in 2022, dropping by -14.6% against the previous year. In general, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 an increase of 91% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to -10.5% per year.

Tin Bar Imports

Imports into Ecuador

In 2022, imports of tin bars, rods, profiles and wires into Ecuador reduced dramatically to X tons, waning by -17.4% on 2021. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 38%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, tin bar imports dropped to $X in 2022. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 36%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), the United States (X tons) and Chile (X tons) were the main suppliers of tin bar imports to Ecuador, with a combined 79% share of total imports. Peru, Taiwan (Chinese), Hong Kong SAR, Bolivia and Mexico lagged somewhat behind, together comprising a further 18%.

From 2012 to 2022, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +20.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), the United States ($X) and China ($X) constituted the largest tin bar suppliers to Ecuador, together accounting for 80% of total imports. Bolivia, Peru, Taiwan (Chinese), Mexico and Hong Kong SAR lagged somewhat behind, together accounting for a further 16%.

Hong Kong SAR, with a CAGR of +20.5%, recorded the highest rates of growth with regard to 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, with an increase of 5.1% against the previous year. Overall, the import price, however, showed a mild decline. The most prominent rate of growth was recorded in 2019 when the average import price increased by 44% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+2.3%), 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 remains the largest tin bar consuming country worldwide, accounting for 22% of total volume. Moreover, tin bar consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by Malaysia, 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, with a combined 44% share 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 Ecuador?

In value terms, the largest tin bar suppliers to Ecuador were Chile, the United States and Colombia, together comprising 81% of total imports.

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

In value terms, Peru $170) remains the key foreign market for tin bar exports from Ecuador.

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

In 2021, the average tin bar export price amounted to $12,026 per ton, falling by -2.3% against the previous year.

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

The average tin bar import price stood at $24,567 per ton in 2021, rising by 26% against the previous year.

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

Ecuador

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ecuador
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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024