Report Update Nov 1, 2024

Sri Lanka - Tin Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Market for Tin Ores And Concentrates 2024

Market Size for Tin Ores And Concentrates in Sri Lanka

The Sri Lankan tin ores and concentrates market stood at $X in 2022, increasing by 1.6% against the previous year. In general, consumption saw a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Tin Ores And Concentrates in Sri Lanka

In value terms, tin ores and concentrates production stood at $X in 2022 estimated in export price. Over the period under review, the total production indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.8% against 2020 indices. The pace of growth was the most pronounced in 2013 when the production volume increased by 26%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Tin Ores And Concentrates

Exports from Sri Lanka

In 2014, exports of tin ores and concentrateses from Sri Lanka totaled X kg, remaining stable against 2013 figures. Overall, exports continue to indicate a relatively flat trend pattern. The exports peaked in 2014 and are likely to see gradual growth in the near future.

In value terms, tin ores and concentrates exports amounted to $X in 2014. Over the period under review, exports recorded a relatively flat trend pattern. Over the period under review, the exports hit record highs in 2014 and are likely to see gradual growth in the immediate term.

Exports by Country

Maldives (X kg) was the main destination for tin ores and concentrates exports from Sri Lanka, accounting for a approx. 100% share of total exports.

From 2014 to 2014, the average annual rate of growth in terms of volume to Maldives was relatively modest.

From 2014 to 2014, the average annual growth rate of value to Maldives was relatively modest.

Imports of Tin Ores And Concentrates

Imports into Sri Lanka

In 2022, the amount of tin ores and concentrateses imported into Sri Lanka amounted to X kg, almost unchanged from 2021 figures. Overall, imports recorded a precipitous shrinkage. The smallest decline of -50% was in 2016. Over the period under review, imports attained the peak figure at X kg in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, tin ores and concentrates imports amounted to $X in 2022. In general, imports showed a significant decline. The smallest decline of -5.6% was in 2020. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, India (X kg) was the main tin ores and concentrates supplier to Sri Lanka, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from India totaled -37.2%.

In value terms, India ($X) constituted the largest supplier of tin ores and concentrateses to Sri Lanka.

From 2012 to 2022, the average annual growth rate of value from India totaled -34.8%.

Import Prices by Country

In 2022, the average tin ores and concentrates import price amounted to $X per ton, flattening at the previous year. Overall, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tin ores and concentrates import price increased by +80.6% against 2012 indices. The most prominent rate of growth was recorded in 2013 an increase of 40%. Over the period under review, average import prices reached the maximum at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +3.8% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tin ores and concentrates in the world?

China remains the largest tin ores and concentrates consuming country worldwide, accounting for 40% of total volume. Moreover, tin ores and concentrates consumption in China exceeded the figures recorded by the second-largest consumer, Finland, threefold. The third position in this ranking was occupied by Turkey, with an 8.2% share.

What are the largest producers of tin ores and concentrates in the world?

Myanmar constituted the country with the largest volume of tin ores and concentrates production, accounting for 32% of total volume. Moreover, tin ores and concentrates production in Myanmar exceeded the figures recorded by the second-largest producer, Finland, twofold. The third position in this ranking was occupied by Turkey, with an 8.7% share.

What are the leading suppliers of tin ores and concentrates to Sri Lanka?

In value terms, India $35) constituted the largest supplier of tin ores and concentrates to Sri Lanka.

What is the average export price for tin ores and concentrates in Sri Lanka?

In 2014, the average tin ores and concentrates export price amounted to $22,290 per ton, remaining constant against the previous year.

What is the average import price for tin ores and concentrates in Sri Lanka?

The average tin ores and concentrates import price stood at $7,000 per ton in 2021, picking up by 13% against the previous year.

This report provides an in-depth analysis of the market for tin ores and concentrates in Sri Lanka. 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 07291530 -

Country coverage:

Sri Lanka

Data coverage:

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