Report Update Nov 1, 2024

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

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Thailand: Market for Tin Ores And Concentrates 2024

Exports of Tin Ores And Concentrates

Exports from Thailand

In 2022, the amount of tin ores and concentrateses exported from Thailand skyrocketed to X tons, growing by 87% against the previous year. In general, exports, however, recorded a precipitous decline. The pace of growth was the most pronounced in 2021 with an increase of 1,318%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, tin ores and concentrates exports dropped to $X in 2022. Overall, exports, however, showed a sharp decrease. The pace of growth was the most pronounced in 2021 with an increase of 8,186% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

China (X kg) and Lao People's Democratic Republic (X kg) were the main destinations of tin ores and concentrates exports from Thailand.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lao People's Democratic Republic (with a CAGR of -36.6%).

In value terms, China ($X) emerged as the key foreign market for tin ores and concentrateses exports from Thailand, comprising 74% of total exports. The second position in the ranking was held by Lao People's Democratic Republic ($X), with a 26% share of total exports.

From 2012 to 2022, the average annual growth rate of value to China stood at -38.8%.

Export Prices by Country

The average tin ores and concentrates export price stood at $X per ton in 2022, which is down by -50.8% against the previous year. Overall, the export price saw a pronounced contraction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 484%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to Lao People's Democratic Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+0.9%), while the prices for the other major destinations experienced a decline.

Imports of Tin Ores And Concentrates

Imports into Thailand

In 2022, after two years of growth, there was significant decline in purchases abroad of tin ores and concentrateses, when their volume decreased by -16.5% to X tons. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2014 when imports increased by 702% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then dropped sharply in the following year.

In value terms, tin ores and concentrates imports reduced to $X in 2022. In general, imports, however, posted significant growth. The pace of growth was the most pronounced in 2014 when imports increased by 706% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then reduced in the following year.

Imports by Country

Congo (X tons), Rwanda (X tons) and Australia (X tons) were the main suppliers of tin ores and concentrates imports to Thailand, with a combined 59% share of total imports. These countries were followed by Myanmar, Nigeria, Brazil, Vietnam and Burundi, which together accounted for a further 12%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Nigeria (with a CAGR of +45.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest tin ores and concentrates suppliers to Thailand were Congo ($X), Rwanda ($X) and Australia ($X), with a combined 60% share of total imports. Nigeria, Myanmar, Brazil, Burundi and Vietnam lagged somewhat behind, together accounting for a further 8.7%.

Nigeria, with a CAGR of +79.0%, 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 ores and concentrates import price stood at $X per ton in 2022, with an increase of 11% against the previous year. Overall, the import price recorded a prominent expansion. The pace of growth was the most pronounced in 2021 an increase of 80%. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in years to come.

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 Nigeria ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+22.9%), 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 ores and concentrates in the world?

China constituted the country with the largest volume of tin ores and concentrates consumption, comprising approx. 40% of total volume. Moreover, tin ores and concentrates consumption in China exceeded the figures recorded by the second-largest consumer, Finland, threefold. Turkey ranked third in terms of total consumption with an 8.2% share.

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

The country with the largest volume of tin ores and concentrates production was Myanmar, comprising approx. 32% of total volume. Moreover, tin ores and concentrates production in Myanmar exceeded the figures recorded by the second-largest producer, Finland, twofold. Turkey ranked third in terms of total production with an 8.7% share.

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

In value terms, Congo constituted the largest supplier of tin ores and concentrates to Thailand, comprising 53% of total imports. The second position in the ranking was occupied by Rwanda, with a 17% share of total imports. It was followed by Australia, with a 16% share.

What are the leading importers of tin ores and concentrates from Thailand?

In value terms, Hong Kong SAR emerged as the key foreign market for tin ores and concentrates exports from Thailand, comprising 98% of total exports. The second position in the ranking was occupied by the UK $109), with a 1.4% share of total exports.

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

The average tin ores and concentrates export price stood at $19,967 per ton in 2021, surging by 723% against the previous year.

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

In 2021, the average tin ores and concentrates import price amounted to $17,033 per ton, growing by 80% against the previous year.

This report provides an in-depth analysis of the market for tin ores and concentrates in Thailand. 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:

Thailand

Data coverage:

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