Report Update Nov 1, 2024

U.S. - Tin Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights

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U.S.: Market for Tin Ores And Concentrates 2024

Market Size for Tin Ores And Concentrates in the U.S.

In 2022, the U.S. tin ores and concentrates market was finally on the rise to reach $X for the first time since 2017, thus ending a four-year declining trend. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Production of Tin Ores And Concentrates in the U.S.

In value terms, tin ores and concentrates production shrank modestly to $X in 2022. Over the period under review, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 14% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Exports of Tin Ores And Concentrates

Exports from the U.S.

In 2022, the amount of tin ores and concentrateses exported from the United States declined sharply to X tons, falling by -45.8% on 2021. Overall, exports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2018 when exports increased by 44% against the previous year. Over the period under review, the exports hit record highs 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 rapidly to $X in 2022. Over the period under review, exports showed a abrupt setback. The pace of growth was the most pronounced in 2021 when exports increased by 56%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons), Poland (X tons) and Malaysia (X tons) were the main destinations of tin ores and concentrates exports from the United States, together comprising 86% of total exports. Mexico, Honduras and Belgium lagged somewhat behind, together accounting for a further 14%.

From 2012 to 2022, the biggest increases were recorded for Honduras (with a CAGR of +98.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for tin ores and concentrateses exports from the United States, comprising 50% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 19% share of total exports. It was followed by Poland, with an 18% share.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates stood at +10.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (-12.1% per year) and Poland (+33.2% per year).

Export Prices by Country

In 2022, the average tin ores and concentrates export price amounted to $X per ton, rising by 3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The pace of growth was the most pronounced in 2016 when the average export price increased by 21% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Belgium ($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 United Arab Emirates (+9.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tin Ores And Concentrates

Imports into the U.S.

Tin ores and concentrates imports into the United States skyrocketed to X tons in 2022, with an increase of 167% compared with the previous year. Over the period under review, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, tin ores and concentrates imports surged to $X in 2022. In general, imports, however, showed a sharp setback. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Brazil (X tons) was the main tin ores and concentrates supplier to the United States, with a approx. 100% share of total imports.

From 2018 to 2022, the average annual growth rate of volume from Brazil totaled +73.6%.

In value terms, Brazil ($X) constituted the largest supplier of tin ores and concentrateses to the United States.

From 2018 to 2022, the average annual growth rate of value from Brazil totaled +46.2%.

Import Prices by Country

The average tin ores and concentrates import price stood at $X per ton in 2022, dropping by -38.7% against the previous year. Overall, the import price saw a sharp decrease. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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

From 2018 to 2022, the rate of growth in terms of prices for Brazil amounted to -15.8% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The country with the largest volume of tin ores and concentrates consumption was China, 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?

Myanmar remains the largest tin ores and concentrates producing country worldwide, 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 the U.S.?

In value terms, Rwanda constituted the largest supplier of tin ores and concentrates to the United States, comprising 91% of total imports. The second position in the ranking was occupied by Brazil, with an 8% share of total imports.

What are the leading importers of tin ores and concentrates from the U.S.?

In value terms, Poland emerged as the key foreign market for tin ores and concentrates exports from the United States, comprising 72% of total exports. The second position in the ranking was occupied by Malaysia, with an 11% share of total exports. It was followed by Honduras, with an 8.8% share.

What is the average export price for tin ores and concentrates in the U.S.?

In 2021, the average tin ores and concentrates export price amounted to $4,262 per ton, increasing by 14% against the previous year.

What is the average import price for tin ores and concentrates in the U.S.?

In 2018, the average tin ores and concentrates import price amounted to $19,500 per ton, approximately reflecting the previous year.

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

United States

Data coverage:

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

Reasons to buy this report:

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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
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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