Vietnam: Tin Market 2020

Tin Market Size in Vietnam

The revenue of the tin market in Vietnam amounted to $X in 2017, surging by X% against the previous year. In general, tin consumption continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2008, when it surged by X% y-o-y. Over the period under review, the tin market reached its maximum level in 2017, and is expected to retain its growth in the near future.

Tin Production in Vietnam

In 2017, approx. X tons of tin were produced in Vietnam; coming up by X% against the previous year. Overall, the total output indicated a strong expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the tin production increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2010, when it surged by X% against the previous year. Over the period under review, the tin production attained its peak figure volume in 2017, and is expected to retain its growth in the immediate term.

Tin Exports from Vietnam

In 2017, exports of tin from Vietnam amounted to X tons, falling by -X% against the previous year. Overall, tin exports continue to indicate an abrupt descent. The pace of growth appeared the most rapid in 2010, when it surged by X% y-o-y. Vietnam exports peaked of X tons in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, tin exports stood at $X in 2017. Overall, tin exports continue to indicate a relatively flat trend pattern. Vietnam exports peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Tin Exports by Country from Vietnam

Indonesia represented the key exporting country with an export of about X tons, which resulted at X% of total exports. It was distantly followed by Malaysia (X tons), Singapore (X tons), Peru (X tons), Bolivia (X tons) and Belgium (X tons), together committing X% share of total exports. The following exporters - the Netherlands (X tons), Brazil (X tons), China, Hong Kong SAR (X tons), Thailand (X tons) and Taiwan, Chinese (X tons) together made up X% of total exports.

Indonesia experienced a relatively flat trend pattern of tin exports. At the same time, China, Hong Kong SAR (+X%), Taiwan, Chinese (+X%), Brazil (+X%), Bolivia (+X%), Malaysia (+X%) and Belgium (+X%) displayed positive paces of growth. Moreover, China, Hong Kong SAR emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. The Netherlands experienced a relatively flat trend pattern. By contrast, Peru (-X%), Singapore (-X%) and Thailand (-X%) illustrated a downward trend over the same period. While the share of Singapore (X%), Peru (X%) and Thailand (X%) increased significantly in terms of the global exports from 2007-2017, the share of China, Hong Kong SAR (-X%), Bolivia (-X%) and Malaysia (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X) remains the largest tin supplier from Vietnam, making up X% of global exports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of global exports. It was followed by Singapore, with a X% share.

In Indonesia, tin exports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Malaysia (+X% per year) and Singapore (-X% per year).

Tin Export Prices by Country in Vietnam

In 2017, the tin export price in Vietnam amounted to $X per kg, surging by X% against the previous year. Overall, the export price indicated a strong growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the tin export price decreased by -X% against 2012 indices. The most prominent rate of growth was recorded in 2008, when the export prices increased by X% against the previous year. Over the period under review, the export prices for tin attained its maximum level of $X per kg in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in the Netherlands ($X per kg) and Thailand ($X per kg), while Taiwan, Chinese ($X per kg) and Malaysia ($X per kg) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the Netherlands (+X% per year), while the other leaders experienced more modest paces of growth.

Tin Imports into Vietnam

In 2017, the amount of tin imported into Vietnam amounted to X tons, picking up by X% against the previous year. In general, tin imports continue to indicate a drastic reduction. The growth pace was the most rapid in 2009, with an increase of X% year-to-year. In that year, the tin imports attained their peak volume of X tons. From 2010 to 2017, growth of the tin imports failed to regain its momentum.

In value terms, tin imports totaled $X in 2017. In general, tin imports continue to indicate a drastic setback. Over the period under review, the tin imports attained its peak figure level of $X in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Tin Imports by Country into Vietnam

Hungary dominates tin imports structure, resulting at X tons, which was approx. X% of total imports in 2017. The following importers - the U.S. (X tons) and Japan (X tons) each finished at a X% share of total imports.

Hungary was also the fastest growing in terms of the tin imports, with a CAGR of +X% from 2007 to 2017. The U.S. experienced a relatively flat trend pattern. Japan (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Hungary decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest tin markets worldwide were the U.S. ($X), Japan ($X) and Vietnam ($X), together comprising X% of total imports.

The U.S. (+X% per year) recorded the highest rates of growth with regard to imports, in terms of the main importing countriesover the last decade, while the other leaders experienced mixed trends in the imports figures.

Tin Import Prices by Country in Vietnam

In 2017, the tin import price in Vietnam amounted to $X per kg, falling by -X% against the previous year. Overall, the import price indicated a slight increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the tin import price decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2011, an increase of X% year-to-year. Vietnam import price peaked of $X per kg in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Japan ($X per kg), while Hungary ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Japan (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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