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Report World - Tin Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

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

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Overview of the Global Market for Tin Ores And Concentrates

Market Size for Tin Ores And Concentrates

In 2022, the global tin ores and concentrates market increased by 12% to $X, rising for the second consecutive year after four years of decline. In general, consumption saw resilient growth. Over the period under review, the global market reached the peak level in 2022 and is expected to retain growth in years to come.

Production of Tin Ores And Concentrates

In value terms, tin ores and concentrates production dropped modestly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +37.8% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 38% against the previous year. As a result, production attained the peak level of $X, and then fell slightly in the following year.

Exports of Tin Ores And Concentrates

Exports

In 2022, shipments abroad of tin ores and concentrateses decreased by -6.7% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of 100% against the previous year. The global exports peaked at X tons in 2021, and then contracted in the following year.

In value terms, tin ores and concentrates exports fell to $X in 2022. Overall, exports, however, posted strong growth. The growth pace was the most rapid in 2021 with an increase of 114%. As a result, the exports reached the peak of $X, and then dropped in the following year.

Exports by Country

The biggest shipments were from Australia (X tons), Brazil (X tons), Democratic Republic of the Congo (X tons) and Congo (X tons), together reaching 75% of total export. It was distantly followed by Rwanda (X tons), generating a 5.2% share of total exports. Lao People's Democratic Republic (X tons), Kenya (X tons), Russia (X tons), Vietnam (X tons) and Nigeria (X tons) took a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +58.8%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest tin ores and concentrates supplying countries worldwide were Australia ($X), Democratic Republic of the Congo ($X) and Congo ($X), together accounting for 65% of global exports. Brazil, Rwanda, Kenya, Lao People's Democratic Republic, Vietnam, Russia and Nigeria lagged somewhat behind, together comprising a further 28%.

In terms of the main exporting countries, Vietnam, with a CAGR of +75.5%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average tin ores and concentrates export price stood at $X per ton in 2022, with a decrease of -4.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2021 when the average export price increased by 38% against the previous year. As a result, the export price attained the peak level of $X per ton, and then shrank slightly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Rwanda ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+18.1%), while the other global leaders experienced more modest paces of growth.

Imports of Tin Ores And Concentrates

Imports

In 2022, overseas purchases of tin ores and concentrateses increased by 22% to X tons, rising for the second year in a row after four years of decline. In general, imports posted buoyant growth. The pace of growth appeared the most rapid in 2013 when imports increased by 94%. Over the period under review, global imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, tin ores and concentrates imports soared to $X in 2022. Overall, imports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 145% against the previous year. Global imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

China prevails in imports structure, resulting at X tons, which was approx. 86% of total imports in 2022. Thailand (X tons) held a 5.5% share (based on physical terms) of total imports, which put it in second place, followed by Malaysia (4.7%).

Imports into China increased at an average annual rate of +21.8% from 2012 to 2022. At the same time, Thailand (+25.6%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing importer imported in the world, with a CAGR of +25.6% from 2012-2022. By contrast, Malaysia (-6.3%) illustrated a downward trend over the same period. China (+34 p.p.) and Thailand (+3 p.p.) significantly strengthened its position in terms of the global imports, while Malaysia saw its share reduced by -34.9% from 2012 to 2022, respectively.

In value terms, China ($X) constitutes the largest market for imported tin ores and concentrateses worldwide, comprising 77% of global imports. The second position in the ranking was held by Thailand ($X), with a 12% share of global imports.

In China, tin ores and concentrates imports increased at an average annual rate of +27.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Thailand (+37.5% per year) and Malaysia (-4.5% per year).

Import Prices by Country

In 2022, the average tin ores and concentrates import price amounted to $X per ton, with an increase of 5.8% against the previous year. In general, the import price saw a modest expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 95% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+9.5%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China remains the largest tin ores and concentrates consuming country worldwide, 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.
Myanmar constituted the country with the largest volume of tin ores and concentrates production, 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.
In value terms, Myanmar remains the largest tin ores and concentrates supplier worldwide, comprising 39% of global exports. The second position in the ranking was occupied by Australia, with an 18% share of global exports. It was followed by Nigeria, with a 17% share.
In value terms, China constitutes the largest market for imported tin ores and concentrateses worldwide, comprising 66% of global imports. The second position in the ranking was occupied by Thailand, with a 16% share of global imports.
The average tin ores and concentrates export price stood at $5,810 per ton in 2021, surging by 42% against the previous year.
The average tin ores and concentrates import price stood at $7,653 per ton in 2021, rising by 52% against the previous year.

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

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. 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. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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