
Spain - Tin Ores And Concentrates - Market Analysis, Forecast, Size, Trends And Insights
Price of Spain's Tin Ores and Concentrates Rises to $15.9/kg
Spain Tin Ore Export Price in April 2023
In April 2023, the tin ore price stood at $15,852 per ton (FOB, Spain), surging by 17% against the previous month. Over the period under review, the export price, however, saw a noticeable downturn. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 21% against the previous month. The export price peaked at $27,275 per ton in May 2022; however, from June 2022 to April 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Malaysia.
From April 2022 to April 2023, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per month.

COUNTRY | Export Price of Tin Ore in Spain (USD per ton) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | |
Malaysia | 27,084 | 27,275 | 23,530 | 16,234 | 15,655 | 13,958 | 12,747 | 12,097 | 14,645 | 15,561 | 17,357 | 13,590 | 16,335 |
United Arab Emirates | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 19,538 | N/A | N/A |
Average | 26,857 | 27,275 | 23,530 | 16,133 | 15,656 | 13,958 | 12,747 | 12,097 | 14,645 | 15,553 | 18,446 | 13,590 | 15,852 |
Spain Tin Ore Exports
In April 2023, the amount of tin ores and concentrateses exported from Spain soared to 54 tons, rising by 133% against the month before. Overall, exports enjoyed a strong increase. The most prominent rate of growth was recorded in June 2022 when exports increased by 400% against the previous month. As a result, the exports attained the peak of 100 tons. From July 2022 to April 2023, the growth of the exports remained at a somewhat lower figure.
In value terms, tin ores and concentrates exports surged to $854K (IndexBox estimates) in April 2023. Over the period under review, exports posted measured growth. The pace of growth appeared the most rapid in June 2022 with an increase of 331% against the previous month. As a result, the exports reached the peak of $2.4M. From July 2022 to April 2023, the growth of the exports failed to regain momentum.
Spain Tin Ore Exports by Country
Malaysia (46 tons) was the main destination for tin ores and concentrates exports from Spain, with a 86% share of total exports. Moreover, tin ores and concentrates exports to Malaysia exceeded the volume sent to the second major destination, China (7.7 tons), sixfold.
From April 2022 to April 2023, the average monthly growth rate of volume to Malaysia totaled +6.7%.
In value terms, Malaysia ($754K) remains the key foreign market for tin ores and concentrates exports from Spain, comprising 88% of total exports. The second position in the ranking was held by China ($100K), with a 12% share of total exports.
From April 2022 to April 2023, the average monthly growth rate of value to Malaysia amounted to +2.3%.
This report provides an in-depth analysis of the market for tin ores and concentrates in Spain. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, February 8th, 2022 @ 04:00 pm ET
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, January 25th, 2022 @ 04:00 pm ET
Join our live webinar to get insights into cooling innovations in the oil and gas industry.
Monday, November 2nd, 2020 @ 04:00 pm ET