Which Country Exports the Most Tin Ores and Concentrates in the World?

In 2016, the global exports of tin ore stood at 26K tonnes, descending by -22.9% against the previous year figure. In general, tin ore exports continue to indicate a abrupt drop. The growth pace was the most rapid in 2011, when export increased by 39% year-to-year. In that year, global tin ore exports reached its maximum volume of 58K tonnes. From 2012 to 2016, growth of global tin ore exports stood at a somewhat lower level.

In value terms, tin ore exports amounted to $195M in 2016. In general, tin ore exports continue to indicate a measured growth. Over the period under review, global tin ore exports attained its maximum level of $418M in 2011; however, from 2012 to 2016, it stood at a somewhat lower level.

Top Tin Ore Exporting Countries in the World

1. Australia (96.9 million USD)

2. Rwanda (35.0 million USD)

3. Brazil (32.7 million USD)

4. Bolivia (7.6 million USD)

5. Singapore (6.3 million USD)

6. Russia (2.0 million USD)

Tin Ore Exports By Country

In 2016, Australia (15K tonnes) was the key exporter for tin ore, making up 58% of total exports. Rwanda (4.1K tonnes) ranks second globally in tin ore exports with a 16% share, following Brazil (12%). The following exporters - Russia (888 tonnes), Bolivia (824 tonnes), and Singapore (752 tonnes) took approx. 9% of total exports, each.

From 2007 to 2016, average annual rates of growth with regard to tin ore exports from Australia stood at +15.9%. At the same time, Brazil (+20.5%) displayed positive paces of growth. Moreover, Bolivia emerged as the fastest growing importer/exporter in the world, with a CAGR of -18.3% from 2007-2016. Russia experienced a relatively flat trend pattern. By contrast, Bolivia (-18.3%), Singapore (-4.6%), and Rwanda (-5.6%) illustrated a downward trend over the same period. Bolivia (16%), Rwanda (11%), and Singapore (2%) significantly strengthened its position in terms of the global exports, while Brazil, and Australia saw its share reduced by -9.5%, and -42.6% from 2007 to 2016, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($97M) remains the largest tin ore supplier in the world, making up 50% of global exports. The second position in the ranking was occupied by Rwanda ($35M), with the share of 18% of global exports. It was followed by Brazil, with the share of 17%.

From 2007 to 2016, the average annual rate of growth in terms of value of tin ore exports in Australia stood at +15.8%. The remaining exporting countries recorded the following average annual rates: Rwanda (-1.3% per year) and Brazil (+22.7% per year).

Tin Ore Export Prices By Country

In 2016, the average export price for tin ore amounted to $7,403 per tonne, going up by 24% against the previous year. Overall, tin ore export price continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2008, when export increased by 81% year-to-year. Over the period under review, average tin ore export price reached its maximum level of $10 per kg in 2014; however, from 2015 to 2016, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst major exporting countries. In 2016, the country with the highest export prices was Brazil ($11 per kg), while Russia ($2,290 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of tin ore export prices was attained by Global (+7.4% per year), while the other global leaders experienced mixed trends in the export price figures.

Do you want to know more about global tin ore market? Get the latest trends and insight from our report. It includes a wide range of statistics on

• tin ore market share
• tin ore prices
• tin ore industry
• tin ore sales
• tin ore import
• tin ore export
• tin ore market forecast
• tin ore price forecast
• key tin ore producers

All data provided in this article covers the following product: HS Code 2609 - Tin ores and concentrates.

Source: World: Tin Ores And Concentrates - Market Report. Analysis and Forecast to 2025