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

Uranium And Thorium Ores May 28, 2018
Author: Sergey Avramenko
Head of Global Markets Research Team

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

IndexBox has just published a new report "World: Thermostats ; Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

Global thermostat imports amounted to 674K tonnes in 2016, increasing by 6% against the previous year figure. The total import volume increased at an average annual rate of +1.2% from 2007 to 2016; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2010, an increase of 18% year;to;year. Over the period under review, global thermostat imports reached its maximum volume in 2016, and are expected to retain its growth in the immediate term.

In value terms, thermostat imports amounted to $34B in 2016. The total import value increased at an average annual rate of +2.2% from 2007 to 2016; the trend pattern indicated some noticeable fluctuations over the period under review. Global thermostat import peaked of $36B in 2014; however, from 2015 to 2016, it failed to regain its strength.

Top Thermostat Importing Countries in the World

1. USA (4.7 billion USD)

2. China (4.5 billion USD)

3. Germany (2.6 billion USD)

4. Japan (1.9 billion USD)

5. Mexico (1.5 billion USD)

6. United Kingdom (1.4 billion USD)

7. France (1.1 billion USD)

8. Spain (0.7 billion USD)

9. Turkey (0.6 billion USD)

10. Hungary (0.3 billion USD)

11. Malaysia (0.3 billion USD)

12. Denmark (0.2 billion USD)

Thermostat Imports By Country

China (61K tonnes), Japan (55K tonnes), the U.S. (52K tonnes), Germany (37K tonnes), Mexico (31K tonnes), Denmark (31K tonnes), Malaysia (29K tonnes), France (26K tonnes), Spain (23K tonnes), Turkey (23K tonnes), the UK (22K tonnes), and Hungary (18K tonnes) represented roughly 60% of total imports of thermostat in 2016.

From 2007 to 2016, the most notable growth rate of thermostat imports, among the main importing countries, was attained by Turkey (+14.3% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the largest thermostat markets worldwide were the U.S. ($4.7B), China ($4.5B) and Germany ($2.6B), together comprising 35% of global imports.Japan, Mexico, the UK, France, Spain, Turkey, Hungary, Malaysia and Denmark lagged somewhat behind, together comprising a further 24%.

Turkey (+11.6% per year) experienced the highest rates of growth with regard to the thermostat imports, in terms of the main importing countries, over the last 9 years, while the other global leaders experienced more modest paces of growth.

Thermostat Import Prices By Country

The average thermostat import price stood at $50 per kg in 2016, reducing by ;3.4% against the previous year. In general, thermostat import price continues to indicate a slight growth. The most prominent rate of growth was recorded in 2008, an increase of 10% year;to;year. Global thermostat import peaked of $57 per kg in 2013; however, from 2014 to 2016, it failed to regain its strength.

Import prices varied noticeably by country of destination. the country with the highest import prices was the U.S. ($90 per kg), while Denmark ($6,739 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of thermostat import prices was attained by Hungary (+6.6% per year), while the other global leaders experienced more modest paces of growth.

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

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

All data provided in this article covers the following product: HS Code 9032 ; Regulating or controlling instruments and apparatus; automatic type.

Source: World: Thermostats ; Market Report. Analysis and Forecast to 2025"

"IndexBox has just published a new report "World: Tin Ores And Concentrates - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

In 2016, the amount of tin ore imported worldwide totaled 515K tonnes, ascending by 55% against the previous year figure. In general, tin ore imports continue to indicate an outstanding increase. The pace of growth appeared the most rapid in 2013, when imports increased by 94% against the previous year level. Over the period under review, global tin ore imports reached its maximum volume in 2016, and are likely to continue its growth in the near future.

In value terms, tin ore imports amounted to $1.2B in 2016. Overall, tin ore imports continue to indicate a remarkable increase. In that year, global tin ore imports reached its maximum level, and are likely to continue its growth in the immediate term.

Top Tin Ore Importing Countries in the World

1. China (814.6 million USD)

2. Malaysia (295.6 million USD)

3. Thailand (77.6 million USD)

4. Singapore (4.2 million USD)

5. France (1.0 million USD)

6. India (0.7 million USD)

7. Belgium (0.2 million USD)

Tin Ore Imports By Country

China (475K tonnes) prevails in tin ore imports structure, resulting at 475K tonnes, which was approx. 92% of total imports in 2016. It was distantly followed by Malaysia (31K tonnes), constituting 6% share of total tin ore imports. The following importers - Thailand (7.9K tonnes) held approx. 2% of total imports, each. Belgium, Singapore, India, and France countries occupied the negligible share of total imports.

Imports into China increased at an average annual rate of +41.6% from 2007 to 2016. At the same time, Belgium (+62.0%), and Malaysia (+4.8%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest growing importer/exporter in the world, with a CAGR of +62.0% from 2007-2016. By contrast, France (-1.8%), Thailand (-5.4%), Singapore (-14.7%), and India (-26.3%) illustrated a downward trend over the same period. While the share of Malaysia (-2.0%), and China (-88.1%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($815M) constitutes the largest market for imported tin ore worldwide, making up 67% of global imports. The second position in the ranking was occupied by Malaysia ($296M), with the share of 24% of global imports. It was followed by Thailand, with the share of 6%.

In China, tin ore imports expanded at an average annual rate of +45.6% over the period from 2007-2016. The remaining importing countries recorded the following average annual rates: Malaysia (+7.4% per year) and Thailand (-4.2% per year).

Tin Ore Import Prices By Country

The average tin ore import price stood at $2,360 per tonne in 2016, moving up by 6% against the previous year. Overall, tin ore import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2008, an increase of 46% y-o-y. Global tin ore import peaked of $8,503 per tonne in 2011- however, from 2012 to 2016, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was France ($17 per kg), while Belgium ($164 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of tin ore import prices was attained by Singapore (+6.4% per year), while the other global leaders experienced more modest paces of growth.

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