Price for Tin; Waste and Scrap in Thailand - 2023

Contents:

1. Price for Tin; Waste and Scrap in Thailand (FOB) - 2022
2. Price for Tin; Waste and Scrap in Thailand (CIF) - 2022
3. Exports of Tin; Waste and Scrap in Thailand
4. Imports of Tin; Waste and Scrap in Thailand

Price for Tin; Waste and Scrap in Thailand (FOB) - 2022

In 2022, the average tin; waste and scrap export price amounted to $9,178 per ton, flattening at the previous year. Over the period under review, the export price recorded a noticeable decrease. The growth pace was the most rapid in 2021 an increase of 66%. The export price peaked at $22,083 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($9,015 per ton), while the average price for exports to Belgium totaled $8,684 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (-4.9%).

Price for Tin; Waste and Scrap in Thailand (CIF) - 2022

In 2022, the average tin; waste and scrap import price amounted to $1,906 per ton, falling by -88.2% against the previous year. Overall, the import price faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by 363% against the previous year. The import price peaked at $21,311 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,000 per ton), while the price for Vietnam ($1,089 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+132.4%), while the prices for the other major suppliers experienced a decline.

Exports of Tin; Waste and Scrap in Thailand

For the fourth year in a row, Thailand recorded growth in overseas shipments of tin; waste and scraps, which increased by 42% to 1.4K tons in 2022. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 88% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, tin; waste and scrap exports soared to $13M in 2022. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 131% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in years to come.

Top Export Markets for Tin; Waste and Scrap from Thailand in 2022:

1. Hong Kong SAR (undefined tons)
2. Belgium (1339.6 tons)
3. China (30.8 tons)

Imports of Tin; Waste and Scrap in Thailand

In 2022, imports of tin; waste and scraps into Thailand surged to 37 tons, jumping by 585% against 2021. Over the period under review, imports saw a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 270,050%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, tin; waste and scrap imports dropped rapidly to $71K in 2022. In general, imports, however, saw a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 1,250,357% against the previous year.

Top Suppliers of Tin; Waste and Scrap to Thailand in 2022:

1. United States (undefined tons)
2. Rwanda (23.3 tons)
3. Vietnam (9.0 tons)
4. Cambodia (2.5 tons)
5. Lao People's Democratic Republic (2.2 tons)

Source: IndexBox Market Intelligence Platform