China - Tin Bars, Rods, Profiles And Wires - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

China - Tin Bars, Rods, Profiles And Wires - Market Analysis, Forecast, Size, Trends And Insights

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Tin Bar Price in China - 2023

Contents:

  1. Tin Bar Price in China (CIF) - 2023
  2. Tin Bar Price in China (FOB) - 2023
  3. Tin Bar Imports in China
  4. Tin Bar Exports in China

Tin Bar Price in China (CIF) - 2023

The average tin bar import price stood at $7,897 per ton in June 2023, declining by -76.8% against the previous month. Over the period under review, the import price continues to indicate a deep slump. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 21% month-to-month. Over the period under review, average import prices hit record highs at $47,377 per ton in June 2022; however, from July 2022 to June 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($49,361 per ton), while the price for Japan ($3,014 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Indonesia (+3.3%), while the prices for the other major suppliers experienced a decline.

Tin Bar Price in China (FOB) - 2023

The average tin bar export price stood at $30,889 per ton in June 2023, growing by 9.7% against the previous month. Overall, the export price, however, continues to indicate a perceptible descent. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 25% month-to-month. Over the period under review, the average export prices hit record highs at $45,087 per ton in June 2022; however, from July 2022 to June 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Brazil ($34,296 per ton), while the average price for exports to Israel ($2,955 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+0.6%), while the prices for the other major destinations experienced mixed trend patterns.

Tin Bar Imports in China

In 2022, purchases abroad of tin bars, rods, profiles and wires decreased by -17.5% to 1.5K tons, falling for the second year in a row after two years of growth. Overall, imports recorded a abrupt slump. The growth pace was the most rapid in 2020 when imports increased by 30%. As a result, imports reached the peak of 2.4K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, tin bar imports stood at $68M in 2022. The total import value increased at an average annual rate of +11.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 19% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Import of Tin Bar in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan15.110.314.917.14.2%
South Korea5.95.511.712.628.8%
Malaysia6.04.05.05.7-1.7%
IndonesiaN/A7.65.54.9-19.7%
Thailand3.72.32.93.4-2.8%
Germany0.80.91.31.626.0%
Singapore2.50.81.20.9-28.9%
Taiwan (Chinese)13.0N/AN/AN/A0%
Others2.122.822.121.2116.1%
Total49.054.264.567.511.3%

Top Suppliers of Tin Bar to China in 2022:

  1. Japan (314.3 tons)
  2. South Korea (294.1 tons)
  3. Malaysia (155.4 tons)
  4. Indonesia (122.5 tons)
  5. Thailand (89.1 tons)
  6. Germany (29.9 tons)
  7. Singapore (26.0 tons)

Tin Bar Exports in China

After three years of growth, shipments abroad of tin bars, rods, profiles and wires decreased by -16.5% to 530 tons in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 22%. As a result, the exports reached the peak of 635 tons, and then dropped rapidly in the following year.

In value terms, tin bar exports rose notably to $20M in 2022. Overall, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 80% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Tin Bar in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam1.42.44.54.446.5%
India2.01.71.93.520.5%
United Arab EmiratesN/A0.12.52.3379.6%
Sri Lanka0.50.40.91.026.0%
Mexico0.10.10.10.9108.0%
United StatesN/AN/A0.90.90.0%
Singapore1.10.40.90.4-28.6%
Chile0.20.30.20.426.0%
Malaysia1.30.72.60.3-38.7%
Hong Kong SAR2.0N/AN/AN/A0%
Others1.74.54.46.052.3%
Total10.210.418.820.125.4%

Top Export Markets for Tin Bar from China in 2022:

  1. Vietnam (104.2 tons)
  2. India (89.0 tons)
  3. United Arab Emirates (61.0 tons)
  4. Sri Lanka (37.2 tons)
  5. Mexico (25.0 tons)
  6. United States (20.0 tons)
  7. Chile (14.4 tons)
  8. Malaysia (9.4 tons)
  9. Singapore (8.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the tin bar market in China. 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 24432400 - Tin bars, rods, profiles and wires

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • 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. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. 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. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

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

    The Largest Destinations for Exports

    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. 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 In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Event
China Tin Bar Imports Surge by 9% to $3.7M in April 2023
Jul 17, 2023
Eye 223

Discovering the value of tin bar imports in April 2023 – importers spent an estimated $3.7M on tin bar shipments that month.

Which Country Imports the Most Tin Bars, Rods, Profiles and Wire in the World?
Jul 26, 2018
Eye 739

In value terms, tin bars, rods, profiles and wire imports stood at $X in 2016. Overall, tin bars, rods, profiles and wire imports continue to indicate a pronounced downturn. Over the period under r...

Which Country Exports the Most Tin Bars, Rods, Profiles and Wire in the World?
Jul 26, 2018
Eye 1405

In value terms, tin bars, rods, profiles and wire exports stood at $X in 2016. In general, tin bars, rods, profiles and wire exports continue to indicate a significant drop. Global tin bars, rods, ...

China Tin Bar Imports Surge by 9% to $3.7M in April 2023
Jul 17, 2023
Eye 223

Discovering the value of tin bar imports in April 2023 – importers spent an estimated $3.7M on tin bar shipments that month.

Which Country Imports the Most Tin Bars, Rods, Profiles and Wire in the World?
Jul 26, 2018
Eye 739

In value terms, tin bars, rods, profiles and wire imports stood at $X in 2016. Overall, tin bars, rods, profiles and wire imports continue to indicate a pronounced downturn. Over the period under r...

Which Country Exports the Most Tin Bars, Rods, Profiles and Wire in the World?
Jul 26, 2018
Eye 1405

In value terms, tin bars, rods, profiles and wire exports stood at $X in 2016. In general, tin bars, rods, profiles and wire exports continue to indicate a significant drop. Global tin bars, rods, ...

Free Data: Tin Bars, Rods, Profiles And Wires - China