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

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

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Tin Bar Price in Hong Kong SAR - 2023

Contents:

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

Tin Bar Price in Hong Kong SAR (FOB) - 2023

In June 2023, the average tin bar export price amounted to $34,773 per ton, dropping by -4.3% against the previous month. Over the period under review, the export price showed a noticeable decrease. The growth pace was the most rapid in February 2023 when the average export price increased by 25% m-o-m. Over the period under review, the average export prices reached the maximum at $47,929 per ton in July 2022; however, from August 2022 to June 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was China ($36,631 per ton), while the average price for exports to Sri Lanka ($6,383 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 Taiwan (Chinese) (-1.0%), while the prices for the other major destinations experienced a decline.

Tin Bar Price in Hong Kong SAR (CIF) - 2023

In June 2023, the average tin bar import price amounted to $40,466 per ton, shrinking by -1.8% against the previous month. In general, the import price continues to indicate a noticeable descent. The pace of growth was the most pronounced in May 2023 an increase of 13% month-to-month. The import price peaked at $55,909 per ton in June 2022; however, from July 2022 to June 2023, import prices remained at a 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 Japan ($44,768 per ton), while the price for Malaysia ($27,549 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 Japan (-2.1%), while the prices for the other major suppliers experienced a decline.

Tin Bar Exports in Hong Kong SAR

Tin bar exports from Hong Kong SAR contracted to 838 tons in 2022, which is down by -13.6% against 2021 figures. In general, exports showed a precipitous setback. The smallest decline of -12.5% was in 2021.

In value terms, tin bar exports expanded sharply to $34M in 2022. Over the period under review, exports faced a deep setback. The pace of growth appeared the most rapid in 2021 when exports increased by 19%.

Export of Tin Bar in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China23.721.525.523.0-1.0%
Vietnam3.83.33.45.714.5%
Taiwan (Chinese)0.30.71.02.088.2%
United StatesN/AN/AN/A0.60%
MexicoN/AN/AN/A0.50%
Malaysia29.30.20.10.3-78.3%
Sri LankaN/A0.10.10.241.4%
Others2.20.61.11.4-14.0%
Total59.326.431.433.7-17.2%

Top Export Markets for Tin Bar from Hong Kong SAR in 2022:

  1. China (505.3 tons)
  2. Vietnam (153.9 tons)
  3. Taiwan (Chinese) (49.4 tons)
  4. Mexico (23.5 tons)
  5. Sri Lanka (23.1 tons)
  6. Malaysia (19.0 tons)
  7. United States (18.1 tons)

Tin Bar Imports in Hong Kong SAR

Tin bar imports into Hong Kong SAR dropped slightly to 825 tons in 2022, shrinking by -1.8% compared with the year before. Overall, imports saw a abrupt slump.

In value terms, tin bar imports soared to $40M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +15.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Tin Bar in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)7.66.17.413.019.6%
Japan7.88.212.112.717.6%
China2.92.64.26.832.9%
Malaysia3.03.13.43.99.1%
Thailand0.50.3N/A1.647.4%
Singapore2.60.91.10.7-35.4%
Others1.41.21.11.0-10.6%
Total25.722.529.439.715.6%

Top Suppliers of Tin Bar to Hong Kong SAR in 2022:

  1. Taiwan (Chinese) (251.5 tons)
  2. Japan (237.5 tons)
  3. China (173.6 tons)
  4. Malaysia (101.1 tons)
  5. Thailand (24.0 tons)
  6. Singapore (16.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the tin bar market in Hong Kong SAR, 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:

  • Hong Kong SAR

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Hong Kong SAR, 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
Store
Blog
Event
In November 2023, Hong Kong Sees a Slight Decrease in Tin Bar Imports, With a Total Value of $1.1M
Apr 6, 2024
Eye 89

The Tin Bar saw its highest growth rate in October 2023, jumping by 80% compared to the previous month. Import values slightly decreased to $1.1M in November 2023.

Tin Bar Price in Hong Kong Drops by 4%, Averaging $34.8/kg Following Three Months of Decline.
Sep 25, 2023
Eye 275

The price of Tin Bar in June 2023 was $34,773 per ton (FOB, Hong Kong), showing a decrease of -4.3% compared to the previous month.

Which Country Imports the Most Tin Bars, Rods, Profiles and Wire in the World?
Jul 26, 2018
Eye 737

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 1396

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, ...

In November 2023, Hong Kong Sees a Slight Decrease in Tin Bar Imports, With a Total Value of $1.1M
Apr 6, 2024
Eye 89

The Tin Bar saw its highest growth rate in October 2023, jumping by 80% compared to the previous month. Import values slightly decreased to $1.1M in November 2023.

Tin Bar Price in Hong Kong Drops by 4%, Averaging $34.8/kg Following Three Months of Decline.
Sep 25, 2023
Eye 275

The price of Tin Bar in June 2023 was $34,773 per ton (FOB, Hong Kong), showing a decrease of -4.3% compared to the previous month.

Which Country Imports the Most Tin Bars, Rods, Profiles and Wire in the World?
Jul 26, 2018
Eye 737

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 1396

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 - Hong Kong SAR