Africa: Tin Market 2022

Tin Market Size in Africa

The African tin market rose remarkably to $X in 2021, increasing by X% against the previous year. Over the period under review, consumption, however, recorded a deep setback. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Tin Production in Africa

In value terms, tin production contracted modestly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2019 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2020, and then contracted modestly in the following year.

Production By Country in Africa

Rwanda (X tonnes) remains the largest tin producing country in Africa, comprising approx. X% of total volume. Moreover, tin production in Rwanda exceeded the figures recorded by the second-largest producer, Nigeria (X tonnes), twofold. The third position in this ranking was occupied by Tanzania (X tonnes), with a X% share.

In Rwanda, tin production expanded at an average annual rate of +X% over the period from 2012-2021. The remaining producing countries recorded the following average annual rates of production growth: Nigeria (+X% per year) and Tanzania (+X% per year).

Tin Exports

Exports in Africa

Tin exports surged to X tonnes in 2021, jumping by X% compared with the previous year. Over the period under review, exports posted prominent growth. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports reached the maximum in 2021 and are likely to continue growth in the immediate term.

In value terms, tin exports soared to $X in 2021. Overall, exports showed a buoyant expansion. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

In 2021, Nigeria (X tonnes), Rwanda (X tonnes) and Tanzania (X tonnes) represented the main exporter of tin in Africa, mixing up X% of total export. It was distantly followed by South Africa (X tonnes), comprising a X% share of total exports. Tunisia (X tonnes) held a little share of total exports.

From 2012 to 2021, the biggest increases were in Rwanda (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest tin supplying countries in Africa were Nigeria ($X), Rwanda ($X) and Tanzania ($X), with a combined X% share of total exports.

Rwanda, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Africa stood at $X per tonne in 2021, surging by X% against the previous year. Export price indicated noticeable growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Tunisia ($X per tonne), while Rwanda ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tanzania (+X%), while the other leaders experienced more modest paces of growth.

Tin Imports

Imports in Africa

In 2021, after three years of decline, there was significant growth in overseas purchases of tin, when their volume increased by X% to X tonnes. Over the period under review, imports, however, saw a deep slump. The volume of import peaked at X tonnes in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, tin imports skyrocketed to $X in 2021. Overall, imports, however, saw a deep setback. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

South Africa was the largest importer of tin in Africa, with the volume of imports amounting to X tonnes, which was approx. X% of total imports in 2021. Egypt (X tonnes) took the second position in the ranking, followed by Tunisia (X tonnes) and Algeria (X tonnes). All these countries together held near X% share of total imports. The following importers - Kenya (X tonnes) and Morocco (X tonnes) - each accounted for a X% share of total imports.

Imports into South Africa decreased at an average annual rate of -X% from 2012 to 2021. At the same time, Kenya (+X%) and Morocco (+X%) displayed positive paces of growth. Moreover, Kenya emerged as the fastest-growing importer imported in Africa, with a CAGR of +X% from 2012-2021. Egypt and Algeria experienced a relatively flat trend pattern. By contrast, Tunisia (-X%) illustrated a downward trend over the same period. While the share of Egypt (+X p.p.), Tunisia (+X p.p.), Kenya (+X p.p.), Algeria (+X p.p.) and Morocco (+X p.p.) increased significantly in terms of the total imports from 2012-2021, the share of South Africa (-X p.p.) displayed negative dynamics.

In value terms, South Africa ($X) constitutes the largest market for imported tin in Africa, comprising X% of total imports. The second position in the ranking was occupied by Egypt ($X), with a X% share of total imports. It was followed by Tunisia, with an X% share.

In South Africa, tin imports plunged by an average annual rate of -X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Egypt (+X% per year) and Tunisia (-X% per year).

Import Prices by Country

The import price in Africa stood at $X per tonne in 2021, increasing by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, import price reached the peak level of $X per tonne. From 2014 to 2021, the import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Kenya ($X per tonne), while South Africa ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kenya (+X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform