Austria: Market for Tin Ores And Concentrates 2023

Market Size for Tin Ores And Concentrates in Austria

The Austrian tin ores and concentrates market contracted to $X in 2021, approximately mirroring the previous year. Over the period under review, consumption, however, showed a tangible increase. Tin ores and concentrates consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Production of Tin Ores And Concentrates in Austria

In value terms, tin ores and concentrates production shrank to $X in 2021 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 26%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Exports of Tin Ores And Concentrates

Exports from Austria

In 2019, overseas shipments of tin ores and concentrateses decreased by 0% to X kg, falling for the second year in a row after four years of growth. Over the period under review, exports recorded a drastic downturn. The pace of growth appeared the most rapid in 2016 when exports increased by 100% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2019, the exports failed to regain momentum.

In value terms, tin ores and concentrates exports totaled $X in 2019. Overall, exports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2016 with an increase of 142% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2019, the exports failed to regain momentum.

Exports by Country

China (X kg) was the main destination for tin ores and concentrates exports from Austria, accounting for a approx. 100% share of total exports.

From 2012 to 2019, the average annual rate of growth in terms of volume to China was relatively modest.

From 2012 to 2019, the average annual rate of growth in terms of value to China was relatively modest.

Export Prices by Country

The average tin ores and concentrates export price stood at $X per ton in 2019, remaining stable against the previous year. Overall, the export price recorded a deep setback. The pace of growth was the most pronounced in 2016 an increase of 21% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2019, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2019, the rate of growth in terms of prices for Hungary amounted to +12.8% per year.

Imports of Tin Ores And Concentrates

Imports into Austria

In 2019, overseas purchases of tin ores and concentrateses increased by 32% to X kg, rising for the fifth year in a row after two years of decline. In general, imports, however, saw a abrupt descent. Over the period under review, imports attained the maximum at X kg in 2012; however, from 2013 to 2019, imports remained at a lower figure.

In value terms, tin ores and concentrates imports fell to $X in 2019. Overall, imports, however, continue to indicate a abrupt slump. The smallest decline of -1.3% was in 2014. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2019, imports failed to regain momentum.

Imports by Country

In 2019, Rwanda (X kg) was the main supplier of tin ores and concentrates to Austria, accounting for a approx. 100% share of total imports.

From 2012 to 2019, the average annual growth rate of volume from Rwanda stood at -9.6%.

In value terms, Rwanda ($X) constituted the largest supplier of tin ores and concentrates to Austria.

From 2012 to 2019, the average annual growth rate of value from Rwanda totaled -8.4%.

Import Prices by Country

In 2019, the average tin ores and concentrates import price amounted to $X per ton, waning by -26% against the previous year. Over the period under review, the import price, however, showed modest growth. The most prominent rate of growth was recorded in 2013 an increase of 74% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2019, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Rwanda.

From 2012 to 2019, the rate of growth in terms of prices for Rwanda amounted to +1.4% per year.

Source: IndexBox Market Intelligence Platform

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