Report Update Apr 1, 2024

Spain - Tin Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights

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Spain: Market for Tin Ores And Concentrates 2024

Market Size for Tin Ores And Concentrates in Spain

The Spanish tin ores and concentrates market declined notably to $X in 2022, reducing by -53.7% against the previous year. Overall, consumption showed a significant decrease. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Production of Tin Ores And Concentrates in Spain

In value terms, tin ores and concentrates production reached $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 27% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Exports of Tin Ores And Concentrates

Exports from Spain

For the fifth year in a row, Spain recorded growth in shipments abroad of tin ores and concentrateses, which increased by 10% to X tons in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 836,700%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, tin ores and concentrates exports soared to $X in 2022. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 361,026% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Malaysia (X tons) was the main destination for tin ores and concentrates exports from Spain, with a 96% share of total exports. Moreover, tin ores and concentrates exports to Malaysia exceeded the volume sent to the second major destination, Myanmar (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Malaysia totaled +30.3%.

In value terms, Malaysia ($X) remains the key foreign market for tin ores and concentrateses exports from Spain, comprising 95% of total exports. The second position in the ranking was taken by Myanmar ($X), with a 4.4% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Malaysia stood at +32.4%.

Export Prices by Country

The average tin ores and concentrates export price stood at $X per ton in 2022, picking up by 17% against the previous year. Overall, the export price posted a slight increase. The most prominent rate of growth was recorded in 2014 an increase of 773% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Myanmar ($X per ton), while the average price for exports to Malaysia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Luxembourg (+24.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tin Ores And Concentrates

Imports into Spain

In 2022, tin ores and concentrates imports into Spain surged to X tons, rising by 24% against the year before. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 5,594% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, tin ores and concentrates imports skyrocketed to $X in 2022. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 8,063%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Luxembourg (X tons), Venezuela (X tons) and Brazil (X tons) were the main suppliers of tin ores and concentrates imports to Spain, together accounting for 81% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Venezuela (with a CAGR of +97,204.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest tin ores and concentrates suppliers to Spain were Brazil ($X), Luxembourg ($X) and Venezuela ($X), together accounting for 96% of total imports.

In terms of the main suppliers, Venezuela, with a CAGR of +20,153.9%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average tin ores and concentrates import price stood at $X per ton in 2022, rising by 37% against the previous year. Overall, the import price, however, recorded a mild setback. The growth pace was the most rapid in 2014 an increase of 250% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for Namibia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (+19.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tin ores and concentrates in the world?

China remains the largest tin ores and concentrates consuming country worldwide, comprising approx. 63% of total volume. Moreover, tin ores and concentrates consumption in China exceeded the figures recorded by the second-largest consumer, Sierra Leone, eightfold. The third position in this ranking was taken by the United States, with a 6% share.

What are the largest producers of tin ores and concentrates in the world?

The countries with the highest volumes of production in 2022 were Sierra Leone, the United States and Australia, with a combined 42% share of global production. These countries were followed by Democratic Republic of the Congo, Congo, Brazil, Rwanda, Bolivia, Indonesia, Lao People's Democratic Republic, Kenya and Tanzania, which together accounted for a further 48%.

What are the leading suppliers of tin ores and concentrates to Spain?

In value terms, the largest tin ores and concentrates suppliers to Spain were Brazil, Luxembourg and Venezuela, with a combined 96% share of total imports.

What are the leading importers of tin ores and concentrates from Spain?

In value terms, Malaysia remains the key foreign market for tin ores and concentrateses exports from Spain, comprising 95% of total exports. The second position in the ranking was held by Myanmar, with a 4.4% share of total exports.

What is the average export price for tin ores and concentrates in Spain?

In 2022, the average tin ores and concentrates export price amounted to $18,504 per ton, picking up by 17% against the previous year.

What is the average import price for tin ores and concentrates in Spain?

In 2022, the average tin ores and concentrates import price amounted to $8,734 per ton, surging by 37% against the previous year.

This report provides an in-depth analysis of the market for tin ores and concentrates in Spain. 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 07291530 -

Country coverage:

Spain

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Spain
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

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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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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