Report Update Apr 1, 2024

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

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United Kingdom: Market for Tin Ores And Concentrates 2024

Market Size for Tin Ores And Concentrates in the UK

The UK tin ores and concentrates market stood at less than $X in 2022, remaining relatively unchanged against the previous year. Overall, consumption, however, recorded a perceptible decline. Tin ores and concentrates consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Production of Tin Ores And Concentrates in the UK

In value terms, tin ores and concentrates production fell slightly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by 19%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Tin Ores And Concentrates

Exports from the UK

In 2016, overseas shipments of tin ores and concentrateses were finally on the rise to reach X tons after two years of decline. Over the period under review, exports recorded strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, tin ores and concentrates exports soared to $X in 2016. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Malaysia (X tons) was the main destination for tin ores and concentrates exports from the UK, with a 76% share of total exports. Moreover, tin ores and concentrates exports to Malaysia exceeded the volume sent to the second major destination, Belgium (X tons), threefold.

From 2012 to 2016, the average annual growth rate of volume to Malaysia was relatively modest.

In value terms, Malaysia ($X) emerged as the key foreign market for tin ores and concentrateses exports from the UK, comprising 82% of total exports. The second position in the ranking was held by Belgium ($X), with a 17% share of total exports.

From 2012 to 2016, the average annual growth rate of value to Malaysia was relatively modest.

Export Prices by Country

In 2016, the average tin ores and concentrates export price amounted to $X per ton, with a decrease of -19.2% against the previous year. In general, export price indicated a tangible expansion from 2012 to 2016: its price increased at an average annual rate of +2.6% over the last four years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2016 figures, tin ores and concentrates export price decreased by -23.7% against 2014 indices. The most prominent rate of growth was recorded in 2014 an increase of 45% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2016, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2016, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to Belgium stood at $X per ton.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (-5.6%).

Imports of Tin Ores And Concentrates

Imports into the UK

After two years of decline, purchases abroad of tin ores and concentrateses increased by 702% to X tons in 2022. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 778%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, tin ores and concentrates imports skyrocketed to $X in 2022. In general, imports saw resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of 844% against the previous year. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Spain (X tons) constituted the largest tin ores and concentrates supplier to the UK, with a 79% share of total imports. Moreover, tin ores and concentrates imports from Spain exceeded the figures recorded by the second-largest supplier, Nigeria (X kg), fourfold.

From 2012 to 2022, the average annual growth rate of volume from Spain totaled -57.5%.

In value terms, Spain ($X) constituted the largest supplier of tin ores and concentrateses to the UK, comprising 77% of total imports. The second position in the ranking was taken by Nigeria ($X), with a 13% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Spain amounted to -69.7%.

Import Prices by Country

In 2022, the average tin ores and concentrates import price amounted to $X per ton, with a decrease of -42.5% against the previous year. Over the period under review, the import price showed a dramatic contraction. The most prominent rate of growth was recorded in 2015 when the average import price increased by 306%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Nigeria amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-5.4%), 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 constituted the country with the largest volume of tin ores and concentrates consumption, 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 United States ranked third in terms of total consumption 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 the UK?

In value terms, Spain constituted the largest supplier of tin ores and concentrateses to the UK, comprising 77% of total imports. The second position in the ranking was taken by Nigeria, with a 13% share of total imports.

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

In value terms, Malaysia emerged as the key foreign market for tin ores and concentrateses exports from the UK, comprising 82% of total exports. The second position in the ranking was taken by Belgium, with a 17% share of total exports.

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

The average tin ores and concentrates export price stood at $10,409 per ton in 2016, shrinking by -19.2% against the previous year.

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

In 2022, the average tin ores and concentrates import price amounted to $7,781 per ton, with a decrease of -42.5% against the previous year.

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

United Kingdom

Data coverage:

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

Reasons to buy this report:

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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