India - Tin Bars, Rods, Profiles And Wires - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTin Bar Price in India - 2023
Contents:
- Tin Bar Price in India (CIF) - 2023
- Tin Bar Price in India (FOB) - 2023
- Tin Bar Imports in India
- Tin Bar Exports in India
Tin Bar Price in India (CIF) - 2023
The average tin bar import price stood at $27,169 per ton in June 2023, falling by -1.8% against the previous month. Over the period under review, the import price saw a noticeable setback. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 69% month-to-month. Over the period under review, average import prices attained the peak figure at $48,659 per ton in June 2022; however, from July 2022 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($40,250 per ton), while the price for China ($11,396 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 Indonesia (-3.1%), while the prices for the other major suppliers experienced a decline.
Tin Bar Price in India (FOB) - 2023
In June 2023, the average tin bar export price amounted to $36,851 per ton, with an increase of 19% against the previous month. Over the period under review, the export price saw a mild increase. The pace of growth appeared the most rapid in February 2023 when the average export price increased by 44% m-o-m. Over the period under review, the average export prices hit record highs at $38,943 per ton in July 2022; however, from August 2022 to June 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Singapore ($54,220 per ton), while the average price for exports to Greece ($25,697 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 Singapore (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Tin Bar Imports in India
In 2022, the amount of tin bars, rods, profiles and wires imported into India soared to 368 tons, picking up by 29% compared with the previous year's figure. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +14.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, tin bar imports surged to $13M in 2022. In general, imports showed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 98% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
Import of Tin Bar in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 217 | 554 | 1,460 | 2,845 | 135.8% |
South Korea | 1,460 | 881 | 2,338 | 2,501 | 19.7% |
Indonesia | 242 | 229 | 895 | 2,446 | 116.2% |
China | 1,609 | 1,603 | 1,592 | 2,225 | 11.4% |
Singapore | 750 | 532 | 1,102 | 1,027 | 11.0% |
Taiwan (Chinese) | 190 | 224 | 556 | 919 | 69.1% |
Canada | 156 | 77.4 | 138 | 498 | 47.2% |
Hong Kong SAR | 248 | 89.6 | 229 | 2.8 | -77.6% |
Others | 439 | 225 | 421 | 414 | -1.9% |
Total | 5,310 | 4,416 | 8,731 | 12,877 | 34.4% |
Top Suppliers of Tin Bar to India in 2022:
- Hong Kong SAR (undefined tons)
- Indonesia (112.4 tons)
- China (75.3 tons)
- Malaysia (60.5 tons)
- South Korea (45.8 tons)
- Singapore (27.8 tons)
- Taiwan (Chinese) (22.7 tons)
- Canada (10.8 tons)
Tin Bar Exports in India
In 2022, after three years of growth, there was significant decline in overseas shipments of tin bars, rods, profiles and wires, when their volume decreased by -38.3% to 146 tons. In general, exports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 54% against the previous year. As a result, the exports reached the peak of 237 tons, and then declined rapidly in the following year.
In value terms, tin bar exports shrank dramatically to $4.8M in 2022. Over the period under review, exports, however, posted buoyant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 76%. As a result, the exports reached the peak of $5.7M, and then contracted rapidly in the following year.
Export of Tin Bar in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 1,056 | 1,865 | 3,653 | 2,066 | 25.1% |
Singapore | N/A | 213 | 326 | 675 | 78.0% |
Belgium | 1.7 | 520 | 870 | 619 | 614.1% |
Sri Lanka | 693 | 180 | 452 | 399 | -16.8% |
Bangladesh | 222 | 5.1 | 4.3 | 179 | -6.9% |
United States | 125 | 170 | 17.2 | 178 | 12.5% |
Hungary | 42.1 | N/A | 14.3 | 174 | 60.5% |
South Africa | 620 | 87.4 | 10.4 | 37.4 | -60.8% |
Others | 376 | 178 | 324 | 441 | 5.5% |
Total | 3,136 | 3,219 | 5,670 | 4,768 | 15.0% |
Top Export Markets for Tin Bar from India in 2022:
- United Arab Emirates (54.4 tons)
- Belgium (30.9 tons)
- Singapore (22.3 tons)
- Sri Lanka (7.0 tons)
- Hungary (7.0 tons)
- United States (5.0 tons)
- Bangladesh (4.4 tons)
- South Africa (1.0 tons)
This report provides an in-depth analysis of the tin bar market in India. 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:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the tin bar market in India.
This report provides an in-depth analysis of the global tin bar market.
This report provides an in-depth analysis of the tin bar market in India.
This report provides an in-depth analysis of the global tin bar market.
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...
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 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...
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, ...