Russian Federation: Tin Bar Market Overview 2021

Tin Bar Market Size in the Russian Federation

In 2019, the Russian tin bar market decreased by -X% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption recorded a deep contraction. The growth pace was the most rapid in 2017 when the market value increased by X% year-to-year. As a result, consumption attained the peak level of $X. From 2018 to 2019, the growth of the market remained at a somewhat lower figure.

Tin Bar Exports

Exports from the Russian Federation

In 2019, overseas shipments of tin bars, rods, profiles and wires increased by X% to X tonnes, rising for the third year in a row after two years of decline. In general, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, exports attained the maximum at X tonnes in 2014; however, from 2015 to 2019, exports stood at a somewhat lower figure.

In value terms, tin bar exports skyrocketed to $X in 2019. Overall, exports showed strong growth. The pace of growth appeared the most rapid in 2011 when exports increased by X% against the previous year. Over the period under review, exports reached the maximum at $X in 2014; however, from 2015 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Belarus (X tonnes) was the main destination for tin bar exports from Russia, accounting for a X% share of total exports. Moreover, tin bar exports to Belarus exceeded the volume sent to the second major destination, Poland (X tonnes), threefold.

From 2007 to 2019, the average annual rate of growth in terms of volume to Belarus totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+X% per year) and Kazakhstan (-X% per year).

In value terms, Belarus ($X) remains the key foreign market for tin bar exports from Russia, comprising X% of total exports. The second position in the ranking was occupied by Poland ($X), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of value to Belarus stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+X% per year) and Kazakhstan (-X% per year).

Export Prices by Country

The average tin bar export price stood at $X per tonne in 2019, increasing by X% against the previous year. In general, export price indicated pronounced growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, tin bar export price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2011; however, from 2012 to 2019, export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2019, the country with the highest price was Poland ($X per tonne), while the average price for exports to Kazakhstan ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Poland, while the prices for the other major destinations experienced mixed trend patterns.

Tin Bar Imports

Imports into the Russian Federation

In 2019, the amount of tin bars, rods, profiles and wires imported into Russia fell to X tonnes, waning by -X% on 2018. In general, imports recorded a perceptible slump. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. As a result, imports reached the peak of X tonnes. From 2018 to 2019, the growth imports remained at a lower figure.

In value terms, tin bar imports dropped rapidly to $X in 2019. Overall, imports showed a pronounced setback. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, Germany (X tonnes) constituted the largest supplier of tin bar to Russia, accounting for a X% share of total imports. Moreover, tin bar imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X tonnes), threefold. The third position in this ranking was occupied by China (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume from Germany amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+X% per year) and China (+X% per year).

In value terms, Germany ($X) constituted the largest supplier of tin bar to Russia, comprising X% of total imports. The second position in the ranking was occupied by Poland ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from Germany amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+X% per year) and China (+X% per year).

Import Prices by Country

In 2019, the average tin bar import price amounted to $X per tonne, which is down by -X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% y-o-y. Over the period under review, average import prices hit record highs at $X per tonne in 2011; however, from 2012 to 2019, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Hungary ($X per tonne), while the price for Belarus ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Hungary, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tin bars, rods, profiles and wires in the world?

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The country with the largest volume of tin bar consumption was China (17K tonnes), comprising approx. 22% of total volume. Moreover, tin bar consumption in China exceeded the figures recorded by the second-largest consumer, India (7.2K tonnes), twofold. The third position in this ranking was occupied by the U.S. (6.6K tonnes), with a 8.5% share.

What are the largest producers of tin bars, rods, profiles and wires in the world?

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The countries with the highest volumes of tin bar production in 2019 were China (15K tonnes), the U.S. (12K tonnes) and India (7.1K tonnes), together accounting for 44% of global production.

What are the leading suppliers of tin bars, rods, profiles and wires to the Russian Federation?

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In value terms, Germany ($944K) constituted the largest supplier of tin bar to Russia, comprising 62% of total imports. The second position in the ranking was occupied by Poland ($251K), with a 17% share of total imports. It was followed by China, with a 10% share.

What are the leading importers of tin bars, rods, profiles and wires from the Russian Federation?

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In value terms, Belarus ($448K) remains the key foreign market for tin bar exports from Russia, comprising 67% of total exports. The second position in the ranking was occupied by Poland ($158K), with a 24% share of total exports.

What is the average export price for tin bars, rods, profiles and wires in the Russian Federation?

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In 2019, the average tin bar export price amounted to $18,472 per tonne, picking up by 2.9% against the previous year.

What is the average import price for tin bars, rods, profiles and wires in the Russian Federation?

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The average tin bar import price stood at $17,318 per tonne in 2019, shrinking by -5.9% against the previous year.