Test Report
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The pivotal position of China in the global tin market is both underscored and explored in unprecedented detail within our 2023 report. This comprehensive analysis not only charts the resilience and potential for growth within China’s tin sector amidst international economic uncertainties but also provides unique insights into the nuances of the industry that are unavailable elsewhere.
In 2023, despite a slight dip in tin ore production and challenges such as environmental inspections and accidents, China solidified its status as the leading global producer. This report delves into these dynamics, examining the recovery in key regions like Guangxi and Inner Mongolia, and detailing the slight reduction in refined tin output led by Yunnan, amidst maintenance shutdowns and variability in private smelter outputs.
With consumption in China experiencing a surge, driven by demand in the electronics, renewable energy, and automotive sectors, particularly for soldering in the rapidly growing photovoltaics (PV) and new energy vehicles (NEV) industries, the report offers an in-depth look at the factors fuelling this growth. It also highlights the shift in China’s tin trade patterns, including reduced imports from Myanmar and an increase from other countries, alongside a significant rise in refined tin imports, pointing to China’s growing influence in the global tin landscape.
As the market navigated price volatility due to supply disruptions and a resurgence in demand, with the Chinese market tightening in the latter half of the year, our report provides forward-looking analysis into 2024. It anticipates stable production levels with minimal decline and growing demand from key sectors, potentially leading to a shift in market balance. This insight into the Chinese tin industry, set against the backdrop of potential environmental policy changes, global economic shifts, and trade barriers, offers a crucial understanding of its capacity for adaptability and resilience, shaping its trajectory for the future.
March 2024
Encrypted electronic pdf file
46 pages
Confidential
Organisational license
Non-members $5,000
ITA E&D Group Members $3,500
ITA Members $1,500