Key Market Indicators
The country was number 63 in 2021, India came ahead at $1,004,800. China, Thailand and the USA respectively came in numbers 2, 3 and 4 in this ranking. Exports of tin from Ecuador are expected to reach nearly $4.6 billion by 2026, according to a recent study. This is a 3.2% increase from the 2021 figure of $3.8 billion. Since 2014, Ecuadorian supply has grown by an average of 67.8% per year. Nepal led the ranking in 2021 with $3.8 billion, followed by Malaysia, Peru and Singapore. Imports of tin by Ecuador are also set to increase, reaching $1 billion by 2026. This is a modest 0.2% rise on the 2021 figure of $1 billion. Since 1996, demand for tin in Ecuador has grown by an average of 3.1% per year. India led the ranking in 2021 with $1 billion, followed by China, Thailand and the USA.
