Key Market Indicators
In 2021, Peru was ranked number 11 in the world and imports amounted to $1,219,900. Peruvian tin exports are expected to drop by 1.2% each year on average until 2026, falling to $321 million from $344 million in 2021. Since 1997, the country's supply has decreased by 0.3% per year. Malaysia leapfrogged Peru in 2021 to become the world's third biggest exporter of tin, with Singapore in fourth place. Peru's tin imports, meanwhile, are set to rise by 2.8% each year on average until 2026, reaching $1.44 billion from $1.22 billion in 2021. Since 1997, the country's demand has dropped by 11.3% per year. In 2021, Peru was the 11th biggest tin importer, with imports totalling $1.22 billion.
