Product Code: ETC192940 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The Indonesia Tin Market is poised for steady growth rate improvements from 2025 to 2029. The growth rate starts at 13.06% in 2025 and reaches 15.47% by 2029.
The Tin market in Indonesia is projected to grow at a high growth rate of 14.43% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
Indonesia is one of the world?s largest tin producers. Tin ore is mainly mined by open-pit mining operations, and it is estimated that over 90 percent of the Indonesia tin production originates from Bangka Belitung Province in Sumatra Island. The country also has large reserves of high grade tin ore which can be found in East Kalimantan and West Sulawesi. Indonesia exports are largely concentrated on China, who accounts for about a third of global demand for refined tin products.
In recent years, the Indonesia government has been working to strengthen its position as a supplier to global markets with an emphasis on boosting local smelting capacity and offering fiscal incentives to foreign investors looking to establish processing facilities within the country?s borders. This policy shift was implemented at least partially due to concerns about illegal mineral extraction activities (such as illegal dredging) which have put pressure on local resources. Additionally, there has been an increased focus on improving sustainability efforts throughout the industry with initiatives such as green mining certification programs being introduced into legislation in order to combat environmental degradation caused by traditional methods of extraction and processing techniques used by miners operating without permits or proper safety protocols in place.
Some factors driving growth for this market include rising demand from downstream industries such as electronics manufacturing where it plays an important role in making components more efficient; increasing use in renewable energy applications; growing awareness among consumers regarding ethical sourcing practices; and new technological developments like automated drilling systems designed to reduce costs associated with manual labor intensive processes while still ensuring quality control standards are met during excavation phases (particularly important when dealing with precious metals). Additionally, favorable pricing structures offered through partnerships between multinational trading companies have opened up doors for even smaller players within this sector giving them access not only greater access but also competitive advantages when competing against larger rivals that may not necessarily be able to match their terms/pricing offers due either lack capital or less established contacts abroad respectively.
Due to supply chain disruptions amidst coronavirus pandemic, prices of commodities including tin saw a sharp drop during early 2025 globally leading many producers suffering losses amid disrupted sales channels coupled lower consumer buying power across industries depending upon these raw materials input based upon forecasts suggesting short term recovery will remain subdued until 2025 onwards given continued uncertainties around commercial transportation networks worldwide persists further reducing margin potential available through existing contracts thus intensifying need.
The main challenges facing Indonesia tin market include illegal mining operations and environmental issues such as deforestation caused by artisanal mining activities. There is also an issue with low efficiency due to antiquated technology being used in many mines. Furthermore, there are often difficulties getting access to suitable land for exploration and production due to existing local communities living on or near sites where potential reserves may lie. Finally, price fluctuations driven by global demand can lead to instability in domestic markets.
Indonesia is one of the world major tin producers, with an estimated annual output of around 60,000 tonnes. The country has a number of key players in the tin market including PT Timah and PT Koba Tin, which are two state-owned companies that dominate production. In recent years though, they have faced increasing competition from private sector firms such as Asiamet Resources Ltd., who have become more active in the industry.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Tin Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Tin Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Tin Market - Industry Life Cycle |
3.4 Indonesia Tin Market - Porter's Five Forces |
3.5 Indonesia Tin Market Revenues & Volume Share, By By Product Type, 2021 & 2031F |
3.6 Indonesia Tin Market Revenues & Volume Share, By By Application, 2021 & 2031F |
3.7 Indonesia Tin Market Revenues & Volume Share, By By End-user Industry, 2021 & 2031F |
4 Indonesia Tin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Tin Market Trends |
6 Indonesia Tin Market, By Types |
6.1 Indonesia Tin Market, By By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Tin Market Revenues & Volume, By By Product Type, 2021-2031F |
6.1.3 Indonesia Tin Market Revenues & Volume, By Metal, 2021-2031F |
6.1.4 Indonesia Tin Market Revenues & Volume, By Alloy, 2021-2031F |
6.1.5 Indonesia Tin Market Revenues & Volume, By Compounds, 2021-2031F |
6.2 Indonesia Tin Market, By By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Tin Market Revenues & Volume, By Solder, 2021-2031F |
6.2.3 Indonesia Tin Market Revenues & Volume, By Tin Plating, 2021-2031F |
6.2.4 Indonesia Tin Market Revenues & Volume, By Chemicals, 2021-2031F |
6.2.5 Indonesia Tin Market Revenues & Volume, By Other, 2021-2031F |
6.3 Indonesia Tin Market, By By End-user Industry |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Tin Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.3 Indonesia Tin Market Revenues & Volume, By Electronics, 2021-2031F |
6.3.4 Indonesia Tin Market Revenues & Volume, By Packaging (Food and Beverage), 2021-2031F |
6.3.5 Indonesia Tin Market Revenues & Volume, By Glass, 2021-2031F |
6.3.6 Indonesia Tin Market Revenues & Volume, By Other, 2021-2031F |
7 Indonesia Tin Market Import-Export Trade Statistics |
7.1 Indonesia Tin Market Export to Major Countries |
7.2 Indonesia Tin Market Imports from Major Countries |
8 Indonesia Tin Market Key Performance Indicators |
9 Indonesia Tin Market - Opportunity Assessment |
9.1 Indonesia Tin Market Opportunity Assessment, By By Product Type, 2021 & 2031F |
9.2 Indonesia Tin Market Opportunity Assessment, By By Application, 2021 & 2031F |
9.3 Indonesia Tin Market Opportunity Assessment, By By End-user Industry, 2021 & 2031F |
10 Indonesia Tin Market - Competitive Landscape |
10.1 Indonesia Tin Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Tin Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |