Price for Tin; Waste and Scrap in Italy - 2023

Contents:

1. Price for Tin; Waste and Scrap in Italy (FOB) - 2022
2. Price for Tin; Waste and Scrap in Italy (CIF) - 2022
3. Exports of Tin; Waste and Scrap in Italy
4. Imports of Tin; Waste and Scrap in Italy

Price for Tin; Waste and Scrap in Italy (FOB) - 2022

The average tin; waste and scrap export price stood at $21,656 per ton in 2022, jumping by 73% against the previous year. Over the period under review, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tin; waste and scrap export price increased by +108.6% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($27,390 per ton), while the average price for exports to Belgium ($10,842 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Tin; Waste and Scrap in Italy (CIF) - 2022

The average tin; waste and scrap import price stood at $15,817 per ton in 2022, with a decrease of -13.4% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by 52% against the previous year. As a result, import price reached the peak level of $23,567 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($33,326 per ton), while the price for Croatia ($10,959 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Tin; Waste and Scrap in Italy

Tin; waste and scrap exports from Italy contracted dramatically to 118 tons in 2022, declining by -61.6% compared with the previous year. Overall, exports recorded a deep contraction. The growth pace was the most rapid in 2021 when exports increased by 97%. As a result, the exports reached the peak of 307 tons, and then fell remarkably in the following year.

In value terms, tin; waste and scrap exports shrank significantly to $2.6M in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 137%. As a result, the exports attained the peak of $3.8M, and then shrank markedly in the following year.

Top Export Markets for Tin; Waste and Scrap from Italy in 2022:

1. Switzerland (61.8 tons)
2. Hungary (37.9 tons)
3. Germany (9.4 tons)
4. Spain (5.9 tons)
5. Belgium (2.9 tons)

Imports of Tin; Waste and Scrap in Italy

In 2022, approx. 126 tons of tin; waste and scraps were imported into Italy; increasing by 11% on the previous year. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 365%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, tin; waste and scrap imports dropped slightly to $2M in 2022. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 384%. As a result, imports reached the peak of $2.1M, and then declined in the following year.

Top Suppliers of Tin; Waste and Scrap to Italy in 2022:

1. France (106.2 tons)
2. Switzerland (10.2 tons)
3. Croatia (3.6 tons)
4. Hungary (2.5 tons)
5. Slovenia (2.3 tons)
6. Germany (1.1 tons)

Source: IndexBox Market Intelligence Platform