Spain - Tin - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTin Price in Spain - 2023
Contents:
- Tin Price in Spain (CIF) - 2023
- Tin Price in Spain (FOB) - 2022
- Tin Imports in Spain
- Tin Exports in Spain
Tin Price in Spain (CIF) - 2023
The average tin import price stood at $28,245 per ton in July 2023, reducing by -3.1% against the previous month. In general, the import price saw a mild slump. The most prominent rate of growth was recorded in February 2023 an increase of 11% m-o-m. Over the period under review, average import prices attained the peak figure at $32,414 per ton in July 2022; however, from August 2022 to July 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the highest price was recorded for prices from Bolivia ($29,765 per ton) and the Netherlands ($29,765 per ton), while the price for Brazil ($27,275 per ton) and Indonesia ($27,999 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Tin Price in Spain (FOB) - 2022
In 2022, the average tin export price amounted to $30,669 per ton, growing by 3.7% against the previous year. Over the period under review, the export price enjoyed a measured expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 76%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($37,173 per ton), while the average price for exports to the UK ($19,442 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 Germany (+17.2%), while the prices for the other major destinations experienced more modest paces of growth.
Tin Imports in Spain
In 2022, overseas purchases of tin decreased by -4.7% to 6.5K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year. As a result, imports attained the peak of 6.9K tons, and then declined slightly in the following year.
In value terms, tin imports rose remarkably to $219M in 2022. In general, imports, however, posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 103%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
Import of Tin in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Peru | 32.6 | 40.4 | 79.6 | 77.3 | 33.3% |
Brazil | 12.2 | 10.4 | 17.3 | 49.9 | 59.9% |
Indonesia | 10.4 | 8.8 | 33.3 | 27.6 | 38.4% |
Bolivia | 29.5 | 13.8 | 29.5 | 19.5 | -12.9% |
Portugal | 2.8 | 2.6 | 7.7 | 14.3 | 72.2% |
Belgium | 1.3 | 1.1 | 0.5 | 8.3 | 85.5% |
Singapore | 0.5 | N/A | N/A | 4.9 | 114.0% |
Netherlands | 0.4 | 0.4 | 4.8 | 4.0 | 115.4% |
Thailand | 17.5 | 16.4 | 6.8 | 1.0 | -61.5% |
Russia | 9.7 | N/A | N/A | N/A | 0% |
Others | 5.0 | 5.2 | 22.0 | 12.8 | 36.8% |
Total | 122 | 99.1 | 201 | 219 | 21.5% |
Top Suppliers of Tin to Spain in 2022:
- Peru (2350.9 tons)
- Brazil (1581.5 tons)
- Indonesia (751.7 tons)
- Bolivia (543.9 tons)
- Portugal (448.7 tons)
- Belgium (250.2 tons)
- Singapore (125.5 tons)
- Netherlands (98.2 tons)
- Thailand (27.0 tons)
Tin Exports in Spain
In 2022, approx. 1.3K tons of tin were exported from Spain; jumping by 87% on the previous year's figure. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, tin exports skyrocketed to $39M in 2022. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 201%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.
Export of Tin in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Portugal | 5.4 | 3.9 | 7.6 | 32.2 | 81.3% |
Germany | N/A | N/A | 0.7 | 1.6 | 128.6% |
France | 0.2 | N/A | 4.0 | 1.5 | 95.7% |
Mexico | 0.5 | 1.0 | 1.0 | 1.2 | 33.9% |
United Kingdom | N/A | 0.3 | N/A | 0.5 | 29.1% |
Malaysia | N/A | 0.4 | N/A | N/A | 0% |
Others | 1.2 | 1.1 | 6.9 | 1.8 | 14.5% |
Total | 7.3 | 6.7 | 20.1 | 38.9 | 74.7% |
Top Export Markets for Tin from Spain in 2022:
- Portugal (1063.3 tons)
- Germany (55.4 tons)
- France (41.3 tons)
- Mexico (35.1 tons)
- United Kingdom (24.8 tons)
This report provides an in-depth analysis of the tin market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24431330 - Unwrought non-alloy tin (excluding tin powders and flakes)
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the tin market in Spain.
This report provides an in-depth analysis of the unwrought tin alloys market in Spain.
This report provides an in-depth analysis of the global tin market.
This report provides an in-depth analysis of the global unwrought tin alloys market.
This report provides an in-depth analysis of the tin market in Spain.
This report provides an in-depth analysis of the unwrought tin alloys market in Spain.
This report provides an in-depth analysis of the global tin market.
This report provides an in-depth analysis of the global unwrought tin alloys market.
During the period from February 2023 to August 2023, there was a consistent decline in the import growth. Specifically, the value of Tin imports dropped to $10M in August 2023.
Explore the top import markets for tin in 2023 with insights from IndexBox platform data. Discover key statistics and trends in the global tin market.
Tin prices peaked at $39,159 per ton in November 2021, soaring by 79% from the beginning of that year. The spike was driven by a shortage resulting from sharply heightened demand from the electronics sector, where tin is used for circuit board manufacturing, while the total volume of metal production was insufficient. According to October World Bank’s forecast, the average annual tin price should drop from an expected $31,250 per ton in 2021 to $31,000 per ton in 2022.
Tin prices rose to record levels in response to high demand from the electronics industry and a severe supply shortage on the market. The deficit has been driven on by pandemic-related decreases in mining output in 2020, the shipping container crisis and a drop in exports due to supply-chain disruptions. Prices are forecast to fall only in 2022 thanks to ramped-up mining output and supply and demand returning to equilibrium.
In value terms, unwrought tin imports amounted to $X in 2016. In general, unwrought tin imports conunwrought tinue to indicate a mild descent. Global unwrought tin import peaked of $X in 2011; h...
In value terms, tin articles imports amounted to $X in 2016. In general, tin articles imports contin articlesue to indicate a relatively flat trend pattern. Over the period under review, global tin...
In value terms, unwrought tin exports totaled $X in 2016. In general, unwrought tin exports conunwrought tinue to indicate a relatively flat trend pattern. Global unwrought tin export peaked of $X>
In value terms, tin articles exports totaled $X in 2016. Overall, tin articles exports contin articlesue to indicate a relatively flat trend pattern. In that year, global tin articles exports attai...
Global tin exports have been on a steady decline since 2012, amounting to X million USD in 2015. Before that export values fluctuated from year to year. According to IndexBox estimates, Indonesia's exports continued to dominate the global tin marke
During the period from February 2023 to August 2023, there was a consistent decline in the import growth. Specifically, the value of Tin imports dropped to $10M in August 2023.