Mexico - Tin Bars, Rods, Profiles And Wires - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Mexico - Tin Bars, Rods, Profiles And Wires - Market Analysis, Forecast, Size, Trends And Insights

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Tin Bar Price in Mexico - 2023

Contents:

  1. Tin Bar Price in Mexico (CIF) - 2023
  2. Tin Bar Price in Mexico (FOB) - 2022
  3. Tin Bar Imports in Mexico
  4. Tin Bar Exports in Mexico

Tin Bar Price in Mexico (CIF) - 2023

The average tin bar import price stood at $31,486 per ton in June 2023, falling by -11.2% against the previous month. Over the period under review, the import price recorded a perceptible downturn. The pace of growth was the most pronounced in May 2023 when the average import price increased by 13% against the previous month. The import price peaked at $43,931 per ton in June 2022; however, from July 2022 to June 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($74,418 per ton), while the price for Germany ($11,160 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Japan (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Tin Bar Price in Mexico (FOB) - 2022

In 2022, the average tin bar export price amounted to $41,470 per ton, increasing by 57% against the previous year. Over the period under review, the export price posted a remarkable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +6.2% per year.

Tin Bar Imports in Mexico

In 2022, approx. 1.3K tons of tin bars, rods, profiles and wires were imported into Mexico; approximately equating 2021 figures. In general, imports, however, saw a noticeable reduction. The most prominent rate of growth was recorded in 2020 with an increase of 6.1%. As a result, imports attained the peak of 1.6K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, tin bar imports amounted to $45M in 2022. The total import value increased at an average annual rate of +10.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Tin Bar in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States29.428.835.139.09.9%
China0.91.22.02.846.0%
Canada0.90.90.90.8-3.9%
South Korea0.80.90.60.80.0%
FranceN/A1.70.10.5-45.8%
Germany0.30.40.30.518.6%
Japan0.50.80.90.4-7.2%
Others0.51.10.10.3-15.7%
Total33.335.840.045.010.6%

Top Suppliers of Tin Bar to Mexico in 2022:

  1. United States (985.5 tons)
  2. China (163.4 tons)
  3. Canada (42.0 tons)
  4. South Korea (38.1 tons)
  5. Germany (32.5 tons)
  6. France (24.8 tons)
  7. Japan (21.8 tons)

Tin Bar Exports in Mexico

In 2022, exports of tin bars, rods, profiles and wires from Mexico dropped notably to 401 tons, shrinking by -42.8% on 2021 figures. In general, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. As a result, the exports attained the peak of 701 tons, and then fell rapidly in the following year.

In value terms, tin bar exports declined to $17M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +10.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 89%. As a result, the exports attained the peak of $18M, and then declined in the following year.

Export of Tin Bar in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States12.49.818.516.610.2%
OthersN/AN/AN/AN/A0%
Total12.49.818.516.610.2%

Top Export Markets for Tin Bar from Mexico in 2022:

  1. United States (401.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the tin bar market in Mexico. 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 24432400 - Tin bars, rods, profiles and wires

Country coverage:

  • Mexico

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Mexico
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
Store
Blog
Event
Mexico's Tin Bar Price Grows 7% to $32.2 per kg
Jun 12, 2023
Eye 246

In January 2023, the tin bar price amounted to $32,163 per ton (CIF, Mexico), picking up by 7.1% against the previous month.

Which Country Imports the Most Tin Bars, Rods, Profiles and Wire in the World?
Jul 26, 2018
Eye 737

In value terms, tin bars, rods, profiles and wire imports stood at $X in 2016. Overall, tin bars, rods, profiles and wire imports continue to indicate a pronounced downturn. Over the period under r...

Which Country Exports the Most Tin Bars, Rods, Profiles and Wire in the World?
Jul 26, 2018
Eye 1398

In value terms, tin bars, rods, profiles and wire exports stood at $X in 2016. In general, tin bars, rods, profiles and wire exports continue to indicate a significant drop. Global tin bars, rods, ...

Mexico's Tin Bar Price Grows 7% to $32.2 per kg
Jun 12, 2023
Eye 246

In January 2023, the tin bar price amounted to $32,163 per ton (CIF, Mexico), picking up by 7.1% against the previous month.

Which Country Imports the Most Tin Bars, Rods, Profiles and Wire in the World?
Jul 26, 2018
Eye 737

In value terms, tin bars, rods, profiles and wire imports stood at $X in 2016. Overall, tin bars, rods, profiles and wire imports continue to indicate a pronounced downturn. Over the period under r...

Which Country Exports the Most Tin Bars, Rods, Profiles and Wire in the World?
Jul 26, 2018
Eye 1398

In value terms, tin bars, rods, profiles and wire exports stood at $X in 2016. In general, tin bars, rods, profiles and wire exports continue to indicate a significant drop. Global tin bars, rods, ...

Free Data: Tin Bars, Rods, Profiles And Wires - Mexico