Canada - Tin - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTin Price in Canada - 2023
Contents:
- Tin Price in Canada (CIF) - 2023
- Tin Price in Canada (FOB) - 2023
- Tin Imports in Canada
- Tin Exports in Canada
Tin Price in Canada (CIF) - 2023
The average tin import price stood at $27,119 per ton in June 2023, flattening at the previous month. In general, the import price continues to indicate a pronounced slump. The growth pace was the most rapid in January 2023 an increase of 15% m-o-m. The import price peaked at $39,326 per ton in June 2022; however, from July 2022 to June 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the countries with the highest prices were Brazil ($27,694 per ton) and Peru ($27,471 per ton), while the price for South Korea ($18,793 per ton) and the United States ($19,029 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Brazil (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Tin Price in Canada (FOB) - 2023
In June 2023, the average tin export price amounted to $27,971 per ton, surging by 4.3% against the previous month. Over the period under review, the export price, however, continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in February 2023 an increase of 18% against the previous month. The export price peaked at $35,995 per ton in June 2022; however, from July 2022 to June 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to -2.1% per month.
Tin Imports in Canada
In 2022, approx. 2.4K tons of tin were imported into Canada; with a decrease of -32.5% compared with 2021. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 77% against the previous year. As a result, imports attained the peak of 3.5K tons, and then shrank dramatically in the following year.
In value terms, tin imports shrank to $79M in 2022. Over the period under review, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 162%. As a result, imports reached the peak of $91M, and then shrank in the following year.
Import of Tin in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bolivia | 19.8 | 12.6 | 31.3 | 31.1 | 16.2% |
Peru | 13.4 | 10.5 | 29.9 | 31.0 | 32.3% |
United States | 2.4 | 2.9 | 8.7 | 12.4 | 72.9% |
Indonesia | 0.9 | 2.3 | 17.3 | 1.4 | 15.9% |
United Kingdom | N/A | 2.5 | 1.2 | 1.1 | -33.7% |
Others | 2.8 | 4.0 | 2.5 | 1.5 | -18.8% |
Total | 39.2 | 34.8 | 91.0 | 78.5 | 26.0% |
Top Suppliers of Tin to Canada in 2022:
- Peru (958.5 tons)
- Bolivia (913.7 tons)
- United States (361.4 tons)
- Indonesia (40.3 tons)
- United Kingdom (39.1 tons)
Tin Exports in Canada
In 2022, exports of tin from Canada skyrocketed to 378 tons, increasing by 65% against 2021 figures. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,885%. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, tin exports soared to $11M in 2022. Overall, exports saw a significant increase. The growth pace was the most rapid in 2020 when exports increased by 2,155% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Tin in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 0.1 | 2.1 | 4.5 | 9.6 | 357.9% |
Poland | N/A | N/A | 0.9 | 0.8 | -11.1% |
Belgium | N/A | 0.1 | N/A | 0.6 | 144.9% |
China | N/A | N/A | N/A | 0.1 | 0% |
United Kingdom | N/A | N/A | 0.8 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 0.1 | 2.2 | 6.2 | 11.1 | 380.6% |
Top Export Markets for Tin from Canada in 2022:
- United States (286.4 tons)
- Belgium (60.5 tons)
- Poland (20.1 tons)
- China (11.1 tons)
This report provides an in-depth analysis of the tin market in Canada. 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:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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 Canada.
This report provides an in-depth analysis of the unwrought tin alloys market in Canada.
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 Canada.
This report provides an in-depth analysis of the unwrought tin alloys market in Canada.
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.
In December 2022, the price of tin was $22.4 per kg (CIF, Canada) - an increase of 7.6% compared to the previous month.
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
In December 2022, the price of tin was $22.4 per kg (CIF, Canada) - an increase of 7.6% compared to the previous month.