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

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

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Feb 27, 2023

Spain's Tin Bar Price Shrinks 8%, Averaging $17.1 per kg

Spain Tin Bar Import Price in November 2022

In November 2022, the tin bar price amounted to $17.1 per kg (CIF, Spain), which is down by -8.1% against the previous month. Over the period under review, the import price saw a perceptible contraction. The most prominent rate of growth was recorded in March 2022 an increase of 72% month-to-month. As a result, import price reached the peak level of $39.3 per kg. From April 2022 to November 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2022, the country with the highest price was Poland ($159 per kg), while the price for Portugal ($10.6 per kg) was amongst the lowest.

From January 2022 to November 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+190.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Spain Tin Bar Imports

In November 2022, tin bar imports into Spain declined to 44 tons, dropping by -1.8% on the month before. In general, imports saw a pronounced slump. The pace of growth was the most pronounced in May 2022 with an increase of 39% m-o-m. As a result, imports attained the peak of 90 tons. From June 2022 to November 2022, the growth of imports failed to regain momentum.

In value terms, tin bar imports shrank to $756K (IndexBox estimates) in November 2022. Overall, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in July 2022 when imports increased by 101% m-o-m. As a result, imports attained the peak of $2.7M. From August 2022 to November 2022, the growth of imports remained at a somewhat lower figure.

Spain Tin Bar Imports by Country

Portugal (16 tons), Brazil (13 tons) and Germany (6.4 tons) were the main suppliers of tin bar imports to Spain, together comprising 81% of total imports. These countries were followed by Italy, the Czech Republic, Hungary, France and Poland, which together accounted for a further 14%.

From January 2022 to November 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +277.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($311K), Portugal ($174K) and Germany ($135K) appeared to be the largest tin bar suppliers to Spain, together accounting for 82% of total imports. Italy, the Czech Republic, Hungary, France and Poland lagged somewhat behind, together accounting for a further 12%.

In terms of the main suppliers, the Czech Republic, with a CAGR of +198.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Factors Affecting Tin Bar Prices

There are a number of factors that have contributed to the recent price growth of tin bars in Spain. Firstly, there has been an increase in global demand for tin, due to its use in a variety of industries including electronics and construction. This has put pressure on prices, as supply struggles to keep up with demand. In addition, there have been some production disruptions in key tin-producing countries such as China, which have also contributed to higher prices.

Finally, the weak Euro has made Spanish tin bars more expensive for overseas buyers, leading to increased demand from these buyers. All of these factors have combined to push up prices in Spain, and it is likely that they will continue to do so in the near future.

Source: IndexBox Market Intelligence Platform

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

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:

  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

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