Italy - Tin - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTin Price in Italy - 2023
Contents:
- Price Forecast for Tin in Italy till 2025
- Tin Price in Italy (CIF) - 2023
- Tin Price in Italy (FOB) - 2023
- Italy Tin Imports
- Italy Tin Exports
Price Forecast for Tin in Italy till 2025
Tin Price in Italy (CIF) - 2023
The average tin import price stood at $23.7 per kg in December 2022, picking up by 63% against the previous month. Overall, the import price, however, recorded a noticeable descent. The import price peaked at $43.9 per kg in April 2022; however, from May 2022 to December 2022, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Brazil ($42.9 per kg), while the price for Russia ($20.6 per kg) was amongst the lowest.
From January 2022 to December 2022, the most notable rate of growth in terms of prices was attained by Brazil (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Tin Price in Italy (FOB) - 2023
The average tin export price stood at $24.9 per kg in December 2022, growing by 11% against the previous month. Overall, the export price, however, showed a perceptible shrinkage. The pace of growth appeared the most rapid in February 2022 an increase of 12% month-to-month. As a result, the export price reached the peak level of $45,285 per ton. From March 2022 to December 2022, the the average export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In December 2022, the country with the highest price was Hungary ($25.1 per kg), while the average price for exports to Slovakia ($22.4 per kg) was amongst the lowest.
From January 2022 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+99.3%), while the prices for the other major destinations experienced more modest paces of growth.
Italy Tin Imports
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
|---|---|---|---|---|---|
| Million USD | |||||
| Malaysia | 40.1 | 27.6 | 38.8 | 65.3 | 17.6% |
| Indonesia | 31.2 | 27.4 | 36.9 | 62.1 | 25.8% |
| Netherlands | 9.3 | 4.8 | 16.8 | 28.2 | 44.7% |
| Belgium | 3.9 | 3.3 | 13.8 | 23.2 | 81.2% |
| Germany | 2.1 | 1.8 | 8.5 | 14.4 | 90.0% |
| China | 10.2 | 5.0 | 8.4 | 14.2 | 11.7% |
| Spain | 0.4 | 0.4 | 6.1 | 10.3 | 195.3% |
| Others | 8.0 | 8.7 | 19.8 | 15.5 | 24.7% |
| Total | 105 | 78.8 | 149 | 233 | 30.4% |
Top Suppliers of Tin to Italy 2022:
- Malaysia (1914.1 tons)
- Indonesia (1664.4 tons)
- Netherlands (570.2 tons)
- Belgium (547.4 tons)
- China (408.7 tons)
- Germany (293.2 tons)
- Spain (237.2 tons)
In 2022, tin imports into Italy skyrocketed to 6K tons, increasing by 22% against the year before. The total import volume increased at an average annual rate of +3.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, tin imports surged to $233M in 2022. Overall, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 89% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
Italy Tin Exports
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
|---|---|---|---|---|---|
| Million USD | |||||
| Hungary | 14.2 | 12.3 | 10.5 | 8.1 | -17.1% |
| Slovakia | 0.2 | 1.1 | 4.6 | 3.1 | 149.3% |
| Germany | 2.5 | N/A | 3.6 | 2.4 | -1.4% |
| Poland | 0.1 | N/A | 1.2 | 0.8 | 100.0% |
| Austria | 1.9 | 1.2 | 0.2 | 0.7 | -28.3% |
| Spain | 0.3 | 0.2 | 0.8 | 0.6 | 26.0% |
| France | 0.1 | 1.2 | 0.4 | 0.4 | 58.7% |
| Slovenia | 0.3 | 0.4 | 0.4 | 0.3 | 0.0% |
| Others | 1.8 | 1.2 | 1.0 | 0.9 | -20.6% |
| Total | 21.5 | 17.7 | 22.8 | 17.2 | -7.2% |
Top Export Markets for Tin from Italy 2022:
- Hungary (218.7 tons)
- Germany (51.8 tons)
- Slovakia (51.1 tons)
- Poland (17.5 tons)
- Austria (16.6 tons)
- France (11.4 tons)
- Spain (8.5 tons)
- Slovenia (7.7 tons)
For the third year in a row, Italy recorded decline in overseas shipments of tin, which decreased by -47.7% to 407 tons in 2022. Over the period under review, exports faced a precipitous setback. The smallest decline of -9.1% was in 2020. Over the period under review, the exports hit record highs at 1.1K tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, tin exports declined rapidly to $17M in 2022. Overall, exports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2021 when exports increased by 29% against the previous year. As a result, the exports reached the peak of $23M, and then contracted sharply in the following year.
This report provides an in-depth analysis of the tin market in Italy. 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:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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
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This report provides an in-depth analysis of the tin market in Italy.
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This report provides an in-depth analysis of the unwrought tin alloys market in Italy.
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This report provides an in-depth analysis of the global tin market.
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This report provides an in-depth analysis of the global unwrought tin alloys market.
486
This report provides an in-depth analysis of the tin market in Italy.
300
This report provides an in-depth analysis of the unwrought tin alloys market in Italy.
2511
This report provides an in-depth analysis of the global tin market.
1021
This report provides an in-depth analysis of the global unwrought tin alloys market.
238
In January 2023, the tin price stood at $24,417 per ton (CIF, Italy), growing by 2.8% against the previous month.
1128
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.
1083
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.
1600
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...
744
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...
809
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>
622
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...
1850
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
238
In January 2023, the tin price stood at $24,417 per ton (CIF, Italy), growing by 2.8% against the previous month.
1128
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.
