France: Tin Market 2024

Tin Market Size in France

In 2022, the French tin market increased by 4.5% to $X, rising for the second year in a row after three years of decline. The market value increased at an average annual rate of +1.6% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Tin consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Tin Exports

Exports from France

In 2022, approx. X tons of tin were exported from France; picking up by 13% on the year before. In general, exports, however, recorded a slight setback. The pace of growth was the most pronounced in 2014 when exports increased by 63%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, tin exports soared to $X in 2022. Over the period under review, exports showed a tangible increase. The growth pace was the most rapid in 2014 when exports increased by 53% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for tin exports from France, accounting for a 59% share of total exports. Moreover, tin exports to Germany exceeded the volume sent to the second major destination, Algeria (X tons), fivefold. Italy (X tons) ranked third in terms of total exports with a 7.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at +12.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Algeria (+23.0% per year) and Italy (-11.6% per year).

In value terms, Germany ($X) remains the key foreign market for tin exports from France, comprising 60% of total exports. The second position in the ranking was taken by Algeria ($X), with a 12% share of total exports. It was followed by Italy, with a 7.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled +17.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Algeria (+15.5% per year) and Italy (-7.7% per year).

Export Prices by Country

In 2022, the average tin export price amounted to $X per ton, increasing by 10% against the previous year. In general, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tin export price increased by +107.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 88% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Luxembourg ($X 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 Egypt (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Tin Imports

Imports into France

In 2022, the amount of tin imported into France reduced to X tons, dropping by -11.7% compared with 2021. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 22%. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, tin imports surged to $X in 2022. Overall, total imports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 49%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.

Imports by Country

Belgium (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of tin imports to France, with a combined 89% share of total imports. Poland and Indonesia lagged somewhat behind, together comprising a further 8.1%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +48.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), the Netherlands ($X) and Germany ($X) constituted the largest tin suppliers to France, with a combined 92% share of total imports. Poland and Indonesia lagged somewhat behind, together accounting for a further 5.6%.

Among the main suppliers, Poland, with a CAGR of +45.2%, saw 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.

Import Prices by Country

In 2022, the average tin import price amounted to $X per ton, picking up by 32% against the previous year. Overall, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tin import price increased by +122.0% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 68% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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