Report Update Nov 1, 2024

Norway - Tin - Market Analysis, Forecast, Size, Trends and Insights

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Norway: Tin Market 2024

Tin Market Size in Norway

The Norwegian tin market reduced remarkably to $X in 2022, which is down by -95.6% against the previous year. Over the period under review, consumption showed a dramatic decrease. Tin consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Tin Production in Norway

In value terms, tin production amounted to $X in 2022 estimated in export price. In general, production, however, saw a mild shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of 25%. Tin production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Tin Exports

Exports from Norway

After two years of decline, shipments abroad of tin increased by 8,822% to X tons in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, tin exports soared to $X in 2022. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Finland (X tons) was the main destination for tin exports from Norway, with a approx. 99% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Finland was relatively modest.

In value terms, Finland ($X) emerged as the key foreign market for tin exports from Norway.

From 2012 to 2022, the average annual growth rate of value to Finland was relatively modest.

Export Prices by Country

In 2022, the average tin export price amounted to $X per ton, dropping by -36.1% against the previous year. Overall, the export price continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2019 an increase of 897% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, 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 Finland.

From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to -13.7% per year.

Tin Imports

Imports into Norway

In 2022, overseas purchases of tin decreased by -28.1% to X kg, falling for the second year in a row after two years of growth. In general, imports continue to indicate a sharp contraction. The pace of growth appeared the most rapid in 2017 when imports increased by 1,750% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, tin imports fell remarkably to $X in 2022. Over the period under review, imports recorded a significant decrease. The most prominent rate of growth was recorded in 2017 when imports increased by 1,138%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Sweden (X kg) constituted the largest supplier of tin to Norway, accounting for a 84% share of total imports. Moreover, tin imports from Sweden exceeded the figures recorded by the second-largest supplier, China (X kg), eightfold. The third position in this ranking was held by Germany (X kg), with a 3.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Sweden amounted to -17.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+5.4% per year) and Germany (-33.4% per year).

In value terms, Sweden ($X) constituted the largest supplier of tin to Norway, comprising 61% of total imports. The second position in the ranking was taken by Germany ($X), with a 13% share of total imports. It was followed by China, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Sweden amounted to -18.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-31.4% per year) and China (+2.6% per year).

Import Prices by Country

In 2022, the average tin import price amounted to $X per ton, almost unchanged from the previous year. Overall, the import price recorded a perceptible decrease. The pace of growth appeared the most rapid in 2016 when the average import price increased by 46% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Czech Republic ($X per ton), while the price for Sweden ($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 UK (+12.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tin in the world?

China constituted the country with the largest volume of tin consumption, comprising approx. 45% of total volume. Moreover, tin consumption in China exceeded the figures recorded by the second-largest consumer, the United States, fivefold. Japan ranked third in terms of total consumption with a 7% share.

What are the largest producers of tin in the world?

China constituted the country with the largest volume of tin production, comprising approx. 46% of total volume. Moreover, tin production in China exceeded the figures recorded by the second-largest producer, Indonesia, twofold. Peru ranked third in terms of total production with a 7.1% share.

What are the leading suppliers of tin to Norway?

In value terms, the UK, Sweden and Denmark constituted the largest tin suppliers to Norway, together comprising 90% of total imports.

What are the leading importers of tin from Norway?

In value terms, Germany remains the key foreign market for tin exports from Norway, comprising 97% of total exports. The second position in the ranking was occupied by the Netherlands, with a 2.3% share of total exports. It was followed by Sweden, with a 0.3% share.

What is the average export price for tin in Norway?

In 2021, the average tin export price amounted to $35,147 per ton, rising by 23% against the previous year.

What is the average import price for tin in Norway?

In 2021, the average tin import price amounted to $19,822 per ton, increasing by 8.2% against the previous year.

This report provides an in-depth analysis of the tin market in Norway. 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:

Norway

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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