Scandinavia: Tin Bar Market 2025

Tin Bar Market Size in Scandinavia

The Scandinavia tin bar market rose remarkably to $X in 2022, with an increase of 12% against the previous year. The total consumption indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -2.0% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Tin Bar Production in Scandinavia

In value terms, tin bar production rose notably to $X in 2022 estimated in export price. Over the period under review, production saw moderate growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by 70%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Tin Bar Exports

Exports in Scandinavia

In 2022, tin bar exports in Scandinavia dropped markedly to X tons, declining by -36.8% compared with the previous year's figure. Over the period under review, exports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 90% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, tin bar exports reduced remarkably to $X in 2022. In general, exports continue to indicate a deep slump. The growth pace was the most rapid in 2021 when exports increased by 62%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Finland represented the largest exporting country with an export of around X tons, which reached 82% of total exports. It was distantly followed by Sweden (X tons), making up a 15% share of total exports. Norway (X kg) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to tin bar exports from Finland stood at -12.1%. At the same time, Norway (+41.5%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +41.5% from 2012-2022. By contrast, Sweden (-9.6%) illustrated a downward trend over the same period. Sweden (+2.9 p.p.) and Norway (+2.8 p.p.) significantly strengthened its position in terms of the total exports, while Finland saw its share reduced by -5.7% from 2012 to 2022, respectively.

In value terms, Finland ($X) remains the largest tin bar supplier in Scandinavia, comprising 86% of total exports. The second position in the ranking was taken by Sweden ($X), with an 11% share of total exports.

In Finland, tin bar exports decreased by an average annual rate of -10.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Sweden (-7.8% per year) and Norway (+25.5% per year).

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per ton, with an increase of 32% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Finland ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+2.3%), while the other leaders experienced mixed trends in the export price figures.

Tin Bar Imports

Imports in Scandinavia

In 2022, supplies from abroad of tin bars, rods, profiles and wires increased by 5% to X tons, rising for the second consecutive year after three years of decline. In general, imports, however, showed a perceptible descent. The most prominent rate of growth was recorded in 2017 when imports increased by 227% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, tin bar imports expanded markedly to $X in 2022. Overall, imports, however, recorded a slight shrinkage. The growth pace was the most rapid in 2017 when imports increased by 140%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Finland was the main importing country with an import of around X tons, which amounted to 74% of total imports. It was distantly followed by Norway (X tons) and Sweden (X tons), together achieving a 26% share of total imports.

Finland experienced a relatively flat trend pattern with regard to volume of imports of tin bars, rods, profiles and wires. Norway (-9.4%) and Sweden (-14.1%) illustrated a downward trend over the same period. While the share of Finland (+31 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Norway (-9.3 p.p.) and Sweden (-21.3 p.p.) displayed negative dynamics.

In value terms, Finland ($X) constitutes the largest market for imported tin bars, rods, profiles and wires in Scandinavia, comprising 76% of total imports. The second position in the ranking was taken by Norway ($X), with a 13% share of total imports.

In Finland, tin bar imports expanded at an average annual rate of +1.9% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Norway (-7.0% per year) and Sweden (-8.1% per year).

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per ton, remaining stable against the previous year. Overall, the import price posted pronounced growth. The most prominent rate of growth was recorded in 2021 an increase of 54%. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Finland ($X per ton), while Norway ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+6.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform