Spain: Tin Bar Market 2025

Tin Bar Market Size in Spain

The Spanish tin bar market declined rapidly to $X in 2022, reducing by -20.5% against the previous year. Over the period under review, consumption saw a deep setback. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Tin Bar Production in Spain

In value terms, tin bar production contracted significantly to $X in 2022 estimated in export price. In general, production saw a abrupt shrinkage. The growth pace was the most rapid in 2021 when the production volume increased by 95%. Tin bar production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Tin Bar Exports

Exports from Spain

In 2022, the amount of tin bars, rods, profiles and wires exported from Spain reduced sharply to X tons, which is down by -15.2% against 2021. Over the period under review, exports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 176% against the previous year. As a result, the exports attained the peak of X tons, and then dropped significantly in the following year.

In value terms, tin bar exports soared to $X in 2022. Overall, exports, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2021 when exports increased by 160% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Poland (X tons) was the main destination for tin bar exports from Spain, accounting for a 39% share of total exports. Moreover, tin bar exports to Poland exceeded the volume sent to the second major destination, Portugal (X tons), twofold. France (X tons) ranked third in terms of total exports with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Poland stood at +94.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+30.0% per year) and France (+16.0% per year).

In value terms, Portugal ($X), France ($X) and Poland ($X) constituted the largest markets for tin bar exported from Spain worldwide, with a combined 67% share of total exports.

In terms of the main countries of destination, Poland, with a CAGR of +73.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average tin bar export price amounted to $X per ton, rising by 40% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Tunisia ($X per ton), while the average price for exports to Poland ($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 Portugal (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.

Tin Bar Imports

Imports into Spain

In 2022, after two years of growth, there was significant decline in overseas purchases of tin bars, rods, profiles and wires, when their volume decreased by -32.9% to X tons. Over the period under review, imports, however, recorded resilient growth. The pace of growth appeared the most rapid in 2015 with an increase of 342%. Imports peaked at X tons in 2021, and then fell notably in the following year.

In value terms, tin bar imports declined to $X in 2022. Overall, imports, however, saw prominent growth. The growth pace was the most rapid in 2015 when imports increased by 175%. Imports peaked at $X in 2021, and then declined in the following year.

Imports by Country

In 2022, Portugal (X tons) constituted the largest tin bar supplier to Spain, accounting for a 32% share of total imports. Moreover, tin bar imports from Portugal exceeded the figures recorded by the second-largest supplier, Brazil (X tons), threefold. Germany (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from Portugal stood at +51.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+77.3% per year) and Germany (+16.1% per year).

In value terms, Portugal ($X), Brazil ($X) and Germany ($X) constituted the largest tin bar suppliers to Spain, with a combined 59% share of total imports. Italy, Romania, Mexico, Hungary, the Netherlands and the UK lagged somewhat behind, together accounting for a further 28%.

In terms of the main suppliers, Mexico, with a CAGR of +161.6%, recorded the highest rates of growth with regard to 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

The average tin bar import price stood at $X per ton in 2022, rising by 33% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 55%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for the Netherlands ($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 (+20.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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