Switzerland: Tin Bar Market 2024

Tin Bar Market Size in Switzerland

In 2022, the Swiss tin bar market increased by 51% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, recorded a perceptible shrinkage. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Tin Bar Exports

Exports from Switzerland

After three years of growth, overseas shipments of tin bars, rods, profiles and wires decreased by -41.3% to X tons in 2022. Over the period under review, exports saw a abrupt downturn. The growth pace was the most rapid in 2016 when exports increased by 55%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, tin bar exports shrank to $X in 2022. Overall, exports continue to indicate a perceptible setback. The pace of growth was the most pronounced in 2021 with an increase of 57% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons), Poland (X tons) and China (X kg) were the main destinations of tin bar exports from Switzerland, together accounting for 78% of total exports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +106.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and China ($X) appeared to be the largest markets for tin bar exported from Switzerland worldwide, together comprising 76% of total exports.

Among the main countries of destination, China, with a CAGR of +146.3%, saw the highest growth rate of 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, surging by 47% against the previous year. Over the period under review, the export price posted strong growth. The most prominent rate of growth was recorded in 2014 an increase of 96% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in years to come.

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 the Netherlands ($X per ton), while the average price for exports to the Czech Republic ($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 China (+29.2%), while the prices for the other major destinations experienced more modest paces of growth.

Tin Bar Imports

Imports into Switzerland

In 2022, purchases abroad of tin bars, rods, profiles and wires increased by 27% to X tons, rising for the second year in a row after three years of decline. In general, imports, however, recorded a abrupt downturn. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, tin bar imports surged to $X in 2022. Over the period under review, imports, however, recorded a pronounced contraction. The growth pace was the most rapid in 2021 when imports increased by 50% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of tin bar to Switzerland, with a 84% share of total imports. Moreover, tin bar imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X tons), more than tenfold. France (X tons) ranked third in terms of total imports with a 4.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at -7.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-4.7% per year) and France (+11.0% per year).

In value terms, Germany ($X) constituted the largest supplier of tin bars, rods, profiles and wires to Switzerland, comprising 80% of total imports. The second position in the ranking was held by Poland ($X), with an 8.4% share of total imports. It was followed by France, with a 5.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to -3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+4.4% per year) and France (+9.3% per year).

Import Prices by Country

The average tin bar import price stood at $X per ton in 2022, with an increase of 10% against the previous year. In general, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tin bar import price increased by +63.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 46% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

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 Mexico ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+9.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :