Price for Tin; Waste and Scrap in Canada - 2023
Contents:
- Price for Tin; Waste and Scrap in Canada (FOB) - 2023
- Price for Tin; Waste and Scrap in Canada (CIF) - 2023
- Exports of Tin; Waste and Scrap in Canada
- Imports of Tin; Waste and Scrap in Canada
Price for Tin; Waste and Scrap in Canada (FOB) - 2023
In September 2023, the average tin; waste and scrap export price amounted to $353 per ton, increasing by 22% against the previous month. Overall, the export price, however, recorded a slight reduction. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 85% m-o-m. As a result, the export price attained the peak level of $697 per ton. From July 2023 to September 2023, the the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From September 2022 to September 2023, the rate of growth in terms of prices for Malaysia amounted to +3.9% per month.
Price for Tin; Waste and Scrap in Canada (CIF) - 2023
In September 2023, the average tin; waste and scrap import price amounted to $629 per ton, declining by -57.6% against the previous month. In general, the import price, however, saw resilient growth. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 136% month-to-month. As a result, import price attained the peak level of $1,617 per ton. From August 2023 to September 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From September 2022 to September 2023, the rate of growth in terms of prices for the United States amounted to +7.7% per month.
Exports of Tin; Waste and Scrap in Canada
For the third consecutive year, Canada recorded decline in shipments abroad of tin; waste and scraps, which decreased by -37.1% to 11K tons in 2022. Overall, exports recorded a dramatic descent. The smallest decline of -11.9% was in 2021.
In value terms, tin; waste and scrap exports fell notably to $5.6M in 2022. In general, exports showed a abrupt contraction. The growth pace was the most rapid in 2021 when exports increased by 41% against the previous year.
| Export of Tin; Waste and Scrap in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.5 | 4.7 | 6.6 | 4.4 | -16.3% |
| Malaysia | N/A | N/A | N/A | 1.1 | 0% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 7.5 | 4.7 | 6.6 | 5.6 | -9.3% |
Top Export Markets for Tin; Waste and Scrap from Canada in 2022:
- United States (10.6K tons)
- Malaysia (0.7K tons)
Imports of Tin; Waste and Scrap in Canada
In 2022, approx. 2.5K tons of tin; waste and scraps were imported into Canada; declining by -29.2% against the previous year. Over the period under review, imports faced a sharp decline. The most prominent rate of growth was recorded in 2021 when imports increased by 125% against the previous year.
In value terms, tin; waste and scrap imports fell rapidly to $723K in 2022. In general, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 13%.
| Import of Tin; Waste and Scrap in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,209 | 288 | 1,124 | 722 | -15.8% |
| Germany | N/A | 40.9 | 1.3 | N/A | -96.8% |
| Others | 1.0 | 671 | 3.6 | 1.4 | 11.9% |
| Total | 1,210 | 1,000 | 1,129 | 723 | -15.8% |
Top Suppliers of Tin; Waste and Scrap to Canada in 2022:
- United States (2.5K tons)
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