U.S. - Tin Bars, Rods, Profiles And Wires - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTin Bar Price in the United States - 2023
Contents:
- Tin Bar Price in the United States (FOB) - 2023
- Tin Bar Price in the United States (CIF) - 2023
- Tin Bar Exports in the United States
- Tin Bar Imports in the United States
Tin Bar Price in the United States (FOB) - 2023
In July 2023, the average tin bar export price amounted to $8,156 per ton, with an increase of 9.6% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 15% against the previous month. Over the period under review, the average export prices reached the maximum in July 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($15,667 per ton), while the average price for exports to Taiwan (Chinese) ($6,551 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.
Tin Bar Price in the United States (CIF) - 2023
The average tin bar import price stood at $31,623 per ton in July 2023, growing by 19% against the previous month. In general, the import price, however, recorded a pronounced curtailment. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 50% m-o-m. The import price peaked at $40,974 per ton in July 2022; however, from August 2022 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($28,643 per ton), while the price for Canada ($17,243 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Turkey (+9.9%), while the prices for the other major suppliers experienced a decline.
Tin Bar Exports in the United States
After three years of growth, overseas shipments of tin bars, rods, profiles and wires decreased by -14.9% to 9.5K tons in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +9.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +30.2% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 44% against the previous year. As a result, the exports attained the peak of 11K tons, and then shrank in the following year.
In value terms, tin bar exports fell to $72M in 2022. The total export value increased at an average annual rate of +6.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. As a result, the exports attained the peak of $82M, and then fell in the following year.
| Export of Tin Bar in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 39.2 | 31.6 | 34.7 | 36.4 | -2.4% |
| Taiwan (Chinese) | 3.9 | 10.3 | 13.1 | 9.5 | 34.6% |
| Canada | 3.3 | 3.6 | 8.5 | 9.3 | 41.3% |
| Japan | 2.5 | 4.1 | 1.9 | 4.3 | 19.8% |
| South Korea | 4.5 | 7.8 | 5.6 | 2.6 | -16.7% |
| Belgium | 0.3 | 0.9 | 1.9 | 1.9 | 85.0% |
| Poland | N/A | 0.2 | 3.9 | 1.2 | 144.9% |
| Brazil | 1.8 | 0.8 | 1.2 | 0.3 | -45.0% |
| Others | 3.9 | 3.2 | 11.1 | 6.2 | 16.7% |
| Total | 59.3 | 62.5 | 81.9 | 71.7 | 6.5% |
Top Export Markets for Tin Bar from the United States in 2022:
- Brazil (undefinedK tons)
- Mexico (4.8K tons)
- Taiwan (Chinese) (1.4K tons)
- Canada (1.0K tons)
- Japan (0.7K tons)
- South Korea (0.4K tons)
- Poland (0.2K tons)
- Belgium (0.2K tons)
Tin Bar Imports in the United States
In 2022, imports of tin bars, rods, profiles and wires into the United States declined to 1.5K tons, waning by -14.7% against 2021 figures. The total import volume increased at an average annual rate of +1.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 53%. As a result, imports reached the peak of 1.8K tons, and then shrank in the following year.
In value terms, tin bar imports stood at $58M in 2022. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 69% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Tin Bar in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 13.0 | 11.1 | 29.9 | 29.1 | 30.8% |
| Canada | 8.9 | 6.1 | 11.4 | 12.1 | 10.8% |
| Japan | 7.4 | 13.9 | 9.1 | 7.0 | -1.8% |
| Turkey | 0.9 | 1.1 | 2.3 | 3.6 | 58.7% |
| Belgium | 1.7 | 1.3 | 2.2 | 3.6 | 28.4% |
| China | 0.2 | 0.1 | 0.5 | 1.2 | 81.7% |
| Others | 0.5 | 0.6 | 1.9 | 1.1 | 30.1% |
| Total | 32.6 | 34.1 | 57.5 | 57.8 | 21.0% |
Top Suppliers of Tin Bar to the United States in 2022:
- Mexico (583.0 tons)
- Japan (405.1 tons)
- Canada (297.1 tons)
- Turkey (108.0 tons)
- Belgium (58.6 tons)
- China (33.2 tons)
This report provides an in-depth analysis of the tin bar market in the U.S.. 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 24432400 - Tin bars, rods, profiles and wires
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the tin bar market in the U.S..
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This report provides an in-depth analysis of the global tin bar market.
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This report provides an in-depth analysis of the tin bar market in the U.S..
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This report provides an in-depth analysis of the global tin bar market.
149
The Tin Bar industry experienced its fastest growth in March 2023, with a month-to-month increase of 56%. However, in terms of value, tin bar exports declined significantly to $4M in November 2023.
214
February 2023 saw a 1.7% increase in the FOB US tin bar price at $6,950 per ton compared to the previous month.
739
In value terms, tin bars, rods, profiles and wire imports stood at $X in 2016. Overall, tin bars, rods, profiles and wire imports continue to indicate a pronounced downturn. Over the period under r...
1413
In value terms, tin bars, rods, profiles and wire exports stood at $X in 2016. In general, tin bars, rods, profiles and wire exports continue to indicate a significant drop. Global tin bars, rods, ...
149
The Tin Bar industry experienced its fastest growth in March 2023, with a month-to-month increase of 56%. However, in terms of value, tin bar exports declined significantly to $4M in November 2023.
214
February 2023 saw a 1.7% increase in the FOB US tin bar price at $6,950 per ton compared to the previous month.
739
In value terms, tin bars, rods, profiles and wire imports stood at $X in 2016. Overall, tin bars, rods, profiles and wire imports continue to indicate a pronounced downturn. Over the period under r...
1413
In value terms, tin bars, rods, profiles and wire exports stood at $X in 2016. In general, tin bars, rods, profiles and wire exports continue to indicate a significant drop. Global tin bars, rods, ...
