Denmark: Tin Market 2022

Tin Market Size in Denmark

In 2021, the Danish tin market increased by X% to $X, rising for the third year in a row after five years of decline. Overall, consumption saw a resilient increase. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Tin Exports

Exports from Denmark

In 2021, the amount of tin exported from Denmark skyrocketed to X tonnes, rising by X% compared with 2020 figures. In general, total exports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at X tonnes in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, tin exports soared to $X in 2021. Overall, exports recorded a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Sweden (X tonnes), Finland (X tonnes) and Germany (X tonnes) were the main destinations of tin exports from Denmark, together comprising X% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Finland ($X) and Germany ($X) were the largest markets for tin exported from Denmark worldwide, with a combined X% share of total exports.

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

Export Prices by Country

The average tin export price stood at $X per tonne in 2021, jumping by X% against the previous year. In general, export price indicated a measured increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2021, the country with the highest price was Sweden ($X per tonne), while the average price for exports to Finland ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Tin Imports

Imports into Denmark

In 2021, imports of tin into Denmark soared to X tonnes, jumping by X% on 2020. Over the period under review, total imports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, tin imports surged to $X in 2021. Overall, imports enjoyed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Poland (X tonnes) constituted the largest tin supplier to Denmark, with a X% share of total imports. Moreover, tin imports from Poland exceeded the figures recorded by the second-largest supplier, the Netherlands (X tonnes), ninefold.

From 2012 to 2021, the average annual growth rate of volume from Poland amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Germany (-X% per year).

In value terms, Poland ($X) constituted the largest supplier of tin to Denmark, comprising X% of total imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Poland stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Germany (+X% per year).

Import Prices by Country

The average tin import price stood at $X per tonne in 2021, increasing by X% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per tonne), while the price for Poland ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform