EU: Unwrought Tin Alloys Market 2024

Unwrought Tin Alloys Market Size in the EU

In 2023, the EU unwrought tin alloys market increased by X% to $X, rising for the third year in a row after two years of decline. The total consumption indicated resilient growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2020 indices. Over the period under review, the market hit record highs in 2023 and is expected to retain growth in years to come.

Unwrought Tin Alloys Production in the EU

In value terms, unwrought tin alloys production expanded rapidly to $X in 2023 estimated in export price. The total production indicated a modest expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2021 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2022 to 2023, production growth failed to regain momentum.

Unwrought Tin Alloys Exports

Exports in the EU

In 2023, approx. X tons of unwrought tin alloys were exported in the European Union; growing by X% compared with the previous year. Over the period under review, exports posted a notable expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2023 and are likely to continue growth in the near future.

In value terms, unwrought tin alloys exports declined slightly to $X in 2023. Overall, exports recorded noticeable growth. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2022, and then shrank slightly in the following year.

Exports by Country

Spain prevails in exports structure, amounting to X tons, which was near X% of total exports in 2023. Germany (X tons) took the second position in the ranking, followed by Hungary (X tons) and Belgium (X tons). All these countries together held approx. X% share of total exports. Italy (X tons) held a little share of total exports.

Spain was also the fastest-growing in terms of the unwrought tin alloys exports, with a CAGR of X% from 2012 to 2023. At the same time, Hungary (X%) displayed positive paces of growth. By contrast, Italy (X%), Germany (X%) and Belgium (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Spain and Hungary increased by X and X percentage points, respectively.

In value terms, Spain ($X) remains the largest unwrought tin alloys supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by Hungary ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Spain stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Hungary (X% per year) and Germany (X% per year).

Export Prices by Country

In 2023, the export price in the European Union amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the export price continues to indicate a slight setback. The growth pace was the most rapid in 2021 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2022 to 2023, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the other leaders experienced more modest paces of growth.

Unwrought Tin Alloys Imports

Imports in the EU

In 2023, unwrought tin alloys imports in the European Union expanded modestly to X tons, surging by X% against 2022 figures. In general, imports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2015 when imports increased by X%. The volume of import peaked at X tons in 2021; however, from 2022 to 2023, imports remained at a lower figure.

In value terms, unwrought tin alloys imports declined to $X in 2023. Overall, imports saw resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of import peaked at $X in 2022, and then dropped in the following year.

Imports by Country

Belgium dominates imports structure, resulting at X tons, which was approx. X% of total imports in 2023. Poland (X tons) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Spain (X%). France (X tons), Germany (X tons), Italy (X tons) and Portugal (X tons) took a relatively small share of total imports.

Imports into Belgium increased at an average annual rate of X% from 2012 to 2023. At the same time, Poland (X%), Portugal (X%), Spain (X%), France (X%) and Germany (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2023. Italy experienced a relatively flat trend pattern. While the share of Belgium (X p.p.), Poland (X p.p.) and Spain (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of France (X p.p.) and Italy (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X) constitutes the largest market for imported unwrought tin alloys in the European Union, comprising X% of total imports. The second position in the ranking was held by Poland ($X), with a X% share of total imports. It was followed by France, with a X% share.

In Belgium, unwrought tin alloys imports increased at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Poland (X% per year) and France (X% per year).

Import Prices by Country

The import price in the European Union stood at $X per ton in 2023, falling by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the import price increased by X%. Over the period under review, import prices attained the maximum at $X per ton in 2022, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by France (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform