
Spain - Tin - Market Analysis, Forecast, Size, Trends and Insights
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Spain: Tin Market 2022
Tin Market Size in Spain
In 2021, the Spanish tin market increased by X% to $X for the first time since 2018, thus ending a two-year declining trend. In general, the total consumption indicated a noticeable increase from 2012 to 2021: its value 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. Tin consumption peaked in 2021 and is likely to see steady growth in the near future.
Tin Exports
Exports from Spain
In 2021, overseas shipments of tin increased by X% to X tonnes for the first time since 2018, thus ending a two-year declining trend. In general, exports recorded a resilient increase. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tonnes. From 2019 to 2021, the growth of the exports remained at a lower figure.
In value terms, tin exports soared to $X in 2021. Over the period under review, exports saw a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Exports by Country
Portugal (X tonnes) was the main destination for tin exports from Spain, with a X% share of total exports. Moreover, tin exports to Portugal exceeded the volume sent to the second major destination, France (X tonnes), threefold. The third position in this ranking was occupied by Italy (X tonnes), with a X% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to Portugal stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Italy (+X% per year).
In value terms, the largest markets for tin exported from Spain were Portugal ($X), France ($X) and Italy ($X), with a combined X% share of total exports. These countries were followed by Poland, Mexico, Germany, Austria, Algeria and Serbia, which together accounted for a further X, with a CAGR of +X%, recorded the highest growth rate of the value of exports, among 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 $X per tonne in 2021, picking up by X% against the previous year. Over the period under review, export price indicated a pronounced expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major foreign markets. In 2021, the highest price was recorded for prices to France ($X per tonne) and Mexico ($X per tonne), while the average price for exports to Austria ($X per tonne) and Portugal ($X per tonne) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+X%), while the prices for the other major destinations experienced more modest paces of growth.
Tin Imports
Imports into Spain
In 2021, imports of tin into Spain skyrocketed to X tonnes, rising by X% compared with 2020. In general, total imports indicated a perceptible increase 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. Based on 2021 figures, imports increased by +X% against 2019 indices. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports hit record highs at X tonnes in 2018; however, from 2019 to 2021, imports remained at a lower figure.
In value terms, tin imports skyrocketed to $X in 2021. Overall, imports enjoyed a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Imports by Country
In 2021, Peru (X tonnes) constituted the largest supplier of tin to Spain, accounting for a X% share of total imports. Moreover, tin imports from Peru exceeded the figures recorded by the second-largest supplier, Bolivia (X tonnes), twofold. The third position in this ranking was occupied by Indonesia (X tonnes), with a X% share.
From 2012 to 2021, the average annual growth rate of volume from Peru stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bolivia (+X% per year) and Indonesia (-X% per year).
In value terms, Peru ($X) constituted the largest supplier of tin to Spain, comprising X% of total imports. The second position in the ranking was occupied by Indonesia ($X), with a X% share of total imports. It was followed by Bolivia, with a X% share.
From 2012 to 2021, the average annual growth rate of value from Peru stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (-X% per year) and Bolivia (+X% per year).
Import Prices by Country
In 2021, the average tin import price amounted to $X per tonne, jumping by X% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were Indonesia ($X per tonne) and Thailand ($X per tonne), while the price for Bolivia ($X per tonne) and Brazil ($X per tonne) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2021 | 2007-2021 | 2022-2030 | US$, Tonnes |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the tin market in Spain. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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