Sweden: Tin Market 2022

Tin Market Size in Sweden

The Swedish tin market soared to $X in 2021, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, showed a temperate increase. Tin consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Tin Exports

Exports from Sweden

In 2021, shipments abroad of tin decreased by -X% to X tonnes, falling for the seventh year in a row after three years of growth. Over the period under review, exports recorded a precipitous setback. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tonnes in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, tin exports skyrocketed to $X in 2021. Overall, exports recorded a dramatic setback. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Norway (X tonnes) was the main destination for tin exports from Sweden, accounting for a X% share of total exports. It was followed by the United States (X kg), with a X% share of total exports. The third position in this ranking was occupied by Finland (X kg), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Norway totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-X% per year) and Finland (-X% per year).

In value terms, the largest markets for tin exported from Sweden were Norway ($X), the United States ($X) and the UK ($X), together comprising X% of total exports. Canada and Finland lagged somewhat behind, together comprising a further X, with a CAGR of +X%, recorded 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

In 2021, the average tin export price amounted to $X per tonne, increasing by X% against the previous year. Overall, the export price posted buoyant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was the United States ($X per tonne), while the average price for exports to Norway ($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 the UK (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Tin Imports

Imports into Sweden

In 2021, tin imports into Sweden soared to X tonnes, jumping by X% on the previous year. In general, imports, however, recorded a noticeable descent. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Imports peaked at X tonnes in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, tin imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

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

From 2012 to 2021, the average annual rate of growth in terms of volume from Denmark stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+X% per year) and Germany (-X% per year).

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

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

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Austria ($X per tonne), while the price for Germany ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform