Switzerland: Tin Market Overview 2021

Tin Market Size in Switzerland

In 2020, the Swiss tin market decreased by -X% to $X, falling for the third year in a row after five years of growth. In general, consumption recorded a deep reduction. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Tin consumption peaked at $X in 2008; however, from 2009 to 2020, consumption remained at a lower figure.

Tin Exports

Exports from Switzerland

In 2020, overseas shipments of tin decreased by -X% to X tonnes, falling for the eighth consecutive year after two years of growth. Over the period under review, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2011 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2012; however, from 2013 to 2020, exports failed to regain the momentum.

In value terms, tin exports shrank notably to $X in 2020. In general, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum at $X in 2012; however, from 2013 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Germany (X tonnes) was the main destination for tin exports from Switzerland, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to Germany stood at -X%.

In value terms, Germany ($X) also remains the key foreign market for tin exports from Switzerland.

From 2007 to 2020, the average annual growth rate of value to Germany stood at -X%.

Export Prices by Country

In 2020, the average tin export price amounted to $X per tonne, approximately reflecting the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 an increase of X% y-o-y. As a result, export price reached the peak level of $X per tonne. from 2009 to 2020, the growth in terms of the average export prices failed to regain the momentum.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2007 to 2020, the rate of growth in terms of prices for Germany amounted to +X% per year.

Tin Imports

Imports into Switzerland

In 2020, overseas purchases of tin decreased by -X% to X tonnes, falling for the fourth consecutive year after two years of growth. Over the period under review, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Imports peaked at X tonnes in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, tin imports reduced notably to $X in 2020. In general, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Imports peaked at $X in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Poland (X tonnes) constituted the largest tin supplier to Switzerland, accounting for a X% share of total imports. Moreover, tin imports from Poland exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), threefold. The third position in this ranking was occupied by Indonesia (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Poland amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Indonesia (-X% per year).

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

From 2007 to 2020, the average annual rate of growth in terms of value from Poland totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Indonesia (-X% per year).

Import Prices by Country

In 2020, the average tin import price amounted to $X per tonne, with a decrease of -X% against the previous year. Over the period under review, import price indicated modest growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, tin import price decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2010 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2011; however, from 2012 to 2020, import prices failed to regain the momentum.

Average prices varied noticeably amongst the major supplying countries. In 2020, the highest prices were recorded for prices from Peru ($X per tonne) and Thailand ($X per tonne), while the price for Indonesia ($X per tonne) and Poland ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Peru, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tin in the world?

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The country with the largest volume of tin consumption was China (181K tonnes), comprising approx. 49% of total volume. Moreover, tin consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (30K tonnes), sixfold. The third position in this ranking was occupied by Japan (20K tonnes), with a 5.3% share.

What are the largest producers of tin in the world?

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China (168K tonnes) remains the largest tin producing country worldwide, accounting for 45% of total volume. Moreover, tin production in China exceeded the figures recorded by the second-largest producer, Indonesia (70K tonnes), twofold. Peru (26K tonnes) ranked third in terms of total production with a 7% share.

What are the leading suppliers of tin to Switzerland?

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In value terms, Poland ($915K) constituted the largest supplier of tin to Switzerland, comprising 45% of total imports. The second position in the ranking was occupied by Germany ($366K), with a 18% share of total imports. It was followed by Indonesia, with a 16% share.

What are the leading importers of tin from Switzerland?

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In value terms, Germany ($169K) remains the key foreign market for tin exports from Switzerland.

What is the average export price for tin in Switzerland?

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In 2020, the average tin export price amounted to $17,102 per tonne, approximately reflecting the previous year.

What is the average import price for tin in Switzerland?

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In 2020, the average tin import price amounted to $18,383 per tonne, dropping by -12% against the previous year.