Switzerland: Tin Market 2022

Tin Market Size in Switzerland

In 2021, the Swiss tin market increased by X% to $X for the first time since 2017, thus ending a three-year declining trend. Over the period under review, consumption, however, recorded a deep contraction. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Tin Exports

Exports from Switzerland

In 2021, shipments abroad of tin decreased by -X% to X tonnes, falling for the second year in a row after five years of growth. In general, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The exports peaked at X tonnes in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, tin exports fell notably to $X in 2021. Overall, exports showed a perceptible descent. The growth pace was the most rapid in 2019 with an increase of X%. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X tonnes), Romania (X tonnes) and Spain (X kg) were the main destinations of tin exports from Switzerland, together comprising X% of total exports.

From 2012 to 2021, the biggest increases were in Germany (with a CAGR of +X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) remains the key foreign market for tin exports from Switzerland, comprising X% of total exports. The second position in the ranking was occupied by Romania ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (X% per year) and Spain (-X% per year).

Export Prices by Country

The average tin export price stood at $X per tonne in 2021, picking up by X% against the previous year. Overall, export price indicated slight growth 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. Based on 2021 figures, tin export price increased by +X% against 2016 indices. 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 Germany ($X per tonne), while the average price for exports to Spain ($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 Germany (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Tin Imports

Imports into Switzerland

In 2021, supplies from abroad of tin decreased by -X% to X tonnes, falling for the fifth consecutive year after two years of growth. Over the period under review, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, imports hit record highs at X tonnes in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, tin imports skyrocketed to $X in 2021. Overall, imports continue to indicate a abrupt downturn. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

Poland (X tonnes), Indonesia (X tonnes) and Germany (X tonnes) were the main suppliers of tin imports to Switzerland, with a combined X% share of total imports.

From 2012 to 2021, the biggest increases were in Poland (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

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

From 2012 to 2021, 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: Indonesia (-X% per year) and Thailand (+X% per year).

Import Prices by Country

The average tin import price stood at $X per tonne in 2021, growing by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. 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 Thailand ($X per tonne), while the price for Indonesia ($X per tonne) was amongst the lowest.

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

Source: IndexBox Platform