Price for Tin; Waste and Scrap in the United States - 2023
Contents:
- Price for Tin; Waste and Scrap in the United States (CIF) - 2022
- Price for Tin; Waste and Scrap in the United States (FOB) - 2022
- Imports of Tin; Waste and Scrap in the United States
- Exports of Tin; Waste and Scrap in the United States
Price for Tin; Waste and Scrap in the United States (CIF) - 2022
In 2022, the average tin; waste and scrap import price amounted to $1,269 per ton, picking up by 76% against the previous year. In general, the import price showed buoyant growth. The pace of growth appeared the most rapid in 2021 an increase of 133% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hungary ($1,772 per ton), while the price for Mexico ($1,093 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+40.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tin; Waste and Scrap in the United States (FOB) - 2022
The average tin; waste and scrap export price stood at $1,596 per ton in 2022, waning by -19.1% against the previous year. Over the period under review, the export price recorded a abrupt downturn. The pace of growth appeared the most rapid in 2020 when the average export price increased by 74% against the previous year. Over the period under review, the average export prices attained the maximum at $3,454 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($3,553 per ton), while the average price for exports to Canada ($545 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+1.8%), while the prices for the other major destinations experienced a decline.
Imports of Tin; Waste and Scrap in the United States
In 2022, tin; waste and scrap imports into the United States fell dramatically to 12K tons, declining by -36.5% against 2021 figures. Overall, imports recorded a significant contraction. The smallest decline of -7.5% was in 2020.
In value terms, tin; waste and scrap imports expanded remarkably to $15M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +8.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 52%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Tin; Waste and Scrap in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 2.7 | 3.3 | 5.7 | 6.8 | 36.1% |
| Canada | 7.5 | 4.4 | 6.3 | 4.2 | -17.6% |
| Hungary | 1.3 | 1.0 | 0.9 | 3.7 | 41.7% |
| Others | 0.1 | N/A | 0.3 | N/A | 73.2% |
| Total | 11.6 | 8.7 | 13.2 | 14.8 | 8.5% |
Top Suppliers of Tin; Waste and Scrap to the United States in 2022:
- Mexico (6.2K tons)
- Canada (3.3K tons)
- Hungary (2.1K tons)
Exports of Tin; Waste and Scrap in the United States
In 2022, tin; waste and scrap exports from the United States expanded rapidly to 2.6K tons, with an increase of 9.1% on 2021 figures. Over the period under review, exports continue to indicate slight growth. The most prominent rate of growth was recorded in 2021 with an increase of 101% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.
In value terms, tin; waste and scrap exports declined to $4.2M in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 156%. As a result, the exports attained the peak of $4.7M, and then fell in the following year.
| Export of Tin; Waste and Scrap in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | N/A | N/A | 126 | 3,371 | 2575.4% |
| Pakistan | 356 | 403 | 370 | 77.1 | -39.9% |
| Canada | 1,057 | 270 | 1,133 | 71.8 | -59.2% |
| Mexico | 175 | 52.6 | 125 | 51.4 | -33.5% |
| India | 89.2 | N/A | 227 | 15.2 | -44.6% |
| Belgium | 312 | 77.1 | 451 | 5.1 | -74.6% |
| Others | 213 | 1,035 | 2,277 | 565 | 38.4% |
| Total | 2,203 | 1,837 | 4,709 | 4,157 | 23.6% |
Top Export Markets for Tin; Waste and Scrap from the United States in 2022:
- Malaysia (2252.5 tons)
- Canada (131.8 tons)
- Pakistan (97.5 tons)
- Mexico (29.3 tons)
- India (11.9 tons)
- Belgium (1.4 tons)
Nothing found. Please try again.
Nothing found. Please try again.
Nothing found. Please try again.
