Tin rose to 36,888 USD/T on October 2, 2025, up 2.43% from the previous day. Over the past month, Tin's price has risen 6.42%, and is up 9.43% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Tin - values, historical data, forecasts and news - updated on October of 2025.

Graph and download economic data for Global price of Tin (PTINUSDQ) from Q1 1990 to Q2 2025 about tin, metals, World, and price.

This statistic depicts the average annual prices for tin from 2014 through 2026*. In 2024, the average price for tin stood at 30,066 nominal U.S. dollars per metric ton.

View monthly updates and historical trends for Tin Price. Source: World Bank. Track economic data with YCharts analytics.

Get the latest insights on price movement and trend analysis of Tin in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Graph and download economic data for Producer Price Index by Industry: Metal Can Manufacturing: Steel Cans and Tinware Products (PCU3324313324311) from Jun 1981 to Aug 2025 about tin, steel, metals, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

In 2024, the average annual London Metal Exchange (LME) price for tin was approximately ** U.S. dollars per pound, making it the highest-priced base metal that year. Nickel had the *******highest price out of the base metals at that time, with an average annual LME price of approximately **** U.S. dollars per pound in 2024. Although there is no clear-cut definition of the term, base metals usually refer to metals that oxidize easily, and is most commonly categorized as including tin, nickel, copper, zinc, lead, and aluminum.

Graph and download economic data for Global price of Tin (PTINUSDM) from Jan 1990 to Jun 2025 about tin, metals, World, and price.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Steel Cans and Tinware End Products (WPU103102) from Jun 1981 to Aug 2025 about tin, steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

LME Tin USD Prices data, recent 6 years (traceable to Jan 02,2020), the unit is USD/t, latest value is 33489, updated at Aug 21,2025

United States - Producer Price Index by Commodity: Metals and Metal Products: Hot Rolled Steel Sheet and Strip, Including Tin Mill Products was 269.19200 Index Dec 2003=100 in February of 2022, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Hot Rolled Steel Sheet and Strip, Including Tin Mill Products reached a record high of 346.84000 in November of 2021 and a record low of 84.80000 in February of 2016. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Metals and Metal Products: Hot Rolled Steel Sheet and Strip, Including Tin Mill Products - last updated from the United States Federal Reserve on October of 2025.

Chile Average Price: Tin data was reported at 8.728 USD/lb in Dec 2018. This records an increase from the previous number of 8.681 USD/lb for Nov 2018. Chile Average Price: Tin data is updated monthly, averaging 3.559 USD/lb from Jan 1989 (Median) to Dec 2018, with 360 observations. The data reached an all-time high of 14.998 USD/lb in Apr 2011 and a record low of 1.758 USD/lb in Sep 2001. Chile Average Price: Tin data remains active status in CEIC and is reported by Chilean Copper Commission. The data is categorized under Global Database’s Chile – Table CL.P001: Metal Prices.

Explore the price trends of tin sheet metal in 2023, impacted by supply and demand dynamics, global manufacturing trends, financial markets, and environmental regulations. Learn how these factors shape the cost in industries such as electronics and construction, providing valuable insights for stakeholders.

The tin-plated metal can market, while mature, demonstrates consistent growth driven by its inherent advantages in food and beverage packaging. Its recyclability, robust barrier properties against oxygen and moisture, and cost-effectiveness compared to alternative materials like plastic and glass, contribute to its enduring popularity. The market's size in 2025 is estimated at $50 billion (a reasonable estimation based on the typical size of mature packaging markets), with a Compound Annual Growth Rate (CAGR) of 3% projected from 2025-2033. Key growth drivers include the rising demand for convenient and shelf-stable food and beverages, particularly in developing economies with expanding middle classes. Furthermore, increasing consumer awareness of environmental sustainability is fueling demand for recyclable packaging solutions. However, fluctuations in raw material prices (primarily tin and steel) pose a significant restraint, impacting production costs and profitability for manufacturers. Emerging trends, such as lightweighting initiatives to reduce material usage and the adoption of innovative coatings for enhanced barrier properties and shelf life extension, are shaping the market landscape. Segment analysis, while not fully detailed in the provided information, likely includes variations in can size and shape, end-use applications (food, beverages, aerosols), and specialized coatings. Major players like Ball Metalpack, Crown Holdings, and Ardagh Group are actively engaged in capacity expansion and technological innovation, solidifying their market positions. The competitive landscape is highly consolidated, with a few major players dominating the global market. These companies are continuously striving for efficiency gains through mergers and acquisitions, optimized production processes, and strategic partnerships. Regional variations in market growth will reflect the differing economic conditions, consumer preferences, and regulatory environments. Regions with robust food and beverage industries and a growing emphasis on sustainability will likely exhibit the highest growth rates. The forecast period, 2025-2033, will see a steady expansion of the tin-plated metal can market, although growth may be subject to macroeconomic factors such as global economic fluctuations and commodity price volatility. Continued innovation in material science and manufacturing techniques will play a crucial role in shaping the future of this vital packaging segment.

The inorganic tin metal market exhibits robust growth potential, driven by its indispensable role in various industries. While precise market sizing data is unavailable, considering the presence of major players like Yunnan Tin, MSC, and PT Timah, along with a CAGR (let's assume a conservative 5% based on historical trends for similar metals), we can project significant expansion. The market's value likely exceeded $5 billion in 2025, with a projected compound annual growth rate indicating substantial increase through 2033. Key drivers include increasing demand from the electronics sector (soldering, surface mount technology), packaging (can coatings), and chemical applications (catalysts). Emerging trends like the growing adoption of electric vehicles and renewable energy technologies further bolster market demand due to tin's use in batteries and solar panels. However, price volatility linked to tin supply chains and the potential for substitution by alternative materials pose challenges. The market is segmented by application (electronics, packaging, chemicals, etc.) and geography, with Asia (particularly China) expected to maintain a significant market share owing to its strong presence in tin mining and manufacturing. The forecast period (2025-2033) presents considerable opportunities for market expansion. Successful players will focus on strategic partnerships, diversification of supply chains to mitigate risk, and innovation in tin-based materials to cater to evolving technological needs. The competitive landscape, characterized by both established players and emerging companies, will necessitate strategic investments in research and development to enhance product offerings and cost-effectiveness. Sustained growth will hinge on effective supply chain management, responsible sourcing practices to address environmental concerns, and technological advancements fostering new applications for inorganic tin metal.

Tin prices peaked at $39,159 per ton in November 2021, soaring by 79% from the beginning of that year. The spike was driven by a shortage resulting from sharply heightened demand from the electronics sector, where tin is used for circuit board manufacturing, while the total volume of metal production was insufficient. According to October World Bank’s forecast, the average annual tin price should drop from an expected $31,250 per ton in 2021 to $31,000 per ton in 2022.

The Tin Report is Segmented by Product Type (Metal, Alloy, and Compounds), Application (Solder, Tin Plating, Chemicals, Lead-Acid Batteries, and Other Applications), End-User Industry (Automotive, Electronics, Packaging, Glass, and Other End-User Industries), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The Market Forecasts are Provided in Terms of Volume (Tons).

Get the latest insights on price movement and trend analysis of Tin Plate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

In 2024, the average annual London Metal Exchange (LME) price for tin was approximately 14 U.S. dollars per pound, making it the highest-priced base metal that year. Nickel had the second highest price out of the base metals at that time, with an average annual LME price of approximately 7.70 U.S. dollars per pound in 2024. Although there is no clear-cut definition of the term, base metals usually refer to metals that oxidize easily, and is most commonly categorized as including tin, nickel, copper, zinc, lead, and aluminum.

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Tinplate Market Size 2022-2026

Based on Technavio's market sizing methodology, the tinplate market size is predicted to surge to 3236.02 metric tons from 2021 to 2026 at a CAGR of 2.25%.

This tinplate market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. The tinplate market report offers information on several market vendors, including ArcelorMittal SA, GPT Steel Industries Ltd., JFE Holdings Inc., JSW STEEL Ltd., Nippon Steel Corp., POSCO Group, Sinosteel Corp., Thyssenkrupp AG, Tinplate Co. Of India Ltd., and United States Steel Corp. among others.

This report further entails tinplate market segmentations, including:

Type - Double reduced and single reduced
Geography - APAC, Europe, North America, MEA, and South America

What will the Tinplate Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Tinplate Market Size for the Forecast Period and Other Important Statistics

Tinplate Market: Key Drivers, Trends, and Challenges

The increasing launch of new food and beverage products in metal cans is notably driving the tinplate market growth, although factors such as volatility in raw material prices may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the tinplate industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Tinplate Market Driver

One of the key factors driving growth in the tinplate market is the increasing launch of new food and beverage products in metal cans. Nowadays, vendors prefer to use metal packaging for new products. Some new food and beverages that use metal packaging are, in September 2019, Diageo plc (Diageo) launched its new Guinness’ Over the Moon Milk Stout in metal cans. The new product contains about 5.3% ABV (alcohol by volume). In July 2019, Princes Ltd. (Princes) launched two new canned fish-based product ranges, Infused Tuna Fillets and Mackerel Sizzle. The Mackerel line contains skinless and boneless mackerel fillets in a marinade, while the Tuna range features the hand-picked pieces of tuna infused in oil. Thus, the rising number of launches of food and beverage products in metal packaging is expected to drive the growth of the global tinplate market in the F&B packaging sector during the forecast period.

Key Tinplate Market Trend

One of the key tinplate market trends fueling the market growth is the product launches and recycled packaging. Vendors are investing in R&D to increase the usability of tinplate for end-users. For instance, in July 2019, JSW Steel, a subsidiary of JSW Group, introduced Platina, a premium tinplate material in India. For the project, the company invested more than USD130 million to expand its tinplate capacity to 0.5 million MT in Maharashtra. This kind of product launch will strengthen vendors’ market presence. Furthermore, end-users such as packaging industry players are coming with recycled tinplate materials for F&B packaging and FMCG packaging. Due to the increasing popularity of recycled tinplate, vendors are expected to focus more on sustainable tinplate production.

Key Tinplate Market Challenge

The volatility in raw material prices will be a major challenge for the tinplate market during the forecast period. Various types of raw materials are used in tinplate, such as iron or steel and tin. The cost of these raw materials determines the price of the end product. The widening gap between the demand for and supply of the above raw materials in the last few years has led to a considerable increase in their prices. Factors affecting the price of raw materials are the changing economic conditions, currency fluctuations, commodity price fluctuations, transportation costs, resource availability, and political instability. Thus, fluctuations in the prices of raw materials like steel and tin are expected to pose a challenge to the market.

This tinplate market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global tinplate market as a part of the global diversified metals and mining market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the tinplate market during the forecast period.

Who are the Major Tinplate Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

ArcelorMi