Tin increased 5,970 USD/MT or 20.53% since the beginning of 2025, 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 March of 2025.

This statistic depicts the average annual prices for tin from 2014 through 2026*. In 2023, the average price for tin stood at 25,938 nominal U.S. dollars per metric ton.

In H2 2023, the price of the tin in the United States reached 28744 USD/MT by December. Similarly, in China, the tin prices hit 34839 USD/MT in H2 2023.

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).

This statistic depicts the average monthly prices for tin worldwide from January 2014 through January 2025. In January 2025, the average monthly price for tin worldwide stood at 29,612.36 nominal U.S. dollars per troy ounce.

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

Tin prices in , February, 2025 For that commodity indicator, we provide data from January 1960 to February 2025. The average value during that period was 10909.69 USD per metric ton with a minimum of 2162.7 USD per metric ton in May 1960 and a maximum of 43983.35 USD per metric ton in February 2022. | TheGlobalEconomy.com

It is estimated that the price of tin peaked in 2021 at nearly 33,000 U.S. dollars per metric ton, nearly twice as high as in the previous year. In 2022 and 2023, the price of tin decrease, reaching approximately 26,000 U.S. dollars. However, it is estimated that the price of a metric ton of tin could reach 34,000 U.S. dollars by 2026.

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.

Citi Research raises Q1 2025 tin price forecast to $32,000/ton amid market resilience before tariffs. Bearish outlook for April as U.S. tariffs and Indonesian exports affect prices.

The price of one metric ton of tin stood at 31,661 U.S. dollars worldwide in the third quarter (Q3) of 2024. This reflected a slight decrease from the preceding quarter, when the global tin prices amounted to 32,190 U.S. dollars per ton.

The Report Covers the Global Tin Market Price Forecast & Industry Analysis. It is Segmented by Product Type (Metal, Alloy, and Compounds), Application (Solder, Tin Plating, Chemicals, 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 Report Offers the Market Sizes and Forecasts for the Tin Market Based On Volume (kilotons) for all the Above Segments.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Steel Cans and Tinware End Products (WPU10310231) from Dec 2001 to Feb 2025 about tin, steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

In October 2022, the tin price amounted to $27.6 per kg (CIF, Germany), with a decrease of -9.1% against the previous month.

Thailand Wholesale Price: Tin Concentrate data was reported at 463,910.000 THB/Metric Ton in Jun 2018. This records an increase from the previous number of 461,686.000 THB/Metric Ton for May 2018. Thailand Wholesale Price: Tin Concentrate data is updated monthly, averaging 278,015.000 THB/Metric Ton from Jan 1996 (Median) to Jun 2018, with 270 observations. The data reached an all-time high of 698,851.000 THB/Metric Ton in Apr 2011 and a record low of 96,596.000 THB/Metric Ton in Jun 1997. Thailand Wholesale Price: Tin Concentrate data remains active status in CEIC and is reported by Bank of Thailand. The data is categorized under Global Database’s Thailand – Table TH.P004: Wholesale Price.

The global tin market, valued at $7256.29 million in 2025, is projected to experience a moderate growth trajectory with a Compound Annual Growth Rate (CAGR) of 2% from 2025 to 2033. This steady growth is driven by increasing demand from key sectors such as electronics (soldering, conductive coatings), food and beverage packaging (cans), and chemical industries (catalysts). The rising adoption of electronics globally, coupled with the growing demand for sustainable packaging solutions, significantly contributes to the market's expansion. However, fluctuations in tin prices due to supply chain disruptions and geopolitical factors represent a key restraint. Furthermore, the exploration and development of alternative materials for specific applications, though currently limited, pose a long-term challenge to sustained growth. Segmentation analysis reveals that the electronics segment holds the largest market share within the application-based classification, further reinforcing the industry's dependence on technological advancements. Geographically, Asia-Pacific is anticipated to maintain its dominance, driven by robust manufacturing hubs in China and India. However, North America and Europe are expected to witness consistent growth, fueled by their advanced electronics industries and growing focus on sustainable packaging. The competitive landscape is characterized by a mix of large multinational corporations and smaller regional players. Companies are focusing on strategic partnerships, mergers and acquisitions, and geographical expansion to enhance their market position and gain a competitive edge. The forecast period (2025-2033) will likely witness a shift towards greater sustainability and regulatory compliance within the tin industry. This includes increased efforts towards responsible sourcing of tin to mitigate environmental and social risks associated with mining. Technological advancements in tin extraction and refining processes, aimed at improving efficiency and reducing environmental impact, are expected to emerge. Furthermore, innovation in tin-based materials and alloys will create new applications and boost market growth within specialized niches. Companies are increasingly adopting strategies like product diversification, technological innovation, and vertical integration to enhance their resilience to market fluctuations and maintain their competitiveness. The successful players in the coming years will be those that can adapt to these evolving dynamics and capitalize on emerging opportunities.

China Transaction Price: 36 City Avg: Tin, Number 1 Tin Ingot data was reported at 248,921.790 RMB/Ton in Jan 2025. This records an increase from the previous number of 248,106.430 RMB/Ton for Dec 2024. China Transaction Price: 36 City Avg: Tin, Number 1 Tin Ingot data is updated monthly, averaging 147,735.000 RMB/Ton from Jan 2006 (Median) to Jan 2025, with 229 observations. The data reached an all-time high of 347,875.800 RMB/Ton in Apr 2022 and a record low of 76,533.000 RMB/Ton in Jan 2006. China Transaction Price: 36 City Avg: Tin, Number 1 Tin Ingot data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PA: Price Monitoring Center, NDRC: 36 City Monthly Avg: Transaction Price: Production Material.

In December 2022, the price of tin was $22.4 per kg (CIF, Canada), representing a 7.6% increase from the previous month.

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.

China Tin Smelting: Selling and Distribution Cost: Year to Date data was reported at 0.251 RMB bn in Oct 2015. This records an increase from the previous number of 0.224 RMB bn for Sep 2015. China Tin Smelting: Selling and Distribution Cost: Year to Date data is updated monthly, averaging 0.156 RMB bn from Dec 2004 (Median) to Oct 2015, with 96 observations. The data reached an all-time high of 0.402 RMB bn in Dec 2013 and a record low of 0.026 RMB bn in Feb 2009. China Tin Smelting: Selling and Distribution Cost: Year to Date data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Industrial Sector – Table CN.BHU: Common Non Ferrous Metal Smelting: Tin Smelting.