Tin fell to 34,556 USD/T on September 4, 2025, down 0.31% from the previous day. Over the past month, Tin's price has risen 3.91%, and is up 12.30% 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 September of 2025.

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.

Tin prices in , June, 2025 For that commodity indicator, we provide data from January 1960 to June 2025. The average value during that period was 11021.02 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

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

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

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.

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.

The price of one metric ton of tin stood at ****** U.S. dollars worldwide in the first quarter (Q1) of 2025. This reflected a slight increase from the preceding quarter, when the global tin prices amounted to ****** U.S. dollars per ton.

In June 2023, the Tin price reached $26,326 per ton (CIF, Australia), showing a 5.9% growth compared to the previous month.

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

China Transaction Price: 36 City Avg: Tin, Number 1 Tin Ingot data was reported at 272,239.750 RMB/Ton in Mar 2025. This records an increase from the previous number of 252,612.860 RMB/Ton for Feb 2025. China Transaction Price: 36 City Avg: Tin, Number 1 Tin Ingot data is updated monthly, averaging 147,870.000 RMB/Ton from Jan 2006 (Median) to Mar 2025, with 231 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 October 2022, the tin price amounted to $27.6 per kg (CIF, Germany), with a decrease of -9.1% against the previous month.

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).

Malaysia Tin Price: Month Average: The Kuala Lumpur Tin Market data was reported at 19,048.000 USD/Ton in Oct 2018. This records an increase from the previous number of 18,905.000 USD/Ton for Sep 2018. Malaysia Tin Price: Month Average: The Kuala Lumpur Tin Market data is updated monthly, averaging 16,026.000 USD/Ton from Jan 2001 (Median) to Oct 2018, with 214 observations. The data reached an all-time high of 32,530.000 USD/Ton in Apr 2011 and a record low of 3,255.000 USD/Ton in Mar 2002. Malaysia Tin Price: Month Average: The Kuala Lumpur Tin Market data remains active status in CEIC and is reported by Kuala Lumpur Tin Market. The data is categorized under Global Database’s Malaysia – Table MY.P004: Tin and Pepper Price.

Graph and download economic data for Global price of Tin (PTINUSDA) from 1990 to 2024 about tin, metals, World, and price.

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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

The price of Tin in March 2023 rose to $26,658 per ton (CIF, India), showing a 1.9% increase compared to the previous month.

China Settlement Price: Shanghai Future Exchange: Tin: 2nd Month data was reported at 263,340.000 RMB/Ton in 13 May 2025. This records an increase from the previous number of 261,110.000 RMB/Ton for 12 May 2025. China Settlement Price: Shanghai Future Exchange: Tin: 2nd Month data is updated daily, averaging 147,400.000 RMB/Ton from Mar 2015 (Median) to 13 May 2025, with 2461 observations. The data reached an all-time high of 370,800.000 RMB/Ton in 09 Mar 2022 and a record low of 80,790.000 RMB/Ton in 24 Nov 2015. China Settlement Price: Shanghai Future Exchange: Tin: 2nd Month data remains active status in CEIC and is reported by Shanghai Futures Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Shanghai Futures Exchange: Commodity Futures: Settlement Price: Daily.

In April 2023, the Tin Ore price in Spain increased by 17% to $15,852 per ton (FOB), compared to the previous month.