Tin fell to 34,262 USD/T on September 8, 2025, down 0.15% from the previous day. Over the past month, Tin's price has risen 1.35%, and is up 11.18% 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.

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 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 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

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.

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.

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).

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

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

The Tin Market report segments the industry into Product Type (Metal, Alloy, Compounds), Application (Solder, Tin Plating, Chemicals, Other Applications (Specialized Alloys and Lead-acid Batteries)), End-User Industry (Automotive, Electronics, Packaging (Food and Beverage), Glass, Other End-user Industries (Chemical, Tool Making, Medical Devices)), and Geography (Production Analysis, Consumption Analysis).

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.

Global Tin Prices - Historical chart and current data through 2025.

The global tin market surged to $12.4B in 2024, growing by 17% against the previous year. In general, the total consumption indicated a tangible increase from 2012 to 2024: its value increased at an average annual rate of +2.5% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -12.5% against 2022 indices.

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Tin Market Size 2025-2029

The tin market size is forecast to increase by USD 876.6 million at a CAGR of 2.1% between 2024 and 2029.

The market is experiencing significant growth driven by the increasing demand for canned foods and beverages. This trend is particularly prominent in developing economies where the consumption of canned goods is on the rise due to their convenience, longer shelf life, and affordability. Another key driver is the shifting focus toward recycling of tin, which not only reduces environmental impact but also provides a sustainable source of raw materials for the industry. However, the market faces challenges as well. The increasing use of tin-free steel in the packaging industry poses a threat to tin's market share, as this alternative material offers similar benefits at a lower cost.
Companies in the market must navigate this competition and find ways to differentiate themselves through innovation, sustainability, or cost competitiveness to maintain their market position. Additionally, there is a growing focus on recycling tin, making it an environmentally friendly option for packaging. Overall, the market's dynamics present both opportunities and challenges for players, requiring strategic planning and agility to capitalize on emerging trends and mitigate potential threats.

What will be the Size of the Tin Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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In the dynamic market, various sectors demonstrate significant activity and trends. Tinplate recycling plays a crucial role in sustainability, with tinplate alloys being a key component in solder joint strength. Solder flux, an essential element in soldering processes, utilizes tin chloride applications. Tin refining processes continue to evolve, influencing tinplate production and tin industry investments. Tinplate applications extend beyond food packaging to include tin sulfide applications in various industries. Tinplate standards and solder specifications ensure consistency and reliability in manufacturing processes. Tin industry consolidation and acquisitions shape the competitive landscape, while mergers foster innovation in tinplate manufacturing and solder manufacturing.
Tin oxide applications in electronics and coatings add to the versatility of tinplate properties. Solder alloys and tinplate coatings enhance product performance and durability. Mining techniques for tin continue to evolve, impacting tin industry competition and the overall market dynamics. The tin industry remains a significant player in manufacturing, with investments in tin recycling technologies driving growth and innovation. Understanding the properties and applications of tinplate and solder alloys is essential for businesses seeking to optimize their production processes and stay competitive.

How is this Tin Industry segmented?

The tin industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Soldering
  Tin chemical
  Tinplate
  Lead acid battery
  Others


End-user

  Electronics
  Automotive
  Packaging
  Glass
  Others


Product Type

  Metal
  Alloy
  Compounds


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    UK


  APAC

    Australia
    China
    India
    Japan
    South Korea


  Rest of World (ROW)

By Application Insights

The soldering segment is estimated to witness significant growth during the forecast period. The market encompasses various applications, with soldering holding the largest volume share. Tin is utilized in soldering paste for bonding electronic components onto printed circuit boards (PCBs), enabling electrical connections. Commonly used alloys include tin-lead, tin-antimony, and tin-silver-copper. These pastes are essential for semiconductors and PCBs in consumer electronics, marine, automotive, and aerospace components. PCBs are integral to numerous electronic devices such as smartphones, computers, tablets, laptops, medical equipment, nuclear detection systems, and weather analysis equipment. Tin mining, refining, and recycling contribute to the market's supply chain. Mining regulations aim to ensure sustainable practices. Tin's corrosion resistance makes it suitable for various industries, including food and beverage packaging, aerosol cans, and automotive components.

Tin derivatives, such as tin oxide and tin chloride, are used in coatings, pigments, and catalysts. Hot-dip tin plating offers excellent adhesion and uniformity, making it a popular choice for various industries. Tin alloys, including tin-coated copper, are used in various applications d

The tin market size is projected to grow from USD 7.65 billion in 2025 to USD 11.47 billion by 2035, representing a CAGR of 3.751%, during the forecast period till 2035.

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.

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.

The global tin market, valued at $7,097.8 million in 2025, is projected to experience a steady growth trajectory, driven by increasing demand from diverse sectors. The compound annual growth rate (CAGR) of 3% from 2025 to 2033 reflects a consistent, albeit moderate, expansion. Key drivers include the rising utilization of tin in electronics, particularly in solder for printed circuit boards, where miniaturization and increased functionality necessitate high-quality, reliable soldering materials. Growth is also fueled by the tinplate industry, crucial for food and beverage packaging, and the ongoing demand for tin in chemicals, brass and bronze alloys, and float glass manufacturing. While challenges like fluctuating tin prices and potential supply chain disruptions exist, these are likely to be offset by technological advancements improving tin extraction and refining processes, leading to enhanced efficiency and reduced costs. The market segmentation, categorized by application (solder, tinplate, chemicals, etc.) and production type (pyrogenic, electrolytic), provides valuable insights into specific growth pockets. Within the regional landscape, Asia Pacific, particularly China, is expected to remain a dominant force due to its significant manufacturing base and substantial tin production capacity. However, North America and Europe will also contribute notably, driven by robust electronics and automotive industries. The projected growth of the tin market hinges on several factors. Continued technological advancements in electronics, demanding higher quality and miniaturized components, will propel demand for tin-based solders. Similarly, the packaging industry's reliance on tinplate will maintain a substantial demand for this vital material. The diversification of tin applications into niche areas like specialty chemicals and advanced materials contributes to sustained market growth. However, environmental concerns regarding tin mining and processing need to be addressed for sustainable long-term expansion. This includes environmentally friendly mining practices and the development of more sustainable recycling solutions to minimize the environmental footprint of the industry. Competitive dynamics amongst major players like Yunnan Tin, MSC, and PT Timah will also shape market dynamics over the forecast period.

LME Index fell to 4,237.30 Index Points on September 9, 2025, down 0.13% from the previous day. Over the past month, LME Index's price has risen 1.40%, and is up 9.33% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. LME Index - values, historical data, forecasts and news - updated on September of 2025.