Price for Tin; Waste and Scrap in Brazil - 2023

Contents:

1. Price for Tin; Waste and Scrap in Brazil (FOB) - 2022
2. Price for Tin; Waste and Scrap in Brazil (CIF) - 2022
3. Exports of Tin; Waste and Scrap in Brazil
4. Imports of Tin; Waste and Scrap in Brazil

Price for Tin; Waste and Scrap in Brazil (FOB) - 2022

In 2022, the average tin; waste and scrap export price amounted to $9,456 per ton, which is down by -7.5% against the previous year. Over the period under review, the export price, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2014 when the average export price increased by 146% against the previous year. Over the period under review, the average export prices hit record highs at $10,226 per ton in 2021, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($17,088 per ton), while the average price for exports to Malaysia ($435 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 Portugal (+23.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Tin; Waste and Scrap in Brazil (CIF) - 2022

The average tin; waste and scrap import price stood at $289,000 per ton in 2022, with an increase of 34,948% against the previous year. Over the period under review, the import price showed significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Taiwan (Chinese).

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +45.3% per year.

Exports of Tin; Waste and Scrap in Brazil

In 2022, the amount of tin; waste and scraps exported from Brazil soared to 290 tons, picking up by 42% compared with 2021. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 80%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, tin; waste and scrap exports surged to $2.7M in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 162% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Tin; Waste and Scrap from Brazil in 2022:

1. Spain (91.4 tons)
2. Hong Kong SAR (73.7 tons)
3. United Arab Emirates (59.8 tons)
4. Portugal (40.2 tons)
5. Malaysia (24.8 tons)
6. Germany (0.3 tons)

Imports of Tin; Waste and Scrap in Brazil

In 2022, after three years of growth, there was significant decline in overseas purchases of tin; waste and scraps, when their volume decreased by 99.9% to 1 kg. Overall, imports continue to indicate a significant decrease. The pace of growth was the most pronounced in 2021 when imports increased by 41% against the previous year. As a result, imports attained the peak of 10 tons, and then declined notably in the following year.

In value terms, tin; waste and scrap imports declined sharply to $289 in 2022. Over the period under review, imports recorded a precipitous decrease. The smallest decline of -9.9% was in 2020.

Top Suppliers of Tin; Waste and Scrap to Brazil in 2022:

1. Taiwan (Chinese) (1.0 kg)

Source: IndexBox Market Intelligence Platform