Tin Can Price Trend and Forecast

Regional Price Overview

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

Tin Can Price Trend for the First Half of 2023

Tin Can prices mimicked the market prices for its feedstock tin metal and tin plates. Tin is one of the most readily available natural metals in the world. So, the supplies are usually not the determining factor; the tin can market is more demand-driven.

Tin Can Price Chart

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The upstream costs were stable and subdued during the said period as the freight and energy prices declined. The Asian market started high as downstream demands from the drinks and beverage industries started high in January in the wake of the Chinese Lunar New Year, but then declined by the end of Q1 and rose again after this declining phase as the summer season called for high demands.

On the other hand, the price trend for Tin Can started low in the first quarter in Europe as the high inflation affected production, and the winter season kept the demand low. In the second quarter, even though the trade around Tin Can improved, the prices swung low as high inventories still pressurized suppliers. Thus, the price trend for Tin Can kept towards the lower end of the scale during the first half of 2023.

Analyst Insight

According to Procurement Resource, the Tin Can prices are expected to continue oscillating since the inventories are still high and downstream demand is volatile.

Procurement Resource provides latest prices of Tin Can. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.