Product
Tin Can Price Trend and Forecast
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 prices reached record high values of 44,284 USD/MT in Febraury 2022 rising by 12% since the previous year due to supply shortages as production is still recovering from the aftermath of Covid-19 pandemic. The demand for tin is robust and is likely to outstrip the supply which will cause its prices to remain high in the upcoming months of 2022.
The high prices also affect the downstream tin can market prices. Other factors contributing to the high prices to tin is the surge in energy costs as well as the shutting down of a production facility in China responsible for 25,000 MT of tin output, for maintenance purposes.
With a huge number of domestic enterprises focusing on regional markets, the global metal cans industry is fragmented. To appeal to end-users, the bulk of corporations have negotiated exclusive partnerships with distributors. Some businesses have their own distribution networks, allowing them to increase their revenue by selling products to small businesses.
Vendors have sales and distribution offices in several countries, allowing them to expand their market presence and customer base. Metal cans are becoming more popular in applications like food and beverage packaging. As a result, significant customers of the industry include global beverage firms such as The Coca-Cola Company, PepsiCo, and Red Bull.
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.
About
A tin can is basically a container, that in appearance is usually cylindrical. It is made from sheet metal coated with tin. A tin can be widely utilised for n number of purposes, such as storing food or beverages. It is known to be highly versatile as it protects the content from moisture.
Product Details
| Report Features | Details |
| Product Name | Tin Can |
| Industrial Uses | Beverages, Raw Materials, Snacks, Sweets, Oils, Chemicals |
| Supplier Database | Crown Holdings, Inc, Zenith Tins Pvt. Ltd, Kaira Can Company Limited, Rolta Containers, Nikita Containers Private Limited, Hindustan Tin Works Ltd |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Processes
- Production of Tin Can via Two-Piece or Three-Piece Drawing
In the production of Tin Can through three-piece drawing process, the bottom of the can is welded separately and then the ears of the can are trimmed. It is then cleaned and imprinted, from where it goes for necking.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
Table Of Contents
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