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.
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 trends 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 trends for Tin Can kept towards the lower end of the scale during the first half of 2023.
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.
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 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.
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.
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).
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