Tin price December 2025 and outlook (see chart below)
- North America:US$35/KG, 0.1% up
- Northeast Asia:US$41.1/KG, 2.7% up
- Europe:US$38.35/KG, 4% up
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Tin price index
This post is a summary of the Tin price developments. The price developments of Tin are expressed in US$ prices converted FX rates applicable at the time when the price was valid. Tin price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.
The outlook for Tin prices is generated from different inputs including:
- Very recent price developments of immediate cost drivers of Tin prices
- Recent price developments of underlying feedstocks which drive the price of Tin
- Market futures for both cost drives and feedstocks of Tin prices
- Adjustment of current supply/demand imbalances in the Tin market
- Longer term trends in likely demand conditions
What is tin and what is it used for
Tin (chemical symbol Sn) is a soft, silvery post-transition metal in Group 14 of the periodic table. It is valued for its corrosion resistance, ductility and ability to form useful alloys. The largest uses are in solders (for joining electrical components), tinplate for food and beverage cans, various alloys (bronze, pewter, bearing metals), and organotin compounds used as PVC stabilizers and catalysts; tin dioxide (SnO₂) is also used as a transparent conducting oxide in some electronics and glass coatings.
How is tin produced
Nearly all commercial tin comes from the ore cassiterite (SnO₂). Mining produces primary ores (hard-rock lodes) and secondary alluvial deposits; ore is concentrated, then refined by smelting — typically a carbothermic reduction of tin oxide to metallic tin — followed by further refining to remove impurities. A growing share of supply also comes from recycling (scrap and reclaimed tin from end-of-life products).
How large is the global market for tin
Market estimates vary by source and year, but recent industry reports put global refined tin production/demand at roughly 400–430 kilotonnes (kt) per year (mid-2020s) and value estimates in the range of about USD 6–7 billion in 2024–2025, with modest projected growth (low single-digit CAGR) over the coming decade. Prices and exact market size fluctuate with supply disruptions (e.g., geopolitical risks) and electronic/solder demand.
Where is tin produced
Asia dominates mine production. Major producing countries in the 2020s include China (the single largest producer and holder of large reserves), Myanmar (Burma), Indonesia, Peru, the Democratic Republic of Congo, Bolivia and Brazil; a substantial portion of refined tin trade also flows between Southeast Asia and processing centres worldwide. Secondary recovery (scrap) and refined imports are important sources for consuming countries.