The forecasted stocks of primary and secondary tin in the US show a clear downward trend from 2024 to 2028. The volume is expected to decrease from 3.76 thousand metric tons in 2024 to 3.05 thousand metric tons by 2028. This reflects a steady year-on-year percentage decline: 2024-2025 sees a 4.8% drop, 2025-2026 a 5.0% decrease, 2026-2027 also a 5.3% decrease, and 2027-2028 a 5.3% too. The last five years, beginning in 2023 with actual data, suggest a compound annual growth rate (CAGR) decrease of approximately 3.6%.
Future trends to watch for include:
- Potential shifts in the global tin market affecting US supplies.
- Technological advancements in recycling and secondary tin production.
- Changes in environmental regulations impacting primary tin extraction.
- Market demand fluctuations due to evolving consumer electronics and renewable energy sectors.