In 2023, Belgium led the European import of unwrought tin alloys, accounting for 68.27% of the share, exhibiting a modest 2.68% growth. Poland followed at 11.54%, growing by 2.4%. Notable gains were seen in Portugal (21.57%) and the Netherlands (49.89%), while significant declines occurred in Sweden (-22.97%) and Finland (-51.92%). Other markets like Italy and Germany also saw contractions at -6.76% and -20.32%, respectively. Over the last five years, the compound annual growth rates (CAGR) exhibited varied performance, highlighting shifts in regional demand and supply trends.
Future trends to watch:
- Continued dominance of Belgium in import share, possibly influenced by strategic trade agreements.
- Potential recovery in declining markets like Finland and Germany as they restructure import strategies.
- Growth opportunities in smaller markets like Greece and Slovenia, which exhibited significant percentage growth in 2023.
- Impact of global economic conditions and trade policies on European tin alloy imports.
- Technological advancements in recycling and alternative materials possibly altering demand.
Top countries in Import of Unwrought Tin Alloys Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 68.27 | 2023 | +7.39% | +2.68% | View data |
| 2 | 2 Poland | 11.54 | 2023 | +5.73% | +2.4% | View data |
| 3 | 3 Portugal | 3.6 | 2023 | +19.71% | +21.57% | View data |
| 4 | 4 Czechia | 2.71 | 2023 | |||
| 5 | 5 Spain | 2.34 | 2023 | +7.44% | +4.81% | View data |
| 6 | 6 Hungary | 2.04 | 2023 | -0.69% | +1.45% | View data |
| 7 | 7 Italy | 1.49 | 2023 | -6.12% | -6.76% | View data |
| 8 | 8 Netherlands | 1.46 | 2023 | +48.95% | +49.89% | View data |
| 9 | 9 France | 1.22 | 2023 | -9.9% | -8.01% | View data |
| 10 | 10 Germany | 0.8 | 2023 | -15.27% | -20.32% | View data |