Affected by the global financial crisis, the world's tin consumption declined in 2009. In 2010, the world economy gradually recovered under the spur of loose monetary policy, and the market demand was strong. The consumption of tin was 374,900 tons, an increase of 16.25% over 2009. China is the largest consumer of tin, accounting for 41% of the world's consumption, Japan, the United States and Europe's major consumer countries accounted for 31%, and other countries and regions accounted for 28%. In the tin consumer sector in China, tin in the electronics and automotive industries dominates, mainly in the form of tin solder, accounting for about 50% of China's consumption; the second largest consumer sector is tinplate. The United States is one of the world's leading consumers of refined tin. In 2010, consumption was 34,500 tons, an increase of 28.25% over 2009. At present, tin consumed in the United States is mainly solved by importing and regenerating tin. Japan is also a major consumer of tin in the world. In 2010, Japan's consumption of refined tin was 35,700 tons, an increase of 55.22% over 2009. In 2010, the total volume of refined tin import and export trade in the international market was 470,500 tons. The main exporting countries and regions are: Indonesia, Malaysia, Peru, Thailand, Bolivia and Brazil. The main importing countries or regions are: the United States, Japan, Germany, South Korea, Taiwan, the Netherlands, France and the United Kingdom.
The price of tin on the London Metal Exchange (LME) is a barometer of changes in tin supply and demand worldwide. LME tin prices show that tin prices have fluctuated since 2012, but the overall decline indicates that the global tin supply is sufficient. The trend of tin prices indicates that the tin market pattern has begun to shift from a shortage to a balance, but the supply is sufficient. By 2014, the price of tin continued to fall.
In the international trade of tin, the main producing country of tin is also the exporter of tin, mainly Indonesia, Malaysia, Thailand, Vietnam, Bolivia, Peru and Brazil; the importing countries or regions of tin are the United States, Japan, Germany, South Korea and China, Taiwan, etc.; In 2008, China began to switch from a traditional tin exporting country to a net importer. In 2010–2012, the import volume of refined tin increased year by year. In 2012, refined tin imported more than 30,000 tons.
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