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U.S. Consumption Of Primary And Secondary Tin

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This table presents detailed data on the consumption of both primary and secondary tin in the United States, measured in metric tons of tin content. It includes information on stocks at the beginning and end of the year, net receipts of tin from primary and secondary sources, scrap quantities, total available tin, and the amounts processed and consumed in manufactured products. This data is crucial for understanding the supply and demand dynamics within the U.S. tin market, which is significant for industries such as electronics, packaging, and solder manufacturing. Tracking these figures helps policymakers, manufacturers, and investors gauge resource availability, market trends, and potential supply chain vulnerabilities.

Analysis of the data reveals that total available tin increased from 39,400 metric tons in 2022 to 41,100 metric tons in 2023, driven primarily by a rise in stocks from 8,510 to 11,000 metric tons. However, net receipts slightly declined from 30,900 to 30,100 metric tons, with primary tin receipts decreasing from 27,200 to 26,300 metric tons and secondary tin receipts dropping from 735 to 661 metric tons. Scrap quantities showed a modest increase from 3,030 to 3,150 metric tons. Despite the higher availability, total tin consumption in manufactured products decreased marginally from 29,000 to 28,600 metric tons. End-of-year stocks rose significantly from 9,150 to 11,300 metric tons, indicating a buildup of inventory. These trends suggest a cautious approach by U.S. industries amid fluctuating supply conditions, with a slight shift toward maintaining higher stock levels.

TABLE 2
U.S. CONSUMPTION OF PRIMARY AND SECONDARY TIN1
(Metric tons, tin content)
20222023
Stocks, January 128510r11000
Net receipts during year:
Primary2720026300
Secondary735r661
Scrap30303150
Total receipts3090030100
Total available3940041100
Processed:
Tin consumed in manufactured products:
Primary26500r26100
Secondary2470r2480
Total29000r28600
Intercompany transactions in scrap1310r1280
Total processed30300r29900
Stocks, December 31 (total available less total processed)9150r11300

rRevised.

1Table includes data available through September 9, 2024. Data are rounded to no more than three significant digits; may not add to totals shown.

2Includes tin in transit in the United States.


Source: United States Geological Survey Mineral Resources Program

See also: Tin statistics | Mineral commodity prices


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