Long associated with humble cans, tin is quietly becoming one of the most critical technology metals of our time. Propelled by the twin engines of decarbonization and digital advancements, the global market for tin is undergoing a radical transformation. According to industry analysis, demand for this forgotten metal is projected to double between 2020 and 2040¹.

While previous discussions have highlighted tin's surging price and evolving demand drivers, a critical part of the story lies on the horizon: a looming structural deficit in supply. According to detailed forecasts from the International Tin Association (ITA), without significant investment in new mining projects, the world is on track for a substantial tin shortfall by the end of the decade.

Our latest infographic on tin (featured above) highlights a significant upward trend in its price, which has climbed +675% since 2002. This sustained rise, more than a temporary fluctuation, reflects tin's growing importance in our modern world. Several key factors are driving this rally: robust demand from tech and green energy sectors, notable supply disruptions, and constrained global inventories, as market analyses have indicated (e.g., Oedigital, April 2, 2025)¹.

Asia stands as the undisputed leader in global tin mine production, estimated to account for 55.7% of the world's total output in 2024, according to the U.S. Geological Survey.

Tin, often called the "glue" of the electronics industry due to its critical role in solder, is poised for a significant demand surge in the coming years. While traditionally used in tinplate for packaging and chemicals, its future is increasingly tied to the rapid advancements shaping our modern world. Projections indicate a substantial rise in global tin consumption by 2030, driven by a confluence of technological megatrends.