Tin Price in 2022

In 2022, the price of tin averaged $31,335 per tonne, down 3.2% from the year before. This page covers the 2022 average, high, low, and year-end close, the events that moved the market, and what that tin would be worth in today's dollars.

2022 Average

$31,335

LME annual average, USD/tonne

Change vs 2021

-3.2%

from $32,384 in 2021

What happened to the tin price in 2022

Tin averaged $31,335 per tonne in 2022, down 3.2% from $32,384 the year before. The notable development of 2022: Intraday ALL-TIME HIGH ~$51,000/t in March 2022, then a steep H2 sell-off; annual avg just below 2021..

After a COVID low near $17,000, a post-pandemic electronics and solder squeeze pushed tin to record annual averages above $31,000 in 2021-2022, with an intraday high near $51,000, and supply tightness from Myanmar and Indonesia carried into 2024-2025.

Adjusted for inflation, tin's 2022 average of $31,335 equals about $34,504 in today's dollars. The conversion uses US Bureau of Labor Statistics CPI-U annual averages, so treat it as a close approximation rather than an exact figure.

Frequently Asked Questions

What was the price of tin in 2022?

Tin averaged $31,335 per tonne in 2022, based on World Bank and LME annual average data. That average was down 3.2% from $32,384 in 2021.

What is a 2022 tin price worth in today's dollars?

Adjusted with the US Consumer Price Index, tin's 2022 average of $31,335 works out to roughly $34,504 in today's dollars, using 2025 as the CPI base year. The conversion uses BLS CPI-U annual averages, so treat it as a close approximation rather than an exact figure.

What moved the tin price in 2022?

The defining story of 2022: Intraday ALL-TIME HIGH ~$51,000/t in March 2022, then a steep H2 sell-off; annual avg just below 2021.. Against that backdrop, the annual average fell 3.2%, from $32,384 in 2021 to $31,335.

Annual averages are World Bank and LME tin prices per tonne in US dollars (LME cash and settlement basis). The 1985 to 1988 values reflect the Kuala Lumpur Tin Market basis during the LME tin-trading suspension, and the 2025 figure is preliminary. Where daily data exists, the per-year high, low, and close come from MetalCharts historical data. Inflation adjustments use BLS CPI-U annual averages.