Coin Price in Myanmar - 2022
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Coin Price in Myanmar (FOB) - 2022
The average coin export price stood at $15,000 per ton in 2022, shrinking by -97.9% against the previous year. Overall, the export price showed a precipitous curtailment. The most prominent rate of growth was recorded in 2018 an increase of 89%. Over the period under review, the average export prices attained the maximum at $1,421,667 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Thailand.
From 2017 to 2022, the rate of growth in terms of prices for Portugal amounted to +88.9% per year.
Coin Exports in Myanmar
In 2022, overseas shipments of coins decreased by -98% to 1 kg for the first time since 2019, thus ending a two-year rising trend. Overall, exports faced a precipitous contraction. The growth pace was the most rapid in 2021 when exports increased by 1,533% against the previous year. As a result, the exports reached the peak of 49 kg, and then shrank notably in the following year.
In value terms, coin exports shrank markedly to $15 in 2022. Over the period under review, exports continue to indicate a significant decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 740% against the previous year. As a result, the exports attained the peak of $36K, and then plummeted in the following year.
Export of Coin in Myanmar (Thousand USD) | ||||
---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
Peru | N/A | 0.1 | N/A | 0% |
Thailand | N/A | N/A | N/A | 0% |
United States | 4.3 | 35.7 | N/A | 730.2% |
Others | N/A | N/A | N/A | 0% |
Total | 4.3 | 35.8 | N/A | 732.6% |
Top Export Markets for Coin from Myanmar in 2022:
- Thailand (1.0 kg)
This report provides an in-depth analysis of the global coin market.
This report provides an in-depth analysis of the global coin market.
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