Coin Price in Nepal - 2022

Contents:

  1. Coin Price in Nepal (FOB) - 2022
  2. Coin Exports in Nepal

Coin Price in Nepal (FOB) - 2022

In 2022, the average coin export price amounted to $154,900 per ton, waning by -16.3% against the previous year. Over the period under review, the export price, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2013 when the average export price increased by 228% against the previous year. Over the period under review, the average export prices reached the maximum at $493,286 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($170,750 per ton), while the average price for exports to the Netherlands ($39,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+17.2%), while the prices for the other major destinations experienced more modest paces of growth.

Coin Exports in Nepal

In 2022, coin exports from Nepal declined significantly to 10 kg, dropping by -88.9% against the previous year. Overall, exports, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 2,150%. As a result, the exports attained the peak of 90 kg, and then contracted dramatically in the following year.

In value terms, coin exports contracted remarkably to $1.5K in 2022. In general, exports saw a precipitous curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 3,826%. As a result, the exports attained the peak of $17K, and then reduced markedly in the following year.

Export of Coin in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.10.28.41.48.4%
China0.2N/A1.50.1-20.6%
PeruN/AN/A0.3N/A0%
Netherlands1.50.26.5N/A108.2%
Others0.7N/AN/AN/A0%
Total3.50.416.61.5-24.6%

Top Export Markets for Coin from Nepal in 2022:

  1. United States (8.0 kg)
  2. Netherlands (1.0 kg)
  3. China (1.0 kg)

Source: IndexBox Market Intelligence Platform

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