Price for Coin (Other than Gold Coin), Not Being Legal Tender in Bahrain - 2022

Contents:

1. Price for Coin (Other than Gold Coin), Not Being Legal Tender in Bahrain (CIF) - 2022
2. Price for Coin (Other than Gold Coin), Not Being Legal Tender in Bahrain (FOB) - 2022
3. Imports of Coin (Other than Gold Coin), Not Being Legal Tender in Bahrain
4. Exports of Coin (Other than Gold Coin), Not Being Legal Tender in Bahrain

Price for Coin (Other than Gold Coin), Not Being Legal Tender in Bahrain (CIF) - 2022

In 2022, the average import price for coin (other than gold coin), not being legal tender amounted to $332,330 per ton, rising by 11% against the previous year. Overall, the import price, however, showed a drastic downturn. The pace of growth was the most pronounced in 2020 an increase of 74%. Over the period under review, average import prices hit record highs at $1,030,681 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($805,000 per ton), while the price for China ($33,333 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-11.8%), while the prices for the other major suppliers experienced a decline.

Price for Coin (Other than Gold Coin), Not Being Legal Tender in Bahrain (FOB) - 2022

In 2022, the average export price for coin (other than gold coin), not being legal tender amounted to $357,000 per ton, growing by 197% against the previous year. Over the period under review, the export price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2013 an increase of 211%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($778,000 per ton), while the average price for exports to the Netherlands ($8,000 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 Oman (+15,460.0%), while the prices for the other major destinations experienced a decline.

Imports of Coin (Other than Gold Coin), Not Being Legal Tender in Bahrain

In 2022, approx. 179 kg of coin (other than gold coin), not being legal tender were imported into Bahrain; jumping by 39% on the previous year. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 122% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of coin (other than gold coin), not being legal tender soared to $59K in 2022. Over the period under review, imports showed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 68% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Coin (Other than Gold Coin), Not Being Legal Tender to Bahrain in 2022:

1. Switzerland (75.0 kg)
2. United Kingdom (27.0 kg)
3. Philippines (17.0 kg)
4. United States (10.0 kg)
5. China (6.0 kg)
6. Canada (2.0 kg)

Exports of Coin (Other than Gold Coin), Not Being Legal Tender in Bahrain

In 2022, the amount of coin (other than gold coin), not being legal tender exported from Bahrain was estimated at 5 kg, remaining relatively unchanged against the previous year. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +7.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 67%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, exports of coin (other than gold coin), not being legal tender soared to $1.8K in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Coin (Other than Gold Coin), Not Being Legal Tender from Bahrain in 2022:

1. Oman (1.0 kg)
2. Netherlands (1.0 kg)
3. Italy (1.0 kg)
4. Portugal (1.0 kg)

Source: IndexBox Market Intelligence Platform