Price for Coin (Other than Gold Coin), Not Being Legal Tender in Belgium - 2024

Contents:

  1. Price for Coin (Other than Gold Coin), Not Being Legal Tender in Belgium (FOB) - 2024
  2. Price for Coin (Other than Gold Coin), Not Being Legal Tender in Belgium (CIF) - 2022
  3. Exports of Coin (Other than Gold Coin), Not Being Legal Tender in Belgium
  4. Imports of Coin (Other than Gold Coin), Not Being Legal Tender in Belgium

Price for Coin (Other than Gold Coin), Not Being Legal Tender in Belgium (FOB) - 2024

The average export price for coin (other than gold coin), not being legal tender stood at $205K per ton in February 2024, jumping by 289% against the previous month. Over the period under review, the export price continues to indicate significant growth. The most prominent rate of growth was recorded in November 2023 an increase of 383% m-o-m. Over the period under review, the average export prices attained the maximum in February 2024.

There were significant differences in the average prices for the major foreign markets. In February 2024, the country with the highest price was Israel ($1.6M per ton), while the average price for exports to Morocco ($21,849 per ton) was amongst the lowest.

From March 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for coin (other than gold coin), not being legal tender amounted to $592,048 per ton, which is down by -15.9% against the previous year. Over the period under review, the import price continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2013 when the average import price increased by 97%. The import price peaked at $2,471,832 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($1,281,556 per ton), while the price for China ($197,219 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, approx. 207 tons of coin (other than gold coin), not being legal tender were exported from Belgium; growing by 12% against the year before. Over the period under review, exports, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 46%.

In value terms, exports of coin (other than gold coin), not being legal tender reached $9.5M in 2022. Overall, exports, however, showed a mild contraction. The growth pace was the most rapid in 2021 when exports increased by 67%.

Export of Coin (Other than Gold Coin), Not Being Legal Tender in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands8143502,4982,44744.3%
France1,0571,2352,1412,09925.7%
United Kingdom37120187598638.5%
Germany39170966082328.2%
Poland4487036885185.0%
Israel83.944273333959.3%
Romania14522333431529.5%
Others6,5041,5771,1452,000-32.5%
Total9,8145,4409,0759,527-1.0%

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

  1. Netherlands (43.1 tons)
  2. France (42.0 tons)
  3. United Kingdom (31.5 tons)
  4. Germany (29.1 tons)
  5. Poland (17.7 tons)
  6. Romania (11.7 tons)
  7. Israel (7.7 tons)

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

In 2022, the amount of coin (other than gold coin), not being legal tender imported into Belgium shrank sharply to 12 tons, falling by -49.4% compared with the previous year. Over the period under review, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 58%. As a result, imports attained the peak of 24 tons, and then declined remarkably in the following year.

In value terms, imports of coin (other than gold coin), not being legal tender declined significantly to $7.1M in 2022. In general, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 61% against the previous year. As a result, imports attained the peak of $17M, and then dropped sharply in the following year.

Import of Coin (Other than Gold Coin), Not Being Legal Tender in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2,9864,05810,6293,7998.4%
Luxembourg35573356774327.9%
Germany1851,5661,44343432.9%
Austria56.334.61,34036987.1%
France12.455.3114251172.5%
BulgariaN/AN/AN/A2220%
FinlandN/A199236148-13.8%
Estonia42.274.215013447.0%
Portugal50.457.140.010728.5%
United States62.427920110619.3%
Latvia29.57.447.151.220.2%
China6.037.811250.5103.4%
Malta3041,34588.130.4-53.6%
Others4,7101,9691,769684-47.4%
Total8,80010,41516,7377,129-6.8%

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

  1. Netherlands (6338.0 kg)
  2. Luxembourg (939.0 kg)
  3. Germany (662.0 kg)
  4. Estonia (520.0 kg)
  5. Bulgaria (369.0 kg)
  6. United States (355.0 kg)
  7. France (349.0 kg)
  8. Austria (288.0 kg)
  9. Finland (271.0 kg)
  10. Portugal (265.0 kg)
  11. China (256.0 kg)
  12. Latvia (246.0 kg)
  13. Malta (19.0 kg)

Source: IndexBox Market Intelligence Platform

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