Price for Coin (Other than Gold Coin), Not Being Legal Tender in China - 2024
Contents:
- Price for Coin (Other than Gold Coin), Not Being Legal Tender in China (FOB) - 2022
- Price for Coin (Other than Gold Coin), Not Being Legal Tender in China (CIF) - 2022
- Exports of Coin (Other than Gold Coin), Not Being Legal Tender in China
- Imports of Coin (Other than Gold Coin), Not Being Legal Tender in China
Price for Coin (Other than Gold Coin), Not Being Legal Tender in China (FOB) - 2022
The average export price for coin (other than gold coin), not being legal tender stood at $14,458 per ton in 2022, growing by 20% against the previous year. Over the period under review, the export price, however, showed a noticeable slump. The pace of growth appeared the most rapid in 2018 an increase of 354% against the previous year. As a result, the export price attained the peak level of $28,571 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($133,461 per ton), while the average price for exports to Japan ($3,803 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 Singapore (+47.7%), 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 China (CIF) - 2022
In 2022, the average import price for coin (other than gold coin), not being legal tender amounted to $204,346 per ton, surging by 47% against the previous year. In general, the import price enjoyed strong growth. The most prominent rate of growth was recorded in 2015 an increase of 280% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.
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 Australia ($1,418,333 per ton), while the price for Japan ($50,213 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+26.4%), 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 China
In 2022, approx. 158 tons of coin (other than gold coin), not being legal tender were exported from China; dropping by -7.8% against 2021. In general, exports recorded a deep setback. The growth pace was the most rapid in 2021 when exports increased by 138%.
In value terms, exports of coin (other than gold coin), not being legal tender rose rapidly to $2.3M in 2022. Over the period under review, exports showed a noticeable downturn. The growth pace was the most rapid in 2021 with an increase of 81% against the previous year.
| Export of Coin (Other than Gold Coin), Not Being Legal Tender in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 0.3 | 88.8 | 284 | 522 | 1102.8% |
| Philippines | 46.3 | 1.1 | 8.4 | 302 | 86.8% |
| France | 46.3 | 253 | 101 | 255 | 76.6% |
| United States | 61.5 | 286 | 373 | 235 | 56.3% |
| Indonesia | 11.9 | 0.5 | 22.4 | 196 | 154.4% |
| Germany | 78.4 | 71.9 | 81.4 | 105 | 10.2% |
| United Kingdom | 62.1 | 35.7 | 63.6 | 97.2 | 16.1% |
| Kazakhstan | 21.8 | 28.3 | 32.5 | 87.6 | 59.0% |
| Thailand | 87.9 | N/A | 27.4 | 69.5 | -7.5% |
| Malaysia | 1.8 | 64.4 | 89.6 | 66.1 | 232.4% |
| Russia | 44.5 | 2.4 | 4.7 | 43.8 | -0.5% |
| Hong Kong SAR | 14.0 | 18.1 | 9.4 | 31.1 | 30.5% |
| Japan | 5.0 | 16.4 | 114 | 11.6 | 32.4% |
| Others | 2,042 | 274 | 850 | 263 | -49.5% |
| Total | 2,523 | 1,141 | 2,062 | 2,285 | -3.2% |
Top Export Markets for Coin (Other than Gold Coin), Not Being Legal Tender from China in 2022:
- Philippines (40.7 tons)
- Indonesia (22.8 tons)
- France (15.6 tons)
- United States (14.3 tons)
- Hong Kong SAR (8.2 tons)
- Germany (7.3 tons)
- United Kingdom (6.4 tons)
- Russia (6.1 tons)
- Malaysia (4.9 tons)
- Kazakhstan (4.8 tons)
- Singapore (3.9 tons)
- Japan (3.1 tons)
- Thailand (3.1 tons)
Imports of Coin (Other than Gold Coin), Not Being Legal Tender in China
In 2022, imports of coin (other than gold coin), not being legal tender into China dropped to 4.3 tons, shrinking by -12.9% against the year before. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. As a result, imports attained the peak of 5 tons, and then fell in the following year.
In value terms, imports of coin (other than gold coin), not being legal tender surged to $887K in 2022. Over the period under review, imports, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 93% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Coin (Other than Gold Coin), Not Being Legal Tender in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 29.6 | 67.1 | 290 | 270 | 108.9% |
| Japan | 0.9 | 13.2 | 21.6 | 60.6 | 306.8% |
| France | 14.2 | 53.1 | 15.9 | 53.8 | 55.9% |
| United States | 6.2 | 4.3 | 23.0 | 51.2 | 102.1% |
| Spain | N/A | N/A | 7.9 | 43.7 | 453.2% |
| United Kingdom | 3.3 | 15.3 | 43.7 | 37.0 | 123.8% |
| Australia | 80.7 | 12.7 | 31.2 | 29.8 | -28.3% |
| Poland | 2.7 | 99.2 | 48.7 | 26.9 | 115.2% |
| Canada | 0.1 | 3.8 | 2.3 | 25.1 | 530.8% |
| Italy | 2.7 | N/A | 10.4 | 24.2 | 107.7% |
| Greece | N/A | N/A | 45.2 | 17.6 | -61.1% |
| Belgium | 2.7 | 2.2 | 6.7 | 10.0 | 54.7% |
| Netherlands | 18.9 | 11.8 | 14.6 | 2.6 | -48.4% |
| Others | 397 | 76.1 | 133 | 234 | -16.2% |
| Total | 560 | 359 | 694 | 887 | 16.6% |
Top Suppliers of Coin (Other than Gold Coin), Not Being Legal Tender to China in 2022:
- Germany (1226.0 kg)
- Japan (1207.0 kg)
- Spain (265.0 kg)
- United Kingdom (221.0 kg)
- Italy (158.0 kg)
- France (136.0 kg)
- Canada (109.0 kg)
- United States (109.0 kg)
- Belgium (91.0 kg)
- Poland (61.0 kg)
- Netherlands (32.0 kg)
- Australia (21.0 kg)
- Greece (5.0 kg)
396
This report provides an in-depth analysis of the coin market in China.
436
This report provides an in-depth analysis of the global coin market.
396
This report provides an in-depth analysis of the coin market in China.
436
This report provides an in-depth analysis of the global coin market.
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