Price for Coin (Other than Gold Coin), Not Being Legal Tender in Colombia - 2024
Contents:
- Price for Coin (Other than Gold Coin), Not Being Legal Tender in Colombia (FOB) - 2022
- Price for Coin (Other than Gold Coin), Not Being Legal Tender in Colombia (CIF) - 2022
- Exports of Coin (Other than Gold Coin), Not Being Legal Tender in Colombia
- Imports of Coin (Other than Gold Coin), Not Being Legal Tender in Colombia
Price for Coin (Other than Gold Coin), Not Being Legal Tender in Colombia (FOB) - 2022
In 2022, the average export price for coin (other than gold coin), not being legal tender amounted to $88,069 per ton, dropping by -35.2% against the previous year. Over the period under review, the export price showed a abrupt downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by 1,159% against the previous year. As a result, the export price attained the peak level of $4,399 per kg. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($890,125 per ton), while the average price for exports to Belgium ($8,435 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 (+32.1%), while the prices for the other major destinations experienced a decline.
Price for Coin (Other than Gold Coin), Not Being Legal Tender in Colombia (CIF) - 2022
The average import price for coin (other than gold coin), not being legal tender stood at $304,588 per ton in 2022, rising by 7.4% against the previous year. In general, the import price, however, showed a deep slump. The pace of growth appeared the most rapid in 2020 an increase of 49% against the previous year. The import price peaked at $939,000 per ton in 2012; however, from 2013 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 Poland ($773,000 per ton), while the price for Italy ($1,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+96.8%), while the prices for the other major suppliers experienced a decline.
Exports of Coin (Other than Gold Coin), Not Being Legal Tender in Colombia
In 2022, the amount of coin (other than gold coin), not being legal tender exported from Colombia surged to 160 kg, jumping by 93% compared with 2021. Overall, exports continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 337%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, exports of coin (other than gold coin), not being legal tender skyrocketed to $14K in 2022. In general, exports, however, saw a sharp slump. The pace of growth was the most pronounced in 2021 when exports increased by 33%.
| Export of Coin (Other than Gold Coin), Not Being Legal Tender in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 45.1 | 4.9 | 0.2 | 7.1 | -46.0% |
| France | N/A | N/A | N/A | 2.9 | 0% |
| Germany | 3.4 | 0.9 | 4.7 | 1.8 | -19.1% |
| Taiwan (Chinese) | N/A | N/A | N/A | 0.9 | 0% |
| Netherlands | 1.7 | 0.3 | 1.0 | 0.3 | -43.9% |
| Belgium | N/A | N/A | N/A | 0.2 | 0% |
| Czech Republic | 369 | N/A | N/A | N/A | 0% |
| Others | 2.9 | 2.4 | 5.4 | 0.9 | -32.3% |
| Total | 422 | 8.5 | 11.3 | 14.1 | -67.8% |
Top Export Markets for Coin (Other than Gold Coin), Not Being Legal Tender from Colombia in 2022:
- Taiwan (Chinese) (93.0 kg)
- Belgium (23.0 kg)
- Netherlands (15.0 kg)
- France (9.0 kg)
- United States (8.0 kg)
- Germany (8.0 kg)
Imports of Coin (Other than Gold Coin), Not Being Legal Tender in Colombia
In 2022, overseas purchases of coin (other than gold coin), not being legal tender decreased by -45.2% to 17 kg for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of 180%.
In value terms, imports of coin (other than gold coin), not being legal tender dropped rapidly to $5.2K in 2022. Overall, imports, however, posted significant growth. The growth pace was the most rapid in 2020 when imports increased by 317% against the previous year. As a result, imports reached the peak of $12K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Coin (Other than Gold Coin), Not Being Legal Tender in Colombia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 1,793 | 8,664 | 3,821 | 3,092 | 19.9% |
| Slovakia | 272 | 2,183 | 2,678 | 1,085 | 58.6% |
| Finland | 907 | 1,490 | 2,102 | 990 | 3.0% |
| Spain | 1.0 | 1.0 | 24.0 | 2.0 | 26.0% |
| Italy | 1.0 | 1.0 | 1.0 | 1.0 | 0.0% |
| France | N/A | N/A | 5.0 | 1.0 | -80.0% |
| United States | 1.0 | 6.0 | 5.0 | 1.0 | 0.0% |
| China | 1.0 | 7.0 | 1.0 | 1.0 | 0.0% |
| Paraguay | N/A | N/A | N/A | 1.0 | 0% |
| Germany | 1.0 | 34.0 | 12.0 | 1.0 | 0.0% |
| Others | 1.0 | 18.0 | 139 | 3.0 | 44.2% |
| Total | 2,978 | 12,404 | 8,788 | 5,178 | 20.2% |
Top Suppliers of Coin (Other than Gold Coin), Not Being Legal Tender to Colombia in 2022:
- Poland (4.0 kg)
- Slovakia (3.0 kg)
- Finland (2.0 kg)
- Italy (1.0 kg)
- France (1.0 kg)
- United States (1.0 kg)
- China (1.0 kg)
- Paraguay (1.0 kg)
- Germany (1.0 kg)
- Spain (1.0 kg)
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This report provides an in-depth analysis of the coin market in Colombia.
436
This report provides an in-depth analysis of the global coin market.
300
This report provides an in-depth analysis of the coin market in Colombia.
436
This report provides an in-depth analysis of the global coin market.
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