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

Contents:

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

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

In 2022, the average import price for coin (other than gold coin), not being legal tender amounted to $423,318 per ton, waning by -30.6% against the previous year. Over the period under review, the import price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 370% against the previous year. Over the period under review, average import prices hit record highs at $1,265,647 per ton in 2012; however, from 2013 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 Spain ($5,045,000 per ton), while the price for the UK ($10,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+59.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for coin (other than gold coin), not being legal tender stood at $51,711 per ton in 2022, picking up by 35% against the previous year. In general, the export price, however, faced a deep reduction. The most prominent rate of growth was recorded in 2017 an increase of 586% against the previous year. The export price peaked at $255,966 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to -10.3% per year.

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

For the fourth year in a row, Ecuador recorded growth in supplies from abroad of coin (other than gold coin), not being legal tender, which increased by 38% to 22 kg in 2022. Over the period under review, imports recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 57%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, imports of coin (other than gold coin), not being legal tender contracted modestly to $9.3K in 2022. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 69%. As a result, imports reached the peak of $9.8K, and then dropped in the following year.

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

1. China (10.0 kg)
2. Canada (1.0 kg)
3. United States (1.0 kg)
4. United Kingdom (1.0 kg)
5. Spain (1.0 kg)
6. Hong Kong SAR (1.0 kg)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of coin (other than gold coin), not being legal tender, when their volume decreased by -25.5% to 38 kg. Overall, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 538% against the previous year. As a result, the exports attained the peak of 51 kg, and then dropped markedly in the following year.

In value terms, exports of coin (other than gold coin), not being legal tender stood at $2K in 2022. Over the period under review, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 477% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.

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

1. Spain (38.0 kg)

Source: IndexBox Market Intelligence Platform