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

Contents:

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

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

The average import price for coin (other than gold coin), not being legal tender stood at $604,151 per ton in 2022, which is down by -10.4% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 45%. As a result, import price attained the peak level of $750,992 per ton. From 2021 to 2022, the average 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 Canada ($864,423 per ton), while the price for Finland amounted to $269,344 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+96.6%).

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

The average export price for coin (other than gold coin), not being legal tender stood at $100,000 per ton in 2022, picking up by 120% against the previous year. Over the period under review, the export price continues to indicate strong growth. The export price peaked at $1,003,000 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

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

From 2013 to 2022, the rate of growth in terms of prices for Poland amounted to 0.0% per year.

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

In 2022, imports of coin (other than gold coin), not being legal tender into Ethiopia skyrocketed to 357 kg, increasing by 20% against 2021. The total import volume increased at an average annual rate of +2.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of coin (other than gold coin), not being legal tender expanded remarkably to $216K in 2022. The total import value increased at an average annual rate of +7.4% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 7.4%. Imports peaked 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 Ethiopia in 2022:

1. Canada (201.0 kg)
2. Finland (154.0 kg)

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

In 2022, overseas shipments of coin (other than gold coin), not being legal tender decreased by -83.3% to 1 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 200%.

In value terms, exports of coin (other than gold coin), not being legal tender contracted rapidly to $100 in 2022. Overall, exports showed a dramatic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 256% against the previous year. As a result, the exports reached the peak of $1K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform