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

Contents:

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

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

In 2022, the average import price for coin (other than gold coin), not being legal tender amounted to $455,835 per ton, increasing by 47% against the previous year. Over the period under review, the import price, however, saw a perceptible downturn. The pace of growth was the most pronounced in 2020 when the average import price increased by 534% against the previous year. The import price peaked at $948,735 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($1,179,884 per ton), while the price for China ($48,857 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+2.7%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for coin (other than gold coin), not being legal tender amounted to $393,609 per ton, waning by -50.2% against the previous year. Overall, the export price continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2018 when the average export price increased by 637% against the previous year. The export price peaked at $2,108,031 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Slovakia amounted to +17.7% per year.

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

In 2022, the amount of coin (other than gold coin), not being legal tender imported into Hungary fell sharply to 278 kg, reducing by -27.6% against 2021 figures. Overall, imports saw a sharp descent. The pace of growth was the most pronounced in 2021 with an increase of 44% against the previous year.

In value terms, imports of coin (other than gold coin), not being legal tender expanded notably to $127K in 2022. The total import value increased at an average annual rate of +3.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 42%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Coin (Other than Gold Coin), Not Being Legal Tender in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria28.941.619.181.441.2%
EstoniaN/AN/AN/A23.90%
United States11.814.523.07.4-14.4%
China8.05.57.74.1-20.0%
United KingdomN/AN/A3.73.5-5.4%
Australia0.90.53.02.642.4%
Switzerland3.00.30.20.6-41.5%
Germany1.215.658.30.4-30.7%
Hong Kong SAR2.4N/AN/AN/A0%
Others58.45.54.02.7-64.1%
Total11583.61191273.4%

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

  1. China (84.0 kg)
  2. Austria (69.0 kg)
  3. Estonia (54.0 kg)
  4. United States (24.0 kg)
  5. United Kingdom (16.0 kg)
  6. Switzerland (10.0 kg)
  7. Australia (6.0 kg)
  8. Germany (1.0 kg)

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

In 2022, the amount of coin (other than gold coin), not being legal tender exported from Hungary skyrocketed to 23 kg, rising by 92% against 2021 figures. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 300% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of coin (other than gold coin), not being legal tender fell to $9.1K in 2022. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 933% against the previous year. As a result, the exports reached the peak of $9.5K, and then contracted in the following year.

Export of Coin (Other than Gold Coin), Not Being Legal Tender in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.10.32.79.1349.8%
GermanyN/A0.3N/AN/A0%
Vietnam0.1N/A0.4N/A100.0%
Austria0.2N/AN/AN/A0%
United States1.8N/A5.8N/A79.5%
LebanonN/A0.3N/AN/A0%
PakistanN/AN/A0.2N/A0%
Turkey0.2N/AN/AN/A0%
Others2.3N/A0.4N/A-58.3%
Total4.70.99.59.124.6%

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

  1. China (23.0 kg)

Source: IndexBox Market Intelligence Platform

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