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

Contents:

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

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

In 2022, the average import price for coin (other than gold coin), not being legal tender amounted to $543,315 per ton, rising by 47% against the previous year. Over the period under review, the import price continues to indicate prominent growth. The growth pace was the most rapid in 2013 when the average import price increased by 489%. As a result, import price reached the peak level of $716,532 per ton. From 2014 to 2022, the average import prices remained 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 Germany ($526,438 per ton), while the price for China ($72,874 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+18.1%), 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 Ireland (FOB) - 2022

In 2022, the average export price for coin (other than gold coin), not being legal tender amounted to $998,226 per ton, with an increase of 308% against the previous year. Over the period under review, the export price posted buoyant growth. The pace of growth was the most pronounced in 2020 when the average export price increased by 433% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($1,274,303 per ton), while the average price for exports to Hong Kong SAR ($1,000 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 UK (+15.0%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, purchases abroad of coin (other than gold coin), not being legal tender increased by 196% to 6.4 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports continue to indicate a relatively flat trend pattern. 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 skyrocketed to $3.5M in 2022. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Coin (Other than Gold Coin), Not Being Legal Tender in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/AN/A2,4920%
United Kingdom716858457322-23.4%
United States19.551.696.259.344.9%
China51.429.543.033.0-13.7%
ItalyN/A1,10491.3N/A-91.7%
Netherlands71.2N/AN/AN/A0%
Others98351.7114573-16.5%
Total1,8422,0968023,47823.6%

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

  1. Germany (4.7 tons)
  2. United Kingdom (0.7 tons)
  3. China (0.5 tons)
  4. United States (0.2 tons)

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

In 2022, the amount of coin (other than gold coin), not being legal tender exported from Ireland dropped sharply to 93 kg, which is down by -66.1% on 2021. In general, exports, however, recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 1,613% against the previous year. As a result, the exports attained the peak of 274 kg, and then declined notably in the following year.

In value terms, exports of coin (other than gold coin), not being legal tender skyrocketed to $93K in 2022. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,878% 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 the immediate term.

Export of Coin (Other than Gold Coin), Not Being Legal Tender in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/A54.384.154.9%
United States0.1N/A3.05.4278.0%
SwitzerlandN/AN/A1.31.1-15.4%
Hong Kong SARN/AN/AN/AN/A0%
MaliN/A3.34.5N/A36.4%
AustraliaN/AN/AN/AN/A0%
Others1.00.14.02.230.1%
Total1.13.467.092.8338.6%

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

  1. United Kingdom (66.0 kg)
  2. United States (19.0 kg)
  3. Switzerland (3.0 kg)
  4. Hong Kong SAR (2.0 kg)

Source: IndexBox Market Intelligence Platform

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