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

Contents:

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

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

The average import price for coin (other than gold coin), not being legal tender stood at $1,892,853 per ton in 2022, with an increase of 3.1% against the previous year. Over the period under review, the import price continues to indicate a remarkable increase. The growth pace was the most rapid in 2020 when the average import price increased by 268% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($2,523,380 per ton), while the price for Spain ($505,143 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+11.7%), 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 Japan (FOB) - 2022

The average export price for coin (other than gold coin), not being legal tender stood at $360,469 per ton in 2022, shrinking by -76.2% against the previous year. Over the period under review, the export price saw a deep setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 172%. The export price peaked at $2,178,036 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($1,271,396 per ton), while the average price for exports to the United States ($515,250 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 Georgia (+92.8%), while the prices for the other major destinations experienced a decline.

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

In 2022, approx. 525 kg of coin (other than gold coin), not being legal tender were imported into Japan; which is down by -49.7% on 2021 figures. Over the period under review, imports saw a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 120% against the previous year. As a result, imports reached the peak of 1 tons, and then shrank remarkably in the following year.

In value terms, imports of coin (other than gold coin), not being legal tender dropped notably to $994K in 2022. In general, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 when imports increased by 194% against the previous year. As a result, imports reached the peak of $1.9M, and then fell remarkably in the following year.

Import of Coin (Other than Gold Coin), Not Being Legal Tender in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States20.898.725016097.4%
United Kingdom15.729.1425126100.2%
China18.83.317.457.745.3%
CanadaN/A95.989.540.4-35.1%
Germany26.04.52.426.20.3%
Greece4.05.536.523.881.2%
Austria35.436.111.918.0-20.2%
PolandN/AN/AN/A7.50%
Spain2.9N/AN/A3.56.5%
Thailand19.9N/AN/AN/A0%
Australia7.619.953.0N/A164.1%
Others1993591,03053138.7%
Total3506521,91699441.6%

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

  1. United States (130.0 kg)
  2. United Kingdom (50.0 kg)
  3. China (28.0 kg)
  4. Canada (22.0 kg)
  5. Germany (12.0 kg)
  6. Greece (11.0 kg)
  7. Austria (8.0 kg)
  8. Poland (7.0 kg)
  9. Spain (7.0 kg)

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

In 2022, approx. 1.3 tons of coin (other than gold coin), not being legal tender were exported from Japan; increasing by 877% on the previous year's figure. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of coin (other than gold coin), not being legal tender soared to $465K in 2022. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 274%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.

Export of Coin (Other than Gold Coin), Not Being Legal Tender in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BangladeshN/AN/AN/A1170%
Taiwan (Chinese)43.319.034.861.012.1%
China1.9N/A12.343.3183.5%
Hong Kong SARN/A7.82.37.0-5.3%
United StatesN/AN/AN/A4.10%
Others49.626.715123267.2%
Total94.853.520046569.9%

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

  1. Bangladesh (129.0 kg)
  2. China (83.0 kg)
  3. Taiwan (Chinese) (48.0 kg)
  4. United States (8.0 kg)
  5. Hong Kong SAR (3.0 kg)

Source: IndexBox Market Intelligence Platform

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