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

Contents:

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

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

The average import price for coin (other than gold coin), not being legal tender stood at $1,105,833 per ton in 2022, dropping by -51.3% against the previous year. Over the period under review, the import price continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2016 an increase of 90% against the previous year. Over the period under review, average import prices attained the peak figure at $2,291,052 per ton in 2020; however, from 2021 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 Singapore ($4,049,800 per ton), while the price for Belgium ($5,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+24.1%), 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 Kuwait (FOB) - 2022

The average export price for coin (other than gold coin), not being legal tender stood at $261,000 per ton in 2021, standing approx. at the previous year. Overall, the export price showed a abrupt curtailment. The pace of growth appeared the most rapid in 2015 an increase of 120% against the previous year. As a result, the export price reached the peak level of $844,500 per ton. From 2016 to 2021, the average export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Germany amounted to -42.0% per year.

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

For the third consecutive year, Kuwait recorded decline in supplies from abroad of coin (other than gold coin), not being legal tender, which decreased by -76.7% to 24 kg in 2022. Overall, imports showed a significant contraction. The smallest decline of -40.8% was in 2021.

In value terms, imports of coin (other than gold coin), not being legal tender plummeted to $27K in 2022. Over the period under review, imports recorded a dramatic curtailment. The smallest decline of -41.3% was in 2021.

Import of Coin (Other than Gold Coin), Not Being Legal Tender in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore29014782.620.2-58.9%
United Kingdom18798.353.03.3-74.0%
Poland0.70.42.00.98.7%
China2.83.33.90.6-40.2%
GreeceN/AN/AN/A0.10%
SpainN/A0.2N/A0.1-29.3%
Thailand0.30.30.4N/A15.5%
South Korea0.20.10.1N/A-29.3%
Germany1.21.10.9N/A-13.4%
BelgiumN/AN/AN/AN/A0%
Hong Kong SARN/AN/AN/AN/A0%
SwitzerlandN/AN/AN/AN/A0%
Finland0.90.60.4N/A-33.3%
Others29114790.61.2-84.0%
Total77339923426.5-67.5%

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

  1. Singapore (5.0 kg)
  2. United Kingdom (5.0 kg)
  3. China (2.0 kg)
  4. Greece (1.0 kg)
  5. Poland (1.0 kg)
  6. Finland (1.0 kg)
  7. Switzerland (1.0 kg)
  8. Hong Kong SAR (1.0 kg)
  9. Belgium (1.0 kg)
  10. Germany (1.0 kg)
  11. South Korea (1.0 kg)
  12. Thailand (1.0 kg)
  13. Spain (1.0 kg)

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

Exports of coin (other than gold coin), not being legal tender from Kuwait amounted to 1 kg in 2021, approximately mirroring 2020 figures. Over the period under review, exports showed a precipitous decline. The smallest decline of 99.9% was in 2020.

In value terms, exports of coin (other than gold coin), not being legal tender amounted to $261 in 2021. Overall, exports showed a sharp decrease. The smallest decline of 99.9% was in 2020.

Export of Coin (Other than Gold Coin), Not Being Legal Tender in Kuwait (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
PeruN/AN/A0.30%
United States3.0N/AN/A0%
OthersN/AN/AN/A0%
Total3.0N/A0.3-68.4%

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

  1. Peru (1.0 kg)

Source: IndexBox Market Intelligence Platform

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