Price for Coin (Other than Gold Coin), Not Being Legal Tender in Malaysia - 2024
Contents:
- Price for Coin (Other than Gold Coin), Not Being Legal Tender in Malaysia (CIF) - 2022
- Price for Coin (Other than Gold Coin), Not Being Legal Tender in Malaysia (FOB) - 2022
- Imports of Coin (Other than Gold Coin), Not Being Legal Tender in Malaysia
- Exports of Coin (Other than Gold Coin), Not Being Legal Tender in Malaysia
Price for Coin (Other than Gold Coin), Not Being Legal Tender in Malaysia (CIF) - 2022
In 2022, the average import price for coin (other than gold coin), not being legal tender amounted to $75,856 per ton, declining by -79.7% against the previous year. Over the period under review, the import price showed a abrupt decline. The pace of growth was the most pronounced in 2015 when the average import price increased by 580%. As a result, import price reached the peak level of $1,611 per kg. From 2016 to 2022, the average import prices failed to regain momentum.
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 the UK ($810,529 per ton), while the price for Thailand ($31,993 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+16.2%), 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 Malaysia (FOB) - 2022
The average export price for coin (other than gold coin), not being legal tender stood at $390,637 per ton in 2022, dropping by -18.3% against the previous year. Overall, the export price recorded a slight reduction. The pace of growth was the most pronounced in 2018 an increase of 5%. The export price peaked at $3,426,782 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
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 Hong Kong SAR ($729,583 per ton), while the average price for exports to the United States ($305,742 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 Singapore (+14.8%), while the prices for the other major destinations experienced a decline.
Imports of Coin (Other than Gold Coin), Not Being Legal Tender in Malaysia
In 2022, approx. 4.2 tons of coin (other than gold coin), not being legal tender were imported into Malaysia; rising by 422% on 2021 figures. In general, imports posted a significant expansion. As a result, imports attained 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 stood at $321K in 2022. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 143% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Coin (Other than Gold Coin), Not Being Legal Tender in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.8 | 33.0 | 17.6 | 33.9 | 91.9% |
| Hong Kong SAR | 15.6 | 65.9 | 71.8 | 29.9 | 24.2% |
| United Kingdom | N/A | N/A | 23.8 | 27.6 | 16.0% |
| Australia | 1.3 | N/A | 10.7 | 19.8 | 147.9% |
| Canada | 10.9 | N/A | 2.9 | 17.5 | 17.1% |
| Thailand | N/A | N/A | N/A | 9.3 | 0% |
| China | 3.2 | 2.9 | N/A | 4.8 | 14.5% |
| Singapore | 1.7 | 3.2 | 19.3 | 3.9 | 31.9% |
| Philippines | N/A | N/A | N/A | 1.7 | 0% |
| Others | 57.5 | 126 | 157 | 173 | 44.4% |
| Total | 95.0 | 231 | 304 | 321 | 50.1% |
Top Suppliers of Coin (Other than Gold Coin), Not Being Legal Tender to Malaysia in 2022:
- Thailand (290.0 kg)
- United States (217.0 kg)
- Hong Kong SAR (145.0 kg)
- China (62.0 kg)
- Philippines (38.0 kg)
- Australia (37.0 kg)
- Canada (35.0 kg)
- United Kingdom (34.0 kg)
- Singapore (8.0 kg)
Exports of Coin (Other than Gold Coin), Not Being Legal Tender in Malaysia
For the third consecutive year, Malaysia recorded growth in shipments abroad of coin (other than gold coin), not being legal tender, which increased by 26% to 575 kg in 2022. Over the period under review, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 192%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of coin (other than gold coin), not being legal tender expanded slightly to $225K in 2022. Overall, exports, however, recorded a dramatic slump.
| Export of Coin (Other than Gold Coin), Not Being Legal Tender in Malaysia (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
| United States | 86.9 | 101 | 99.7 | 7.1% |
| Hong Kong SAR | N/A | 5.7 | 8.8 | 54.4% |
| Maldives | N/A | N/A | 3.9 | 0% |
| Others | 448 | 111 | 112 | -50.0% |
| Total | 535 | 218 | 225 | -35.1% |
Top Export Markets for Coin (Other than Gold Coin), Not Being Legal Tender from Malaysia in 2022:
- United States (326.0 kg)
- Hong Kong SAR (12.0 kg)
- Maldives (10.0 kg)
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This report provides an in-depth analysis of the coin market in Malaysia.
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This report provides an in-depth analysis of the global coin market.
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This report provides an in-depth analysis of the coin market in Malaysia.
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This report provides an in-depth analysis of the global coin market.
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