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

Contents:

  1. Price for Coin (Other than Gold Coin), Not Being Legal Tender in Nepal (FOB) - 2022
  2. Exports of Coin (Other than Gold Coin), Not Being Legal Tender in Nepal

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

In 2022, the average export price for coin (other than gold coin), not being legal tender amounted to $172,111 per ton, shrinking by -15.7% against the previous year. Over the period under review, the export price, however, saw a prominent increase. The pace of growth appeared the most rapid in 2013 an increase of 176%. Over the period under review, the average export prices hit record highs at $493,286 per ton in 2019; however, from 2020 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 the United States ($195,143 per ton), while the average price for exports to the Netherlands ($39,000 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 United States (+18.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of coin (other than gold coin), not being legal tender exported from Nepal declined dramatically to 9 kg, waning by -92% compared with 2021 figures. In general, exports, however, showed a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by 2,725%. As a result, the exports reached the peak of 113 kg, and then plummeted in the following year.

In value terms, exports of coin (other than gold coin), not being legal tender shrank remarkably to $1.5K in 2022. Over the period under review, exports continue to indicate a precipitous decrease. The pace of growth appeared the most rapid in 2021 with an increase of 5,338%. As a result, the exports reached the peak of $23K, and then shrank dramatically in the following year.

Export of Coin (Other than Gold Coin), Not Being Legal Tender in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.10.27.71.48.4%
China0.2N/A1.40.1-20.6%
Netherlands1.50.26.0N/A100.0%
Others0.7N/A8.0N/A238.1%
Total3.50.423.11.5-24.6%

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

  1. United States (7.0 kg)
  2. Netherlands (1.0 kg)
  3. China (1.0 kg)

Source: IndexBox Market Intelligence Platform

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