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

Contents:

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

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

The average import price for coin (other than gold coin), not being legal tender stood at $2,047,053 per ton in 2022, increasing by 11% against the previous year. Over the period under review, the import price saw a prominent increase. The growth pace was the most rapid in 2021 when the average import price increased by 146% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($2,133,000 per ton), while the price for Germany ($690,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.6%), 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 New Zealand (FOB) - 2022

In 2022, the average export price for coin (other than gold coin), not being legal tender amounted to $3,667,719 per ton, with an increase of 6.4% against the previous year. Over the period under review, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for coin (other than gold coin), not being legal tender increased by +64.3% against 2016 indices. The pace of growth appeared the most rapid in 2017 an increase of 21% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($1,863,561 per ton), while the average price for exports to the United States ($605,000 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 Ukraine (+32.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, purchases abroad of coin (other than gold coin), not being legal tender decreased by -59% to 547 kg, falling for the second year in a row after two years of growth. Overall, imports faced a abrupt setback. The most prominent rate of growth was recorded in 2020 when imports increased by 153%. As a result, imports reached the peak of 2.7 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of coin (other than gold coin), not being legal tender reduced remarkably to $1.1M in 2022. In general, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 213%.

Import of Coin (Other than Gold Coin), Not Being Legal Tender in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia1231337.832538.2%
China15.28.126.1133106.1%
United States49.832.931.935.0-11.1%
IndiaN/AN/AN/A25.60%
Singapore8.59.815.321.436.0%
United Kingdom1034695004.9-63.8%
CanadaN/A337634N/A88.1%
Others3349931,23657519.9%
Total6341,9832,4511,12020.9%

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

  1. Australia (320.0 kg)
  2. China (146.0 kg)
  3. United States (36.0 kg)
  4. Singapore (20.0 kg)
  5. India (12.0 kg)
  6. United Kingdom (5.0 kg)

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

In 2022, exports of coin (other than gold coin), not being legal tender from New Zealand dropped dramatically to 114 kg, waning by -63.8% on the previous year's figure. Over the period under review, exports showed a precipitous decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 78%. As a result, the exports attained the peak of 315 kg, and then contracted sharply in the following year.

In value terms, exports of coin (other than gold coin), not being legal tender declined sharply to $418K in 2022. In general, exports showed a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 89%. As a result, the exports attained the peak of $1.1M, and then fell notably in the following year.

Export of Coin (Other than Gold Coin), Not Being Legal Tender in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada286280536183-13.8%
GermanyN/AN/AN/A25.00%
Singapore20.83.9N/AN/A-81.3%
Others381289549210-18.0%
Total6885731,085418-15.3%

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

  1. Canada (98.0 kg)
  2. Germany (14.0 kg)

Source: IndexBox Market Intelligence Platform

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