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

Contents:

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

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

The average import price for coin (other than gold coin), not being legal tender stood at $432,038 per ton in 2022, dropping by -24.3% against the previous year. Over the period under review, the import price showed a slight reduction. The most prominent rate of growth was recorded in 2020 an increase of 150% against the previous year. Over the period under review, average import prices reached the peak figure at $571,030 per ton in 2021, and then dropped significantly in the following year.

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 United States ($894,308 per ton), while the price for China ($52,586 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+14.4%), 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 Norway (FOB) - 2022

The average export price for coin (other than gold coin), not being legal tender stood at $3,572,209 per ton in 2022, surging by 27% against the previous year. Over the period under review, the export price recorded a temperate expansion. The most prominent rate of growth was recorded in 2021 an increase of 362% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($3,568,654 per ton), while the average price for exports to the UK ($367,576 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 Guyana (+123.9%), 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 Norway

In 2022, imports of coin (other than gold coin), not being legal tender into Norway was estimated at 25 tons, surging by 3.6% on 2021. The total import volume increased at an average annual rate of +7.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 11%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of coin (other than gold coin), not being legal tender declined remarkably to $11M in 2022. In general, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 166%.

Import of Coin (Other than Gold Coin), Not Being Legal Tender in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia5642,5614,6162,37661.5%
United Kingdom20918714076654.2%
United States35.6161195465135.5%
Denmark23517410932311.2%
Australia4.3242355321321.1%
Belgium242161131138-17.1%
Germany76.515016556.7-9.5%
China45.235.431.025.5-17.4%
Bulgaria5.261.0N/AN/A1073.1%
Others1,7884,7867,8286,16851.1%
Total3,2068,51813,57110,64049.2%

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

  1. Estonia (3.4 tons)
  2. Belgium (2.3 tons)
  3. United Kingdom (1.8 tons)
  4. United States (0.5 tons)
  5. China (0.5 tons)
  6. Australia (0.4 tons)
  7. Denmark (0.4 tons)
  8. Germany (0.3 tons)

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

After two years of decline, shipments abroad of coin (other than gold coin), not being legal tender increased by 91% to 894 kg in 2022. Overall, exports, however, saw a abrupt decrease.

In value terms, exports of coin (other than gold coin), not being legal tender skyrocketed to $3.2M in 2022. Over the period under review, exports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 352% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Coin (Other than Gold Coin), Not Being Legal Tender in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States83.130.81521,059133.6%
Switzerland34.91.41.627899.7%
Denmark22321.60.9101-23.2%
FranceN/A5.810630.0127.4%
United Kingdom10.53.777.712.14.8%
Germany9.444.61461.4-47.0%
Others4131848361,71260.6%
Total7742921,3203,19460.4%

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

  1. United States (322.0 kg)
  2. Denmark (262.0 kg)
  3. Switzerland (78.0 kg)
  4. United Kingdom (33.0 kg)
  5. France (14.0 kg)
  6. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform

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