Price for Coin (Other than Gold Coin), Not Being Legal Tender in Pakistan - 2023

Contents:

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

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

The average import price for coin (other than gold coin), not being legal tender stood at $174,833 per ton in 2022, reducing by -12.9% against the previous year. Over the period under review, the import price saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 an increase of 660%. The import price peaked at $609,167 per ton in 2017; however, from 2018 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 China ($455,000 per ton), while the price for the United Arab Emirates ($20,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+269.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for coin (other than gold coin), not being legal tender amounted to $23,500 per ton, shrinking by -42.7% against the previous year. Overall, the export price continues to indicate a sharp slump. The most prominent rate of growth was recorded in 2017 when the average export price increased by 3,174%. Over the period under review, the average export prices reached the peak figure at $863,167 per ton in 2012; however, from 2013 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 Chile ($63,000 per ton), while the average price for exports to Canada ($6,000 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 Canada (-13.6%), while the prices for the other major destinations experienced a decline.

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

In 2022, overseas purchases of coin (other than gold coin), not being legal tender were finally on the rise to reach 6 kg after two years of decline. In general, imports, however, faced a sharp shrinkage.

In value terms, imports of coin (other than gold coin), not being legal tender soared to $1K in 2022. Overall, imports, however, saw a precipitous contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 508%.

Import of Coin (Other than Gold Coin), Not Being Legal Tender in Pakistan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4,33997.0455455-52.8%
Hong Kong SAR53420.0156261-21.2%
GermanyN/AN/AN/A1190%
Hungary1435.040.056.0-26.8%
United Arab Emirates1358.076.020.0-47.1%
Others4,4752.076.0138-68.6%
Total9,6261328031,049-52.2%

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

  1. United Arab Emirates (1.0 kg)
  2. Hungary (1.0 kg)
  3. Germany (1.0 kg)
  4. China (1.0 kg)
  5. Hong Kong SAR (1.0 kg)

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

For the third consecutive year, Pakistan recorded decline in overseas shipments of coin (other than gold coin), not being legal tender, which decreased by -55.6% to 4 kg in 2022. Overall, exports recorded a significant decrease. The smallest decline of -35.7% was in 2021.

In value terms, exports of coin (other than gold coin), not being legal tender dropped sharply to $94 in 2022. In general, exports continue to indicate a sharp curtailment. The smallest decline of -1.9% was in 2021.

Export of Coin (Other than Gold Coin), Not Being Legal Tender in Pakistan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChileN/AN/AN/A63.00%
Germany10,58241.028.018.0-88.1%
Thailand15216.011.07.0-64.2%
Canada65.030.013.06.0-54.8%
FranceN/A254N/AN/A0%
PeruN/AN/A266N/A0%
OthersN/A35.051.0N/A45.7%
Total10,79937636994.0-79.4%

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

  1. Canada (1.0 kg)
  2. Thailand (1.0 kg)
  3. Germany (1.0 kg)
  4. Chile (1.0 kg)

Source: IndexBox Market Intelligence Platform

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