Price for Coin (Other than Gold Coin), Not Being Legal Tender in Panama - 2024
Contents:
- Price for Coin (Other than Gold Coin), Not Being Legal Tender in Panama (CIF) - 2022
- Price for Coin (Other than Gold Coin), Not Being Legal Tender in Panama (FOB) - 2022
- Imports of Coin (Other than Gold Coin), Not Being Legal Tender in Panama
- Exports of Coin (Other than Gold Coin), Not Being Legal Tender in Panama
Price for Coin (Other than Gold Coin), Not Being Legal Tender in Panama (CIF) - 2022
In 2022, the average import price for coin (other than gold coin), not being legal tender amounted to $1,071,505 per ton, jumping by 35% against the previous year. Over the period under review, the import price posted a remarkable increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 203% against the previous year. As a result, import price attained the peak level of $1,366,149 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
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 Canada ($1,515,615 per ton), while the price for Spain ($940,074 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+61.1%), 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 Panama (FOB) - 2022
In 2021, the average export price for coin (other than gold coin), not being legal tender amounted to $128,154 per ton, which is down by -95.7% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 1,078% against the previous year. As a result, the export price attained the peak level of $3,700 per kg. From 2020 to 2021, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($665,143 per ton), while the average price for exports to Costa Rica ($15,905 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+31.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Coin (Other than Gold Coin), Not Being Legal Tender in Panama
In 2022, approx. 659 kg of coin (other than gold coin), not being legal tender were imported into Panama; increasing by 119% against 2021 figures. Over the period under review, imports, however, showed a sharp downturn. The pace of growth was the most pronounced in 2021 when imports increased by 7,425%.
In value terms, imports of coin (other than gold coin), not being legal tender soared to $706K in 2022. In general, imports, however, continue to indicate a significant decline. The most prominent rate of growth was recorded in 2021 when imports increased by 20,841% against the previous year.
| Import of Coin (Other than Gold Coin), Not Being Legal Tender in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.0 | 0.1 | 101 | 221 | 504.6% |
| Canada | 5,734 | N/A | 13.8 | 59.1 | -78.2% |
| Netherlands | N/A | N/A | N/A | 32.5 | 0% |
| Spain | 1.1 | N/A | N/A | 25.4 | 184.8% |
| Germany | N/A | N/A | 0.7 | 8.5 | 1114.3% |
| Others | 5,740 | 1.0 | 123 | 360 | -60.3% |
| Total | 11,476 | 1.1 | 239 | 706 | -60.5% |
Top Suppliers of Coin (Other than Gold Coin), Not Being Legal Tender to Panama in 2022:
- United States (206.0 kg)
- Canada (39.0 kg)
- Netherlands (33.0 kg)
- Spain (27.0 kg)
- Germany (8.0 kg)
Exports of Coin (Other than Gold Coin), Not Being Legal Tender in Panama
In 2021, the amount of coin (other than gold coin), not being legal tender exported from Panama skyrocketed to 52 kg, jumping by 940% on the year before. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of coin (other than gold coin), not being legal tender reduced notably to $6.7K in 2021. In general, exports, however, faced a dramatic setback. The smallest decline of -42.5% was in 2020.
| Export of Coin (Other than Gold Coin), Not Being Legal Tender in Panama (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
| Germany | N/A | N/A | 4.7 | 0% |
| Nicaragua | N/A | N/A | 0.9 | 0% |
| Austria | N/A | N/A | 0.6 | 0% |
| Costa Rica | 0.3 | N/A | 0.3 | 0.0% |
| Peru | N/A | N/A | 0.1 | 0% |
| United States | N/A | 14.9 | N/A | 0% |
| Portugal | 0.3 | N/A | N/A | 0% |
| Others | 25.3 | N/A | N/A | 0% |
| Total | 25.9 | 14.9 | 6.7 | -49.1% |
Top Export Markets for Coin (Other than Gold Coin), Not Being Legal Tender from Panama in 2022:
- Nicaragua (21.0 kg)
- Costa Rica (21.0 kg)
- Germany (7.0 kg)
- Peru (2.0 kg)
- Austria (1.0 kg)
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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 global coin market.
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