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

Contents:

  1. Price for Coin (Other than Gold Coin), Not Being Legal Tender in Portugal (CIF) - 2024
  2. Price for Coin (Other than Gold Coin), Not Being Legal Tender in Portugal (FOB) - 2022
  3. Imports of Coin (Other than Gold Coin), Not Being Legal Tender in Portugal
  4. Exports of Coin (Other than Gold Coin), Not Being Legal Tender in Portugal

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

The average import price for coin (other than gold coin), not being legal tender stood at $425K per ton in February 2024, falling by -76.6% against the previous month. In general, the import price recorded a perceptible curtailment. The pace of growth appeared the most rapid in November 2023 when the average import price increased by 289% against the previous month. As a result, import price attained the peak level of $2,041 per kg. From December 2023 to February 2024, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was the UK ($1.7M per ton), while the price for Ukraine ($123K per ton) was amongst the lowest.

From March 2023 to February 2024, the most notable rate of growth in terms of prices was attained by the Netherlands (+189.1%), 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 Portugal (FOB) - 2022

The average export price for coin (other than gold coin), not being legal tender stood at $400,207 per ton in 2022, with an increase of 30% against the previous year. Over the period under review, the export price, however, recorded a deep setback. The pace of growth appeared the most rapid in 2016 when the average export price increased by 245% against the previous year. Over the period under review, the average export prices hit record highs at $1,213,516 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($850,000 per ton), while the average price for exports to Switzerland ($2,000 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 Germany (+3.2%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of coin (other than gold coin), not being legal tender into Portugal rose significantly to 651 kg, picking up by 6.4% compared with the year before. In general, imports, however, continue to indicate a sharp downturn. The most prominent rate of growth was recorded in 2021 with an increase of 30%.

In value terms, imports of coin (other than gold coin), not being legal tender skyrocketed to $392K in 2022. Overall, imports, however, continue to indicate a deep reduction.

Import of Coin (Other than Gold Coin), Not Being Legal Tender in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany250200136192-8.4%
United KingdomN/AN/A64.049.6-22.5%
NetherlandsN/AN/A10.330.3194.2%
LithuaniaN/AN/AN/A22.10%
United States11.229.620.621.023.3%
SpainN/AN/A37.415.1-59.6%
Canada0.60.80.610.4158.8%
Japan1.0N/AN/A7.898.3%
Brazil0.2N/A0.37.0227.1%
MaltaN/AN/AN/A3.90%
Switzerland41.421.33.93.1-57.9%
India3.5N/A0.20.9-36.4%
Others34123.78.328.6-56.2%
Total649275282392-15.5%

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

  1. Germany (174.0 kg)
  2. Netherlands (152.0 kg)
  3. Lithuania (53.0 kg)
  4. India (40.0 kg)
  5. Spain (34.0 kg)
  6. Canada (33.0 kg)
  7. Brazil (25.0 kg)
  8. United Kingdom (25.0 kg)
  9. Japan (24.0 kg)
  10. United States (23.0 kg)
  11. Malta (15.0 kg)
  12. Switzerland (4.0 kg)

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

In 2022, shipments abroad of coin (other than gold coin), not being legal tender was finally on the rise to reach 29 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a significant curtailment.

In value terms, exports of coin (other than gold coin), not being legal tender surged to $12K in 2022. Overall, exports, however, saw a sharp slump.

Export of Coin (Other than Gold Coin), Not Being Legal Tender in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JapanN/A0.60.65.9213.6%
United StatesN/AN/AN/A4.00%
Spain0.43.1N/A1.762.0%
SwitzerlandN/AN/AN/AN/A0%
Germany250204N/AN/A-18.4%
ItalyN/A1.8N/AN/A0%
Others2519.8N/AN/A-96.1%
Total5012190.611.6-71.5%

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

  1. Japan (19.0 kg)
  2. United States (7.0 kg)
  3. Spain (2.0 kg)
  4. Switzerland (1.0 kg)

Source: IndexBox Market Intelligence Platform

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