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

Contents:

  1. Price for Coin (Other than Gold Coin), Not Being Legal Tender in Saudi Arabia (CIF) - 2022
  2. Imports of Coin (Other than Gold Coin), Not Being Legal Tender in Saudi Arabia

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

The average import price for coin (other than gold coin), not being legal tender stood at $662,407 per ton in 2021, waning by -57.8% against the previous year. Overall, the import price saw a dramatic curtailment. Over the period under review, average import prices attained the maximum at $1,570,440 per ton in 2020, and then declined sharply in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Egypt ($2,973,422 per ton), while the price for the United States ($270,573 per ton) was amongst the lowest.

From 2020 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-72.6%).

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

In 2021, approx. 150 kg of coin (other than gold coin), not being legal tender were imported into Saudi Arabia; jumping by 500% on the previous year. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of coin (other than gold coin), not being legal tender surged to $99K in 2021. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Coin (Other than Gold Coin), Not Being Legal Tender in Saudi Arabia (Thousand USD)
COUNTRY20202021CAGR,
2020-2021
United States8.910.012.4%
EgyptN/A8.90%
GermanyN/A8.50%
IraqN/A5.20%
New ZealandN/A1.90%
AustraliaN/A1.60%
United Kingdom10.80.4-96.3%
Others19.662.8220.4%
Total39.399.4152.9%

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

  1. United States (37.0 kg)
  2. Germany (12.0 kg)
  3. Iraq (8.0 kg)
  4. Egypt (3.0 kg)
  5. Australia (2.0 kg)
  6. New Zealand (2.0 kg)
  7. United Kingdom (1.0 kg)

Source: IndexBox Market Intelligence Platform

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