Price for Coin (Other than Gold Coin), Not Being Legal Tender in South Korea - 2022
Contents:
- Price for Coin (Other than Gold Coin), Not Being Legal Tender in South Korea (CIF) - 2022
- Price for Coin (Other than Gold Coin), Not Being Legal Tender in South Korea (FOB) - 2022
- Imports of Coin (Other than Gold Coin), Not Being Legal Tender in South Korea
- Exports of Coin (Other than Gold Coin), Not Being Legal Tender in South Korea
Price for Coin (Other than Gold Coin), Not Being Legal Tender in South Korea (CIF) - 2022
The average import price for coin (other than gold coin), not being legal tender stood at $452,543 per ton in 2022, surging by 45% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 54%. Over the period under review, average import prices attained the peak figure at $748,080 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($3,919,258 per ton), while the price for Vietnam ($5,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+31.0%), 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 South Korea (FOB) - 2022
The average export price for coin (other than gold coin), not being legal tender stood at $57,710 per ton in 2022, dropping by -40.8% against the previous year. Overall, the export price saw a mild decline. The most prominent rate of growth was recorded in 2019 an increase of 114% against the previous year. As a result, the export price reached the peak level of $213,464 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($67,610 per ton), while the average price for exports to Taiwan (Chinese) stood at $49,980 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+1.7%).
Imports of Coin (Other than Gold Coin), Not Being Legal Tender in South Korea
In 2022, overseas purchases of coin (other than gold coin), not being legal tender decreased by -61.1% to 1.7 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a precipitous decrease. The pace of growth was the most pronounced in 2020 with an increase of 96% against the previous year. As a result, imports reached the peak of 9.9 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of coin (other than gold coin), not being legal tender dropped notably to $756K in 2022. In general, imports saw a dramatic descent. The pace of growth was the most pronounced in 2020 with an increase of 10%. As a result, imports reached the peak of $2M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Coin (Other than Gold Coin), Not Being Legal Tender in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 639 | 596 | 331 | 121 | -42.6% |
| Canada | 0.3 | 0.1 | 2.4 | 69.1 | 513.0% |
| United Kingdom | 11.1 | 24.6 | 72.4 | 25.9 | 32.6% |
| China | 18.7 | 86.4 | 64.7 | 24.7 | 9.7% |
| Japan | 66.6 | 59.3 | 47.9 | 22.1 | -30.8% |
| Philippines | 10.5 | 9.9 | 7.2 | 7.2 | -11.8% |
| Thailand | 20.7 | 15.5 | 9.1 | 7.2 | -29.7% |
| Slovakia | 39.1 | 32.2 | 20.5 | 6.7 | -44.5% |
| Others | 1,010 | 1,180 | 781 | 472 | -22.4% |
| Total | 1,816 | 2,004 | 1,336 | 756 | -25.3% |
Top Suppliers of Coin (Other than Gold Coin), Not Being Legal Tender to South Korea in 2022:
- China (820.0 kg)
- Canada (87.0 kg)
- Japan (87.0 kg)
- United Kingdom (47.0 kg)
- Thailand (35.0 kg)
- Philippines (32.0 kg)
- Slovakia (32.0 kg)
- United States (31.0 kg)
Exports of Coin (Other than Gold Coin), Not Being Legal Tender in South Korea
After two years of decline, overseas shipments of coin (other than gold coin), not being legal tender increased by 176% to 4.8 tons in 2022. In general, exports, however, continue to indicate a sharp setback.
In value terms, exports of coin (other than gold coin), not being legal tender skyrocketed to $277K in 2022. Over the period under review, exports, however, saw a precipitous curtailment.
| Export of Coin (Other than Gold Coin), Not Being Legal Tender in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 5,878 | 487 | 162 | 205 | -67.3% |
| Slovakia | 169 | 22.8 | 2.7 | 42.3 | -37.0% |
| United States | 2,574 | 5.1 | 0.7 | 3.1 | -89.4% |
| Others | 3,206 | 24.7 | 3.9 | 26.7 | -79.7% |
| Total | 11,827 | 539 | 169 | 277 | -71.4% |
Top Export Markets for Coin (Other than Gold Coin), Not Being Legal Tender from South Korea in 2022:
- Taiwan (Chinese) (4.1 tons)
- Slovakia (0.6 tons)
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This report provides an in-depth analysis of the global coin market.
436
This report provides an in-depth analysis of the global coin market.
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