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

Contents:

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

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

In 2022, the average import price for coin (other than gold coin), not being legal tender amounted to $390,991 per ton, falling by -32.2% against the previous year. In general, the import price continues to indicate a pronounced contraction. The pace of growth was the most pronounced in 2020 when the average import price increased by 795%. As a result, import price attained the peak level of $605,377 per ton. From 2021 to 2022, the average 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 Germany ($893,138 per ton), while the price for Belgium ($63,280 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+25.9%), 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 Spain (FOB) - 2022

The average export price for coin (other than gold coin), not being legal tender stood at $68,080 per ton in 2022, reducing by -55.6% against the previous year. In general, the export price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2016 when the average export price increased by 46%. As a result, the export price attained the peak level of $207,593 per ton. From 2017 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($153,739 per ton), while the average price for exports to Croatia ($7,539 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 the Netherlands (+28.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 12 tons of coin (other than gold coin), not being legal tender were imported into Spain; growing by 85% compared with 2021. In general, imports, however, recorded a significant contraction.

In value terms, imports of coin (other than gold coin), not being legal tender skyrocketed to $4.6M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +25.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +95.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 31%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Coin (Other than Gold Coin), Not Being Legal Tender in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2812,6972,6603,234125.8%
Belgium5.114.466.2189233.4%
United Kingdom1.30.195.7151387.9%
United States323151155125-27.1%
Netherlands0.22.61.084.0648.9%
Italy3.815.312.157.7147.6%
China9.013.959.951.478.7%
Austria10243.844749.8-21.3%
Others1,611130141620-27.3%
Total2,3363,0693,6384,56225.0%

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

  1. Germany (3.6 tons)
  2. Belgium (3.0 tons)
  3. United Kingdom (1.7 tons)
  4. Italy (0.8 tons)
  5. China (0.7 tons)
  6. United States (0.5 tons)
  7. Netherlands (0.4 tons)
  8. Austria (0.1 tons)

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

Exports of coin (other than gold coin), not being legal tender from Spain soared to 20 tons in 2022, picking up by 76% against the previous year. In general, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 370% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of coin (other than gold coin), not being legal tender reduced dramatically to $1.4M in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 357% against the previous year. As a result, the exports reached the peak of $1.7M, and then reduced sharply in the following year.

Export of Coin (Other than Gold Coin), Not Being Legal Tender in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AndorraN/A0.30.36104409.2%
United States22.813351614083.1%
Switzerland61.41131.170.74.8%
NetherlandsN/A13.422019.420.3%
FranceN/AN/A1.214.31091.7%
United KingdomN/A0.112413.71070.5%
RomaniaN/AN/A0.812.21425.0%
LithuaniaN/AN/A0.310.93533.3%
SloveniaN/AN/A1.59.9560.0%
CroatiaN/AN/A0.89.21050.0%
Argentina0.20.31476.0210.7%
SwedenN/AN/A1.94.5136.8%
GuatemalaN/A5.9402N/A6713.6%
Others4201143154351.2%
Total5043791,7311,35539.0%

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

  1. Andorra (9.2 tons)
  2. Switzerland (2.4 tons)
  3. Romania (1.2 tons)
  4. Croatia (1.2 tons)
  5. Lithuania (1.1 tons)
  6. Slovenia (1.0 tons)
  7. France (0.6 tons)
  8. Sweden (0.5 tons)
  9. United States (0.3 tons)
  10. Netherlands (0.3 tons)
  11. United Kingdom (0.1 tons)

Source: IndexBox Market Intelligence Platform

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