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

Contents:

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

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

The average import price for coin (other than gold coin), not being legal tender stood at $699,906 per ton in 2022, dropping by -10.2% against the previous year. Over the period under review, the import price showed a pronounced slump. The pace of growth appeared the most rapid in 2016 when the average import price increased by 129% against the previous year. As a result, import price attained the peak level of $1,664 per kg. From 2017 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 the UK ($27,171,000 per ton), while the price for Slovakia amounted to $644,500 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+37.2%), while the prices for the other major suppliers experienced a decline.

Price for Coin (Other than Gold Coin), Not Being Legal Tender in Sri Lanka (FOB) - 2022

The average export price for coin (other than gold coin), not being legal tender stood at $26,615 per ton in 2022, dropping by -35.1% against the previous year. Overall, the export price faced a deep contraction. The most prominent rate of growth was recorded in 2016 an increase of 168%. Over the period under review, the average export prices attained the maximum at $607,448 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Maldives.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +27.1% per year.

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

For the third year in a row, Sri Lanka recorded decline in purchases abroad of coin (other than gold coin), not being legal tender, which decreased by -44.3% to 424 kg in 2022. Over the period under review, imports continue to indicate a precipitous decline. The smallest decline of -18.3% was in 2021.

In value terms, imports of coin (other than gold coin), not being legal tender shrank sharply to $297K in 2022. Overall, imports faced a significant decrease. The smallest decline of -2.6% was in 2021.

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

1. Slovakia (416.0 kg)

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

Exports of coin (other than gold coin), not being legal tender from Sri Lanka dropped rapidly to 26 kg in 2022, which is down by -56.7% on 2021 figures. In general, exports saw a dramatic slump. The most prominent rate of growth was recorded in 2021 when exports increased by 36% against the previous year.

In value terms, exports of coin (other than gold coin), not being legal tender fell rapidly to $692 in 2022. Overall, exports recorded a sharp decline. The pace of growth was the most pronounced in 2021 when exports increased by 100%.

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

1. Maldives (25.0 kg)

Source: IndexBox Market Intelligence Platform