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

Contents:

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

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

In March 2024, the average import price for coin (other than gold coin), not being legal tender amounted to $617K per ton, which is down by -28.5% against the previous month. In general, the import price saw a mild decrease. The pace of growth was the most pronounced in February 2024 when the average import price increased by 96% against the previous month. As a result, import price attained the peak level of $863K per ton, and then reduced markedly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($1.5M per ton), while the price for China ($116K per ton) was amongst the lowest.

From May 2023 to March 2024, the most notable rate of growth in terms of prices was attained by the UK (+37.0%), 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 Switzerland (FOB) - 2024

In March 2024, the average export price for coin (other than gold coin), not being legal tender amounted to $1.6M per ton, with an increase of 42% against the previous month. Over the period under review, the export price posted a strong increase. The most prominent rate of growth was recorded in December 2023 an increase of 48% against the previous month. As a result, the export price attained the peak level of $1,986 per kg; afterwards, it flattened through to March 2024.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($13.4M per ton), while the average price for exports to the United States amounted to $1.4M per ton.

From May 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+42.9%), 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 Switzerland

In 2022, approx. 30 tons of coin (other than gold coin), not being legal tender were imported into Switzerland; which is down by -18.8% on 2021. Over the period under review, imports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 358% against the previous year.

In value terms, imports of coin (other than gold coin), not being legal tender shrank dramatically to $18M in 2022. Overall, imports recorded a significant curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 253% against the previous year.

Import of Coin (Other than Gold Coin), Not Being Legal Tender in Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria0.10.45.05.1270.8%
France0.51.82.41.026.0%
United StatesN/A0.92.40.8-5.7%
Germany0.70.33.70.6-5.0%
CanadaN/A0.31.10.529.1%
Belgium0.50.50.50.4-7.2%
Italy0.10.50.50.344.2%
Bulgaria19.4N/AN/AN/A0%
Others21.75.119.29.7-23.5%
Total42.99.934.818.5-24.4%

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

  1. Austria (6.4 tons)
  2. France (1.6 tons)
  3. Belgium (1.4 tons)
  4. Germany (1.3 tons)
  5. United States (1.1 tons)
  6. Italy (1.0 tons)
  7. Canada (0.6 tons)

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

In 2022, exports of coin (other than gold coin), not being legal tender from Switzerland soared to 1.2 tons, increasing by 72% on the previous year. Overall, exports showed a relatively flat trend pattern.

In value terms, exports of coin (other than gold coin), not being legal tender skyrocketed to $1.5M in 2022. In general, exports continue to indicate a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Coin (Other than Gold Coin), Not Being Legal Tender in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany32064.711148514.9%
France29.5N/A34.812260.5%
United States0.674.80.742.6314.1%
Japan30.616.839.130.60.0%
ItalyN/A95.782.321.0-53.2%
NetherlandsN/A15.33.65.2-41.7%
United Arab Emirates51.8N/AN/A3.0-61.3%
GreeceN/AN/AN/A2.50%
China24.11.3N/AN/A-94.6%
Austria82.019.260.8N/A-13.9%
Others60737059181610.4%
Total1,1456589231,52910.1%

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

  1. Germany (390.0 kg)
  2. United States (85.0 kg)
  3. France (43.0 kg)
  4. Italy (20.0 kg)
  5. Netherlands (19.0 kg)
  6. Greece (17.0 kg)
  7. Japan (10.0 kg)
  8. United Arab Emirates (2.0 kg)

Source: IndexBox Market Intelligence Platform

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