Price for Coin (Other than Gold Coin), Not Being Legal Tender in the UK - 2024
Contents:
- Price for Coin (Other than Gold Coin), Not Being Legal Tender in the UK (FOB) - 2022
- Price for Coin (Other than Gold Coin), Not Being Legal Tender in the UK (CIF) - 2022
- Exports of Coin (Other than Gold Coin), Not Being Legal Tender in the UK
- Imports of Coin (Other than Gold Coin), Not Being Legal Tender in the UK
Price for Coin (Other than Gold Coin), Not Being Legal Tender in the UK (FOB) - 2022
The average export price for coin (other than gold coin), not being legal tender stood at $618,185 per ton in 2022, waning by -31.6% against the previous year. Over the period under review, the export price, however, showed a significant expansion. The most prominent rate of growth was recorded in 2013 an increase of 550% against the previous year. The export price peaked at $903,279 per ton in 2021, and then declined notably in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($1,637,333 per ton), while the average price for exports to Brunei Darussalam ($1,923 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 Kuwait (+55.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Coin (Other than Gold Coin), Not Being Legal Tender in the UK (CIF) - 2022
In 2022, the average import price for coin (other than gold coin), not being legal tender amounted to $352,568 per ton, waning by -5.3% against the previous year. In general, the import price, however, saw a significant increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 199%. The import price peaked at $464,502 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($621,518 per ton), while the price for Hong Kong SAR ($16,618 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Coin (Other than Gold Coin), Not Being Legal Tender in the UK
In 2022, exports of coin (other than gold coin), not being legal tender from the UK soared to 194 tons, jumping by 69% compared with 2021 figures. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +9.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of coin (other than gold coin), not being legal tender soared to $120M in 2022. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 142%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.
| Export of Coin (Other than Gold Coin), Not Being Legal Tender in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.3 | 10.0 | 31.0 | 44.4 | 82.5% |
| Australia | 0.9 | 1.4 | 2.0 | 2.5 | 40.6% |
| South Africa | N/A | 0.2 | 2.7 | 2.4 | 246.4% |
| Germany | 0.3 | 0.2 | 1.4 | 1.3 | 63.0% |
| Japan | 0.2 | 1.0 | 5.3 | 1.3 | 86.6% |
| France | N/A | N/A | 1.1 | 1.0 | -9.1% |
| Canada | 0.2 | 0.1 | 0.2 | 0.9 | 65.1% |
| Lithuania | 0.3 | 0.5 | 0.7 | 0.8 | 38.7% |
| Netherlands | 0.1 | 0.1 | 0.9 | 0.5 | 71.0% |
| Spain | N/A | N/A | 0.5 | 0.2 | -60.0% |
| Brunei Darussalam | N/A | N/A | N/A | 0.1 | 0% |
| Estonia | 0.7 | 1.2 | N/A | N/A | 71.4% |
| Others | 14.7 | 27.9 | 57.7 | 64.5 | 63.7% |
| Total | 24.8 | 42.8 | 104 | 120 | 69.1% |
Top Export Markets for Coin (Other than Gold Coin), Not Being Legal Tender from the UK in 2022:
- United States (72.3 tons)
- Brunei Darussalam (46.7 tons)
- Canada (14.7 tons)
- Australia (10.2 tons)
- Lithuania (8.1 tons)
- Germany (8.1 tons)
- Netherlands (6.5 tons)
- South Africa (5.8 tons)
- France (5.4 tons)
- Spain (2.8 tons)
- Japan (1.5 tons)
Imports of Coin (Other than Gold Coin), Not Being Legal Tender in the UK
Imports of coin (other than gold coin), not being legal tender into the UK fell remarkably to 53 tons in 2022, reducing by -79.9% compared with the previous year. In general, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 486%. As a result, imports attained the peak of 265 tons, and then shrank dramatically in the following year.
In value terms, imports of coin (other than gold coin), not being legal tender declined notably to $19M in 2022. Over the period under review, imports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 370% against the previous year. As a result, imports attained the peak of $99M, and then contracted markedly in the following year.
| Import of Coin (Other than Gold Coin), Not Being Legal Tender in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.5 | 3.3 | 5.8 | 2.4 | -1.4% |
| Germany | 2.7 | 4.0 | 4.2 | 1.8 | -12.6% |
| Belgium | N/A | N/A | 0.1 | 1.0 | 900.0% |
| China | 0.3 | 0.4 | 2.6 | 0.7 | 32.6% |
| Canada | 0.2 | 0.2 | 0.2 | 0.6 | 44.2% |
| Australia | 0.2 | 0.3 | 0.6 | 0.5 | 35.7% |
| Austria | N/A | 0.1 | N/A | 0.4 | 100.0% |
| South Africa | N/A | N/A | N/A | 0.2 | 0% |
| France | N/A | N/A | N/A | 0.2 | 0% |
| Netherlands | 0.6 | 1.7 | 0.1 | 0.1 | -45.0% |
| Italy | N/A | N/A | N/A | 0.1 | 0% |
| Spain | N/A | N/A | 26.7 | N/A | 0% |
| Haiti | N/A | N/A | 5.7 | N/A | 0% |
| Others | 7.6 | 11.0 | 52.7 | 10.6 | 11.7% |
| Total | 14.0 | 21.0 | 98.7 | 18.8 | 10.3% |
Top Suppliers of Coin (Other than Gold Coin), Not Being Legal Tender to the UK in 2022:
- Germany (15.4 tons)
- China (13.3 tons)
- United States (7.2 tons)
- Belgium (4.3 tons)
- Canada (2.3 tons)
- Italy (2.3 tons)
- France (1.6 tons)
- South Africa (0.9 tons)
- Austria (0.9 tons)
- Australia (0.9 tons)
- Netherlands (0.3 tons)
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This report provides an in-depth analysis of the coin market in the UK.
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This report provides an in-depth analysis of the global coin market.
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This report provides an in-depth analysis of the coin market in the UK.
436
This report provides an in-depth analysis of the global coin market.
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