Price for Coin (Other than Gold Coin), Not Being Legal Tender in the United Arab Emirates - 2022

Contents:

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

Price for Coin (Other than Gold Coin), Not Being Legal Tender in the United Arab Emirates (CIF) - 2022

The average import price for coin (other than gold coin), not being legal tender stood at $1,030,639 per ton in 2022, increasing by 67% against the previous year. Overall, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for coin (other than gold coin), not being legal tender increased by +95.1% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 South Africa ($4,412,805 per ton), while the price for Singapore ($102,716 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+9.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Coin (Other than Gold Coin), Not Being Legal Tender in the United Arab Emirates (FOB) - 2022

The average export price for coin (other than gold coin), not being legal tender stood at $1,227,954 per ton in 2022, surging by 124% against the previous year. Over the period under review, the export price recorded a significant expansion. The most prominent rate of growth was recorded in 2020 an increase of 447%. As a result, the export price reached the peak level of $3,974 per kg. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($1,946,250 per ton), while the average price for exports to Germany ($620,625 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 Czech Republic (+141.1%), 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 the United Arab Emirates

Imports of coin (other than gold coin), not being legal tender into the United Arab Emirates soared to 14 tons in 2022, increasing by 128% against 2021 figures. In general, imports posted a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 230%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of coin (other than gold coin), not being legal tender skyrocketed to $14M in 2022. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 285% against the previous year. 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 the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South AfricaN/AN/AN/A10.30%
Finland0.4N/A0.13.3102.1%
India0.40.80.40.40.0%
Chile1.40.2N/AN/A-85.7%
United States0.1N/A2.9N/A438.5%
Singapore0.6N/A0.2N/A-42.3%
Others0.4N/A0.10.1-37.0%
Total3.21.03.714.163.9%

Top Suppliers of Coin (Other than Gold Coin), Not Being Legal Tender to the United Arab Emirates in 2022:

  1. Finland (9.1 tons)
  2. South Africa (2.3 tons)
  3. India (1.5 tons)
  4. Singapore (0.4 tons)

Exports of Coin (Other than Gold Coin), Not Being Legal Tender in the United Arab Emirates

Exports of coin (other than gold coin), not being legal tender from the United Arab Emirates declined to 323 kg in 2022, reducing by -5.3% against the year before. Overall, exports showed a deep downturn. The pace of growth was the most pronounced in 2021 when exports increased by 1,000%.

In value terms, exports of coin (other than gold coin), not being legal tender surged to $397K in 2022. Over the period under review, exports, however, recorded strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Coin (Other than Gold Coin), Not Being Legal Tender in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/A2.31727378.3%
Singapore2.615.654.2152288.1%
AustraliaN/AN/A6.138.2526.2%
FranceN/AN/A20.615.6-24.3%
Czech RepublicN/A0.2N/A5.8438.5%
Germany5.311.49.25.0-1.9%
Oman2870.228.03.2-77.7%
ChinaN/AN/A10.3N/A0%
United Kingdom6.1N/A47.9N/A180.2%
Others8.695.78.54.9-17.1%
Total3091231873978.7%

Top Export Markets for Coin (Other than Gold Coin), Not Being Legal Tender from the United Arab Emirates in 2022:

  1. Singapore (144.0 kg)
  2. United States (92.0 kg)
  3. Australia (47.0 kg)
  4. Czech Republic (8.0 kg)
  5. France (8.0 kg)
  6. Germany (8.0 kg)
  7. Oman (3.0 kg)

Source: IndexBox Market Intelligence Platform

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