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

Contents:

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

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

The average import price for coin (other than gold coin), not being legal tender stood at $969,617 per ton in 2022, rising by 104% against the previous year. Over the period under review, the import price, however, recorded a mild downturn. The import price peaked at $1,083,754 per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 Australia ($1,094,026 per ton), while the price for China ($528,866 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+0.1%), while the prices for the other major suppliers experienced a decline.

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

The average export price for coin (other than gold coin), not being legal tender stood at $1,455,706 per ton in 2022, with an increase of 6% against the previous year. Overall, the export price enjoyed a pronounced increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 29% against the previous year. The export price peaked at $2,495,060 per ton in 2019; however, from 2020 to 2022, the 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 Estonia ($18,838,793 per ton), while the average price for exports to Germany ($825,225 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 Estonia (+38.1%), 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 States

In 2022, the amount of coin (other than gold coin), not being legal tender imported into the United States surged to 2.2K tons, picking up by 2,332% against 2021. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of coin (other than gold coin), not being legal tender surged to $2.2B in 2022. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Coin (Other than Gold Coin), Not Being Legal Tender in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia2.02.65.31,614831.0%
Austria0.40.50.8278785.8%
United Kingdom6.15.65.7153192.7%
Germany1.62.910.851.5218.1%
Others32.09.820.858.722.4%
Total42.221.443.52,156271.1%

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

  1. Australia (1475.4 tons)
  2. Austria (365.2 tons)
  3. United Kingdom (232.8 tons)
  4. Germany (68.7 tons)

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

In 2022, shipments abroad of coin (other than gold coin), not being legal tender decreased by -24.4% to 151 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 107%. As a result, the exports attained the peak of 200 tons, and then dropped sharply in the following year.

In value terms, exports of coin (other than gold coin), not being legal tender contracted markedly to $221M in 2022. Over the period under review, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 85% against the previous year. As a result, the exports attained the peak of $275M, and then declined dramatically in the following year.

Export of Coin (Other than Gold Coin), Not Being Legal Tender in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany34.165.515798.142.2%
United Kingdom14.016.137.947.249.9%
Hong Kong SAR1.57.87.813.3107.0%
Singapore0.36.49.57.3189.8%
Canada0.91.35.17.2100.0%
Australia1.13.05.95.672.0%
Estonia0.414.73.53.197.9%
Others67.434.248.938.7-16.9%
Total12014927522122.6%

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

  1. Germany (118.8 tons)
  2. Hong Kong SAR (8.1 tons)
  3. United Kingdom (7.0 tons)
  4. Canada (5.1 tons)
  5. Singapore (3.6 tons)
  6. Australia (3.5 tons)
  7. Estonia (0.2 tons)

Source: IndexBox Market Intelligence Platform

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