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

Contents:

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

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

The average export price for coin (other than gold coin), not being legal tender stood at $61,869 per ton in 2022, shrinking by -52% against the previous year. Over the period under review, the export price faced a significant contraction. The growth pace was the most rapid in 2019 an increase of 110%. Over the period under review, the average export prices hit record highs at $1,267,519 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 France ($492,500 per ton), while the average price for exports to Timor-Leste ($4,386 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 France (-3.5%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for coin (other than gold coin), not being legal tender amounted to $620,824 per ton, reducing by -5.7% against the previous year. In general, the import price, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2014 an increase of 51,190% against the previous year. Over the period under review, average import prices attained the maximum at $856,583 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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 Germany ($601,000 per ton), while the price for Austria ($15,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+96.4%), 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 Vietnam

Exports of coin (other than gold coin), not being legal tender from Vietnam rose notably to 358 kg in 2022, with an increase of 8.5% against 2021. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 1,841% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of coin (other than gold coin), not being legal tender dropped sharply to $22K in 2022. In general, exports, however, continue to indicate a deep slump. The growth pace was the most rapid in 2021 with an increase of 1,005% against the previous year. As a result, the exports attained the peak of $42K, and then contracted significantly in the following year.

Export of Coin (Other than Gold Coin), Not Being Legal Tender in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States21.31.54.716.8-7.6%
France1.10.11.42.022.1%
China2.90.32.01.8-14.7%
Timor-LesteN/AN/AN/A1.00%
Indonesia0.1N/A0.1N/A0.0%
AustraliaN/A0.816.7N/A1987.5%
Others0.91.117.50.6-12.6%
Total26.23.842.522.1-5.5%

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

  1. Timor-Leste (233.0 kg)
  2. United States (104.0 kg)
  3. China (12.0 kg)
  4. France (4.0 kg)
  5. Indonesia (2.0 kg)

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of coin (other than gold coin), not being legal tender, when their volume decreased by -46.9% to 34 kg. Over the period under review, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 178% against the previous year. As a result, imports reached the peak of 64 kg, and then contracted notably in the following year.

In value terms, imports of coin (other than gold coin), not being legal tender shrank markedly to $21K in 2022. In general, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 398%.

Import of Coin (Other than Gold Coin), Not Being Legal Tender in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.66.218.08.977.2%
Singapore0.10.70.90.681.7%
Germany0.41.20.70.614.5%
Taiwan (Chinese)0.20.70.70.426.0%
United States0.10.50.60.344.2%
HungaryN/A0.20.30.1-29.3%
ThailandN/AN/AN/AN/A0%
AustriaN/AN/A0.1N/A0%
Others0.76.220.810.1143.4%
Total3.115.642.121.189.5%

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

  1. China (27.0 kg)
  2. Taiwan (Chinese) (1.0 kg)
  3. Singapore (1.0 kg)
  4. United States (1.0 kg)
  5. Austria (1.0 kg)
  6. Germany (1.0 kg)
  7. Hungary (1.0 kg)
  8. Thailand (1.0 kg)

Source: IndexBox Market Intelligence Platform

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