Coin Price in Guatemala - 2023

Contents:

1. Coin Price in Guatemala (CIF) - 2022
2. Coin Price in Guatemala (FOB) - 2022
3. Coin Imports in Guatemala
4. Coin Exports in Guatemala

Coin Price in Guatemala (CIF) - 2022

In 2022, the average coin import price amounted to $110,688 per ton, declining by -57.7% against the previous year. Overall, the import price, however, showed a moderate increase. The pace of growth appeared the most rapid in 2020 an increase of 115% against the previous year. Over the period under review, average import prices attained the peak figure at $261,920 per ton in 2021, and then fell sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,550,000 per ton), while the price for Malaysia ($34,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+108.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Coin Price in Guatemala (FOB) - 2022

The average coin export price stood at $40,839 per ton in 2022, reducing by -90.1% against the previous year. In general, the export price showed a precipitous descent. The pace of growth appeared the most rapid in 2019 when the average export price increased by 7,571%. Over the period under review, the average export prices hit record highs at $413,625 per ton in 2021, and then plummeted in the following year.

As there is only one major export destination, the average price level is determined by prices for Honduras.

From 2012 to 2022, the rate of growth in terms of prices for Honduras amounted to +244.4% per year.

Coin Imports in Guatemala

In 2022, coin imports into Guatemala shrank dramatically to 32 kg, falling by -98% against the previous year. Overall, imports recorded a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 2,691% against the previous year. As a result, imports reached the peak of 1.6 tons, and then shrank markedly in the following year.

In value terms, coin imports fell remarkably to $3.5K in 2022. Over the period under review, imports saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 4,276%. As a result, imports attained the peak of $424K, and then shrank remarkably in the following year.

Top Suppliers of Coin to Guatemala in 2022:

1. Spain (24.0 kg)
2. China (5.0 kg)
3. United States (1.0 kg)
4. Malaysia (1.0 kg)
5. Germany (1.0 kg)

Coin Exports in Guatemala

In 2022, the amount of coins exported from Guatemala skyrocketed to 31 kg, picking up by 94% compared with the previous year. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 700% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, coin exports contracted markedly to $1.3K in 2022. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 1,170%. As a result, the exports attained the peak of $6.6K, and then dropped dramatically in the following year.

Top Export Markets for Coin from Guatemala in 2022:

1. Honduras (31.0 kg)

Source: IndexBox Market Intelligence Platform