Coin Price in Hong Kong SAR - 2022
Contents:
- Coin Price in Hong Kong SAR (FOB) - 2022
- Coin Price in Hong Kong SAR (CIF) - 2022
- Coin Exports in Hong Kong SAR
- Coin Imports in Hong Kong SAR
Coin Price in Hong Kong SAR (FOB) - 2022
The average coin export price stood at $4,867,462 per ton in 2022, jumping by 555% against the previous year. Over the period under review, the export price showed significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2014 to 2022, the rate of growth in terms of prices for the United States amounted to +14.4% per year.
Coin Price in Hong Kong SAR (CIF) - 2022
In 2022, the average coin import price amounted to $1,060,365 per ton, reducing by -4.1% against the previous year. Over the period under review, the import price, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 115% against the previous year. The import price peaked at $1,105,199 per ton in 2021, and then declined modestly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($2,041,418 per ton), while the price for Germany ($409,295 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+44.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Coin Exports in Hong Kong SAR
In 2022, overseas shipments of coins decreased by -87.1% to 13 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports saw a dramatic contraction. The pace of growth was the most pronounced in 2021 with an increase of 106%. As a result, the exports reached the peak of 101 kg, and then dropped rapidly in the following year.
In value terms, coin exports shrank notably to $63K in 2022. Overall, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 580% against the previous year. As a result, the exports attained the peak of $75K, and then shrank dramatically in the following year.
| Export of Coin in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.1 | 0.1 | 1.7 | 63.3 | 758.6% |
| Belgium | N/A | 0.1 | 0.4 | N/A | 300.0% |
| Croatia | N/A | N/A | 3.4 | N/A | 0% |
| Austria | N/A | N/A | N/A | N/A | 0% |
| Australia | 0.2 | 0.2 | 0.4 | N/A | 41.4% |
| Others | 4.1 | 10.6 | 69.1 | N/A | 310.5% |
| Total | 4.4 | 11.1 | 75.1 | 63.3 | 143.2% |
Top Export Markets for Coin from Hong Kong SAR in 2022:
- United States (13.0 kg)
Coin Imports in Hong Kong SAR
In 2022, approx. 12 tons of coins were imported into Hong Kong SAR; which is down by -4.3% compared with the previous year. Overall, imports faced a abrupt decline.
In value terms, coin imports dropped to $13M in 2022. Over the period under review, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 102%.
| Import of Coin in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,659 | 7,350 | 7,580 | 8,184 | 70.2% |
| Singapore | 70.1 | 286 | 1,286 | 913 | 135.3% |
| United Kingdom | 404 | 949 | 408 | 519 | 8.7% |
| Thailand | 513 | 895 | 386 | 372 | -10.2% |
| Slovakia | 211 | 355 | 355 | 253 | 6.2% |
| Australia | 5.4 | 66.3 | 110 | 232 | 250.2% |
| Germany | 391 | 155 | 139 | 192 | -21.1% |
| Canada | 454 | 353 | 327 | 188 | -25.5% |
| France | 39.4 | 86.0 | 118 | 10.2 | -36.3% |
| Others | 2,219 | 1,567 | 3,708 | 2,378 | 2.3% |
| Total | 5,965 | 12,062 | 14,417 | 13,240 | 30.4% |
Top Suppliers of Coin to Hong Kong SAR in 2022:
- United States (7.2 tons)
- Singapore (0.7 tons)
- United Kingdom (0.6 tons)
- Germany (0.5 tons)
- Australia (0.3 tons)
- Canada (0.2 tons)
- Slovakia (0.2 tons)
- Thailand (0.2 tons)
- France (0.1 tons)
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This report provides an in-depth analysis of the global coin market.
399
This report provides an in-depth analysis of the global coin market.
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