Singapore - Coin - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Singapore - Coin - Market Analysis, Forecast, Size, Trends And Insights

Single report
Sent by email within 24h (Mon-Fri)
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Coin Price in Singapore - 2022

Contents:

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

Coin Price in Singapore (CIF) - 2022

In 2022, the average coin import price amounted to $457,946 per ton, which is down by -22.2% against the previous year. In general, the import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2020 when the average import price increased by 23% against the previous year. Over the period under review, average import prices hit record highs at $1,083,867 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 Austria ($895,677 per ton), while the price for Taiwan (Chinese) ($125,254 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+0.0%), while the prices for the other major suppliers experienced a decline.

Coin Price in Singapore (FOB) - 2022

In 2022, the average coin export price amounted to $474,957 per ton, with an increase of 44% against the previous year. Over the period under review, the export price showed a strong expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($703,151 per ton), while the average price for exports to New Zealand ($354,090 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 Belgium (+36.2%), while the prices for the other major destinations experienced more modest paces of growth.

Coin Imports in Singapore

In 2022, purchases abroad of coins decreased by -44.4% to 20 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports recorded a perceptible slump. The growth pace was the most rapid in 2020 when imports increased by 55%.

In value terms, coin imports shrank notably to $9.2M in 2022. In general, imports showed a abrupt slump. The growth pace was the most rapid in 2020 when imports increased by 92%. As a result, imports reached the peak of $25M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Coin in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa0.10.14.52.6196.2%
Australia0.82.32.22.342.2%
United Kingdom3.19.95.21.7-18.1%
Austria2.17.91.21.1-19.4%
United States1.91.72.50.5-35.9%
Canada4.72.14.90.3-60.0%
Taiwan (Chinese)N/AN/AN/A0.20%
Others0.40.80.80.57.7%
Total13.024.921.39.2-10.9%

Top Suppliers of Coin to Singapore in 2022:

  1. South Africa (5.8 tons)
  2. Australia (4.4 tons)
  3. United Kingdom (4.2 tons)
  4. Taiwan (Chinese) (1.6 tons)
  5. United States (1.3 tons)
  6. Austria (1.3 tons)
  7. Canada (0.8 tons)

Coin Exports in Singapore

In 2022, coin exports from Singapore shrank significantly to 30 tons, which is down by -17.8% against 2021. Overall, exports showed a abrupt descent. The pace of growth was the most pronounced in 2021 when exports increased by 2.7% against the previous year. As a result, the exports reached the peak of 37 tons, and then fell remarkably in the following year.

In value terms, coin exports soared to $14M in 2022. The total export value increased at an average annual rate of +8.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 22% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.

Export of Coin in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.40.82.23.83.8%
Estonia4.810.56.23.6-9.1%
Germany0.70.70.91.837.0%
Hong Kong SAR0.10.31.31.5146.6%
New Zealand0.10.20.20.791.3%
BelgiumN/AN/AN/A0.40%
Japan0.10.40.10.344.2%
United Arab Emirates0.9N/A0.2N/A-52.9%
Others1.00.60.92.128.1%
Total11.013.512.014.39.1%

Top Export Markets for Coin from Singapore in 2022:

  1. Estonia (9.8 tons)
  2. United States (5.8 tons)
  3. Germany (5.0 tons)
  4. Hong Kong SAR (3.9 tons)
  5. New Zealand (1.9 tons)
  6. Japan (0.8 tons)
  7. Belgium (0.6 tons)
  8. United Arab Emirates (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the coin market in Singapore. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.

Product coverage:

    Country coverage:

    • Singapore

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in Singapore
    • Export and import prices
    • Market trends, drivers and restraints
    • Key market players and their profiles

    Reasons to buy this report:

    • Take advantage of the latest data
    • Find deeper insights into current market developments
    • Discover vital success factors affecting the market

    This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

    In this report, you can find information that helps you to make informed decisions on the following issues:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. How to prepare your business for global expansion

    While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 5. MOST PROMISING SUPPLYING COUNTRIES

      Choosing the Best Countries to Establish Your Sustainable Supply Chain

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023
    Store
    Blog
    Event

    Nothing found. Please try again.


    Free Data: Coin - Singapore