Coin Price in New Zealand - 2023

Contents:

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

Coin Price in New Zealand (CIF) - 2022

In 2022, the average coin import price amounted to $871,053 per ton, with an increase of 7.7% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid 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 in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($945,957 per ton) and Singapore ($929,870 per ton), while the price for Germany ($690,000 per ton) and the UK ($705,857 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+26.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Coin Price in New Zealand (FOB) - 2022

The average coin export price stood at $173,738 per ton in 2022, with a decrease of -28.4% against the previous year. In general, the export price continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2015 when the average export price increased by 10% against the previous year. Over the period under review, the average export prices hit record highs at $457,679 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($372,000 per ton), while the average price for exports to Italy ($25,554 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 Ukraine (+55.0%), while the prices for the other major destinations experienced more modest paces of growth.

Coin Imports in New Zealand

In 2022, overseas purchases of coins decreased by -57.7% to 640 kg for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted a strong increase. The pace of growth appeared the most rapid in 2020 when imports increased by 166% against the previous year.

In value terms, coin imports contracted dramatically to $557K in 2022. Overall, imports, however, saw a significant increase. The growth pace was the most rapid in 2020 when imports increased by 227% against the previous year.

Top Suppliers of Coin to New Zealand in 2022:

1. Australia (382.0 kg)
2. China (141.0 kg)
3. United States (41.0 kg)
4. India (30.0 kg)
5. Singapore (23.0 kg)
6. United Kingdom (7.0 kg)

Coin Exports in New Zealand

In 2022, the amount of coins exported from New Zealand skyrocketed to 3.1 tons, rising by 38% compared with the previous year. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 259%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, coin exports contracted modestly to $540K in 2022. In general, exports showed a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 90%. As a result, the exports attained the peak of $545K, leveling off in the following year.

Top Export Markets for Coin from New Zealand in 2022:

1. Canada (1832.0 kg)
2. Italy (859.0 kg)
3. France (282.0 kg)
4. Germany (101.0 kg)

Source: IndexBox Market Intelligence Platform