Coin Price in Russia - 2022

Contents:

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

Coin Price in Russia (FOB) - 2022

In 2022, the average coin export price amounted to $7,553 per ton, rising by 2.2% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2018 an increase of 4.1% against the previous year. The export price peaked at $44,630 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($62,811 per ton), while the average price for exports to Thailand amounted to $7,544 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+68.4%), while the prices for the other major destinations experienced more modest paces of growth.

Coin Price in Russia (CIF) - 2022

The average coin import price stood at $288,167 per ton in 2021, picking up by 6% against the previous year. Over the period under review, the import price showed a remarkable increase. The pace of growth appeared the most rapid in 2020 an increase of 358% against the previous year. The import price peaked in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($522,062 per ton), while the price for the UK ($65,678 per ton) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+146.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Coin Exports in Russia

In 2022, shipments abroad of coins decreased by -1.4% to 964 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 217%.

In value terms, coin exports reached $7.3M in 2022. In general, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 204% against the previous year. As a result, the exports reached the peak of $7.3M; afterwards, it flattened through to 2022.

Top Export Markets for Coin from Russia in 2022:

1. Thailand (964.3 tons)
2. Belarus (0.1 tons)

Coin Imports in Russia

In 2021, approx. 16 tons of coins were imported into Russia; surging by 13% against 2020. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 25,309% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the near future.

In value terms, coin imports skyrocketed to $4.6M in 2021. In general, imports posted a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 116,320%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

Top Suppliers of Coin to Russia in 2022:

1. Lithuania (3.7 tons)
2. Switzerland (3.6 tons)
3. Germany (2.5 tons)
4. China (2.1 tons)
5. Poland (1.8 tons)
6. United Kingdom (1.3 tons)
7. United States (0.3 tons)
8. Australia (0.1 tons)

Source: IndexBox Market Intelligence Platform