Coin Price in Serbia - 2023

Contents:

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

Coin Price in Serbia (FOB) - 2022

In 2022, the average coin export price amounted to $56,071 per ton, increasing by 16% against the previous year. Overall, the export price, however, saw a deep contraction. Over the period under review, the average export prices hit record highs at $90,670 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

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

From 2018 to 2022, the rate of growth in terms of prices for Germany amounted to +4.2% per year.

Coin Price in Serbia (CIF) - 2022

The average coin import price stood at $26,794 per ton in 2022, reducing by -69.7% against the previous year. In general, the import price faced a dramatic downturn. The pace of growth was the most pronounced in 2021 when the average import price increased by 107% against the previous year. Over the period under review, average import prices hit record highs at $213,500 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($27,473 per ton), while the price for China ($20,046 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+91.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Coin Exports in Serbia

Coin exports from Serbia contracted significantly to 480 kg in 2022, with a decrease of -20.9% compared with the previous year's figure. Over the period under review, exports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 13% against the previous year.

In value terms, coin exports fell to $27K in 2022. In general, exports saw a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 17% against the previous year.

Top Export Markets for Coin from Serbia in 2022:

1. United States (480.0 kg)

Coin Imports in Serbia

Coin imports into Serbia surged to 744 kg in 2022, growing by 153% on the previous year. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, coin imports declined rapidly to $20K in 2022. In general, imports saw a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 213% against the previous year. As a result, imports attained the peak of $26K, and then shrank dramatically in the following year.

Top Suppliers of Coin to Serbia in 2022:

1. Austria (341.0 kg)
2. Belgium (338.0 kg)
3. China (65.0 kg)

Source: IndexBox Market Intelligence Platform