Coin Price in Bangladesh - 2022

Contents:

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

Coin Price in Bangladesh (CIF) - 2022

The average coin import price stood at $213,808 per ton in 2022, shrinking by -23.5% against the previous year. Over the period under review, the import price continues to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2016 an increase of 4.8%. The import price peaked at $454,639 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($319,852 per ton), while the price for Japan stood at $148,128 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+13.5%), while the prices for the other major suppliers experienced a decline.

Coin Price in Bangladesh (FOB) - 2022

In 2022, the average coin export price amounted to $38,000 per ton, falling by -59.4% against the previous year. Overall, the export price recorded a deep downturn. The growth pace was the most rapid in 2021 an increase of 303% against the previous year. The export price peaked at $122,000 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Portugal amounted to -7.1% per year.

Coin Imports in Bangladesh

In 2022, overseas purchases of coins decreased by -10.5% to 547 kg, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 153%. As a result, imports attained the peak of 2.1 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, coin imports fell notably to $117K in 2022. In general, imports saw a sharp decrease. The growth pace was the most rapid in 2020 with an increase of 100% against the previous year. As a result, imports reached the peak of $684K. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of Coin to Bangladesh in 2022:

1. Japan (335.0 kg)
2. Slovakia (210.0 kg)

Coin Exports in Bangladesh

In 2022, overseas shipments of coins decreased by -50% to 1 kg, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 400% against the previous year. As a result, the exports reached the peak of 5 kg. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, coin exports declined rapidly to $38 in 2022. Over the period under review, exports continue to indicate a noticeable descent. The growth pace was the most rapid in 2020 with an increase of 183%.

Top Export Markets for Coin from Bangladesh in 2022:

1. Portugal (1.0 kg)

Source: IndexBox Market Intelligence Platform