Coin Price in Uruguay - 2021

Contents:

  1. Coin Price in Uruguay (CIF) - 2021
  2. Coin Price in Uruguay (FOB) - 2022
  3. Coin Imports in Uruguay
  4. Coin Exports in Uruguay

Coin Price in Uruguay (CIF) - 2021

In October 2020, the average coin import price amounted to $3,844 per ton, remaining relatively unchanged against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level of $3,857 per ton, leveling off in the following month.

As there is only one major supplying country, the average price level is determined by prices for Slovakia.

From September 2020 to October 2020, the rate of growth in terms of prices for Slovakia amounted to -0.3% per month.

Coin Price in Uruguay (FOB) - 2022

In 2022, the average coin export price amounted to $539,529 per ton, falling by -15.3% against the previous year. Over the period under review, the export price, however, showed significant growth. The growth pace was the most rapid in 2015 an increase of 142% against the previous year. The export price peaked at $637,167 per ton in 2021, and then declined markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($595,231 per ton), while the average price for exports to the Netherlands ($15,000 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 Canada (+77.2%), while the prices for the other major destinations experienced more modest paces of growth.

Coin Imports in Uruguay

In 2022, approx. 121 tons of coins were imported into Uruguay; picking up by 42% on the year before. In general, imports, however, faced a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 64%.

In value terms, coin imports contracted rapidly to $467K in 2022. Overall, imports, however, recorded a sharp setback. The pace of growth was the most pronounced in 2021 when imports increased by 47%.

Import of Coin in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia1,634445342425-36.2%
France11644.161.6N/A-27.1%
United Kingdom10399.9763N/A172.2%
Others1,63545236742.2-70.4%
Total3,4881,0411,534467-48.8%

Top Suppliers of Coin to Uruguay in 2022:

  1. Slovakia (119.5 tons)

Coin Exports in Uruguay

Coin exports from Uruguay skyrocketed to 17 kg in 2022, with an increase of 42% on the previous year. Overall, exports posted a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 188% against the previous year. As a result, the exports attained the peak of 23 kg. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, coin exports surged to $9.2K in 2022. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 282% against the previous year. As a result, the exports attained the peak of $11K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Coin in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland2.63.97.37.743.6%
CanadaN/A0.2N/A1.1134.5%
Germany0.10.50.30.458.7%
SingaporeN/A2.5N/AN/A0%
NetherlandsN/AN/AN/AN/A0%
Others0.13.7N/AN/A3600.0%
Total2.810.77.69.248.7%

Top Export Markets for Coin from Uruguay in 2022:

  1. Poland (13.0 kg)
  2. Canada (2.0 kg)
  3. Netherlands (1.0 kg)
  4. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform

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