Russian Federation: Coin Game Market 2024

Coin Game Market Size in the Russian Federation

The Russian coin game market fell to $X in 2022, waning by -6.3% against the previous year. Overall, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Coin Game Production in the Russian Federation

In value terms, coin game production dropped to $X in 2022 estimated in export price. In general, production recorded a slight shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 80%. Coin game production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Coin Game Exports

Exports from the Russian Federation

After two years of growth, overseas shipments of games operated by coins, banknotes or discs decreased by -9.9% to X units in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 119% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, coin game exports dropped notably to $X in 2022. Overall, exports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 48%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Kazakhstan (X units) was the main destination for coin game exports from Russia, accounting for a 83% share of total exports. Moreover, coin game exports to Kazakhstan exceeded the volume sent to the second major destination, Latvia (X units), more than tenfold. Belarus (X units) ranked third in terms of total exports with a 2.1% share.

From 2012 to 2022, the average annual growth rate of volume to Kazakhstan amounted to +45.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (+9.4% per year) and Belarus (-8.2% per year).

In value terms, Latvia ($X), Kazakhstan ($X) and the United States ($X) constituted the largest markets for coin game exported from Russia worldwide, with a combined 80% share of total exports.

Kazakhstan, with a CAGR of +30.1%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average coin game export price stood at $X per unit in 2022, waning by -7% against the previous year. Over the period under review, the export price continues to indicate a abrupt descent. The growth pace was the most rapid in 2013 an increase of 42% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Kazakhstan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+7.7%), while the prices for the other major destinations experienced mixed trend patterns.

Coin Game Imports

Imports into the Russian Federation

Coin game imports into Russia fell dramatically to X units in 2022, waning by -45.1% against 2021. In general, imports saw a sharp reduction. The pace of growth was the most pronounced in 2021 when imports increased by 73%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, coin game imports contracted to $X in 2022. Over the period under review, imports saw a significant curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 143%. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

China (X units), Taiwan (Chinese) (X units) and the UK (X units) were the main suppliers of coin game imports to Russia, with a combined 80% share of total imports. Canada, Italy and Armenia lagged somewhat behind, together accounting for a further 19%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Armenia (with a CAGR of +95.7%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Taiwan (Chinese) ($X), the UK ($X) and Canada ($X) appeared to be the largest coin game suppliers to Russia, with a combined 83% share of total imports. China, Armenia and Italy lagged somewhat behind, together comprising a further 16%.

In terms of the main suppliers, Armenia, with a CAGR of +329.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average coin game import price stood at $X per unit in 2022, rising by 67% against the previous year. Overall, the import price saw a measured expansion. The pace of growth appeared the most rapid in 2015 an increase of 81%. The import price peaked at $X per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+30.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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