In 2023, Italy led the global export of gold silversmith wares of base metal clad with precious metals, although it experienced a slight decline. France and Israel followed, with Israel showing a notable increase. Switzerland saw a significant year-on-year bounce, while Malaysia faced a decline. Notably, Moldova had a dramatic rise, although from a low base. Conversely, the United States experienced a substantial decrease.
Future trends to watch include potential recovery in regions experiencing downturns like Southeast Asia, strategic geopolitical shifts influencing precious metals trade, and technological advancements that may drive innovations, potentially altering the competitive landscape and export values. Monitoring consumer demand shifts for luxury goods is crucial.
Top countries in Export of Gold Silversmith Wares of Base Metal Clad with Precious Metal Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 45.68 | 2023 | +1.38% | -1.18% | View data |
| 2 | 2 France | 19.72 | 2023 | +0.18% | +0.78% | View data |
| 3 | 3 Israel | 10.63 | 2023 | +2.5% | +3.71% | View data |
| 4 | 4 United Kingdom | 6.13 | 2023 | -0.99% | +0.098% | View data |
| 5 | 5 Switzerland | 3.83 | 2023 | +6.12% | +44.04% | View data |
| 6 | 6 Spain | 3.59 | 2023 | -2.19% | -4.87% | View data |
| 7 | 7 Malaysia | 2.38 | 2023 | -1.23% | -8.4% | View data |
| 8 | 8 Thailand | 2.28 | 2023 | +2.72% | +2.63% | View data |
| 9 | 9 South Korea | 1.66 | 2023 | +6.24% | +1.63% | View data |
| 10 | 10 Germany | 1.18 | 2023 | -3.67% | -2.12% | View data |
