In 2023, Germany led the European export of gold unwrought or in powder form for non-monetary use, representing 37.86% of total exports by volume, followed by Ireland at 30.73%, and France at 9.81%. Notably, Cyprus experienced a substantial increase in export share, growing by 66.9% year-on-year. Conversely, significant declines were noted in Portugal, Spain, and Denmark, with a 100% decrease, indicating stagnation. The five-year CAGR reveals a steady growth in sectors with rising shares, highlighting an overall positive trend in export volumes throughout Europe.
Looking forward, monitoring demand in emerging markets and technological advancements in production could influence export patterns. Furthermore, geopolitical developments and sustainable mining practices are anticipated to play crucial roles in shaping the future landscape of gold exports from Europe.
Top countries in Export of Gold Unwrought or in Powder Form for Non-Monetary Use Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 37.86 | 2023 | +0.98% | +0.19% | View data |
| 2 | 2 Ireland | 30.73 | 2023 | +6.78% | +0.95% | View data |
| 3 | 3 France | 9.81 | 2023 | +0.89% | +0.71% | View data |
| 4 | 4 Sweden | 4.31 | 2023 | -0.39% | -0.32% | View data |
| 5 | 5 Austria | 3.4 | 2023 | +1.91% | -0.96% | View data |
| 6 | 6 Finland | 2.72 | 2023 | +4.61% | +6.16% | View data |
| 7 | 7 Cyprus | 2.41 | 2023 | +3.08% | +66.9% | View data |
| 8 | 8 Portugal | 1.13 | 2023 | -26.97% | View data | |
| 9 | 9 Czechia | 0.67 | 2023 | |||
| 10 | 10 Slovakia | 0.59 | 2023 | +2.61% | -0.13% | View data |