The import of non-monetary gold in semi-manufactured forms to the UK is projected to grow steadily from 2024 to 2028, with the value increasing from 40.441 billion USD in 2024 to 46.886 billion USD in 2028. The annual growth rate indicates a consistent upward trend with moderate year-on-year increases. A Compound Annual Growth Rate (CAGR) over these five years highlights this growth pattern.
Future trends to watch for:
- Potential impact of global economic conditions on gold demands.
- Technological advancements influencing gold processing and trade.
- Changes in trade policies or tariffs that could affect import dynamics.
- Shifts in investment trends impacting non-monetary gold demand.