The European import of gold, in various forms, experienced diverse trends across countries. The United Kingdom was a major importer, with a significant 18.87% increase in 2023, reflecting robust demand and market activity. However, Germany saw a notable decline of 25.89%, indicating reduced import activities or shifting market dynamics. Smaller markets like France and Spain showed minor growth, while countries such as Belgium and Italy experienced contractions. The CAGR over the last five years showcases marginal annual declines for most countries, emphasizing a generally stable but slightly contracting market.
Future trends to watch include potential shifts in economic policies, technological advancements in mining and processing, and globalization effects on gold trade routes. These factors could redefine dynamics, particularly if new markets emerge or existing ones consolidate. Additionally, geopolitical tensions and currency fluctuations may influence gold import strategies and volumes across Europe.
Top countries in Import of Gold, Unwrought or in Semi-Manufactured Forms, or in Powder Form by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 1,492,500 | 2023 | +3.47% | +18.87% | View data |
| 2 | 2 Belgium | 118,530 | 2023 | -0.41% | -18.5% | View data |
| 3 | 3 France | 65,390 | 2023 | +4.66% | +0.87% | View data |
| 4 | 4 Italy | 59,550 | 2023 | -3.96% | -17.89% | View data |
| 5 | 5 Spain | 49,250 | 2023 | +7.83% | +5.21% | View data |
| 6 | 6 Ireland | 43,190 | 2023 | +5.73% | -12.12% | View data |
| 7 | 7 Germany | 23,860 | 2023 | -18.34% | -25.89% | View data |
| 8 | 8 Denmark | 18,810 | 2023 | +8.3% | +0.66% | View data |
| 9 | 9 Austria | 16,030 | 2023 | -13.35% | -18.55% | View data |
| 10 | 10 Czechia | 3,410 | 2023 |
