In 2023, China led the global import of gold compounds, followed by Singapore and France. These top importers displayed modest year-on-year growth, with China at 0.59% and Singapore at 0.2%. Key growth regions included Eastern Europe, where the Czech Republic showed a 2.71% increase, and Portugal saw a notable surge of 10.27%. Conversely, substantial declines occurred in nations like Japan and the United States, with decreases of 54.02% and 5.63%, respectively. Over a longer period, notable annual growth in imports was observed in countries such as Estonia, Oman, and Namibia, reflecting more robust market dynamics.
Future trends to watch include:
- Potential stabilization in markets with recent declines, like Japan and the United States, as they adjust to economic and policy shifts.
- Growth in emerging markets in Eastern Europe and Southeast Asia, driven by increasing industrial applications for gold compounds.
- Monitoring geopolitical influences and their impacts on trade flows and economic policies affecting gold imports.
Top countries in Import of Gold Compounds by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 159,190,000 | 2023 | +1.56% | +0.59% | View data |
| 2 | 2 Singapore | 154,770,000 | 2023 | -0.2% | +0.2% | View data |
| 3 | 3 France | 143,470,000 | 2023 | +0.96% | +1.44% | View data |
| 4 | 4 Thailand | 100,230,000 | 2023 | +3.65% | +3.51% | View data |
| 5 | 5 Switzerland | 62,600,000 | 2023 | +4.55% | -3.96% | View data |
| 6 | 6 Spain | 47,038,000 | 2023 | +2.15% | +4.08% | View data |
| 7 | 7 South Korea | 35,611,000 | 2023 | +3.81% | +5.58% | View data |
| 8 | 8 Malaysia | 31,888,000 | 2023 | +3.63% | +2.14% | View data |
| 9 | 9 Mexico | 31,362,000 | 2023 | +3.99% | +4.23% | View data |
| 10 | 10 United Kingdom | 27,837,000 | 2023 | +1.38% | +0.27% | View data |
