The global export market for base metals clad with silver displayed notable variances among key countries during 2023. Germany led with a modest growth of 1.53%, while the United States experienced a slight decline of 0.72%. Asia had mixed results; Japan marked a marginal growth of 0.053%, while South Korea surged by 7.92%. European countries showed diverse trends, with Italy and Portugal increasing by 5.51% and 5.64% respectively, whereas the United Kingdom saw a significant contraction of 19.82%. Canada and Greece saw remarkable growth at 67.17% and 63.44% respectively.
Future trends to watch include:
- Growth potential in Asian markets, specifically China and South Korea.
- The uncertain trajectory for European exporters given geopolitical and economic instabilities.
- The impact of technological advancements on production and refining processes.
Top countries in Export of Base Metals Clad with Silver by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 43,467,000 | 2023 | +2.33% | +1.53% | View data |
| 2 | 2 United States | 28,273,000 | 2023 | -0.59% | -0.72% | View data |
| 3 | 3 Japan | 19,120,000 | 2023 | +0.59% | +0.053% | View data |
| 4 | 4 France | 8,710,200 | 2023 | +3.95% | +3.34% | View data |
| 5 | 5 Italy | 7,150,400 | 2023 | +5.32% | +5.51% | View data |
| 6 | 6 China | 4,103,400 | 2023 | +4.24% | +2.77% | View data |
| 7 | 7 South Korea | 3,563,200 | 2023 | +1.75% | +7.92% | View data |
| 8 | 8 Portugal | 1,050,200 | 2023 | -5.36% | +5.64% | View data |
| 9 | 9 Canada | 604,080 | 2023 | +4.8% | +67.17% | View data |
| 10 | 10 Switzerland | 294,070 | 2023 | -1.28% | +0.28% | View data |