In 2023, Belgium led European imports of non-monetary gold unwrought or in powder form with a significant volume of 473.81 thousand kilograms, followed by Germany at 82.5 thousand kilograms. Other key importers included Italy and France, though Italy saw a notable year-on-year decline of 7.64%. Austria experienced the most significant reduction at 12.5%, while Denmark and Estonia showed slight increases. Over the last two years, imports showed varied trends across countries, with fluctuations adding dynamism to the overall market. The five-year CAGR analysis indicates mixed growth, reflecting economic conditions and policy impacts.
Future trends to watch include:
- Potential shifts in import dynamics driven by changes in trade policies or economic conditions.
- Increased emphasis on supply chain sustainability and transparency.
- Technological advancements in refining and processing impacting import demand.
- Global geopolitical tensions influencing gold trade routes and volumes.
- Economic recovery and inflationary pressures affecting import levels and prices.
Top countries in Import of Gold Unwrought or in Powder Form for Non-Monetary Use by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 473,810 | 2023 | +5.23% | +9.26% | View data |
| 2 | 2 Germany | 82,500 | 2023 | +0.94% | +0.92% | View data |
| 3 | 3 Italy | 64,910 | 2023 | -6.36% | -7.64% | View data |
| 4 | 4 France | 41,670 | 2023 | +2.84% | -1.53% | View data |
| 5 | 5 Austria | 10,210 | 2023 | -10.71% | -12.5% | View data |
| 6 | 6 Netherlands | 7,550 | 2023 | -11.27% | +6.54% | View data |
| 7 | 7 Ireland | 3,850 | 2023 | +5.66% | +0.24% | View data |
| 8 | 8 Denmark | 3,230 | 2023 | +6.07% | +3.68% | View data |
| 9 | 9 Estonia | 1,790 | 2023 | +3.53% | +3.61% | View data |
| 10 | 10 Slovakia | 1,650 | 2023 | +3.07% | -1.78% | View data |
