The global import share of articles of precious metals is dominated by the United States, Malaysia, and China. In 2023, the United States led significantly, followed by Malaysia, with both showing positive year-on-year growth. Emerging players like Poland and the Czech Republic experienced significant increases in import shares, reflecting shifting market dynamics. Countries like Switzerland and India saw notable declines. Overall, the market is witnessing growth in Eastern Europe while traditional Western markets face stagnation or decline.
Future trends to watch include regional shifts as Middle Eastern and African countries progressively expand their import share. Technological innovation and evolving consumer preferences could shake traditional players' dominance, inviting new market disruptors.
Top countries in Import of Articles of Precious Metal or of Metal Clad With Precious Metal Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 38.43 | 2023 | +0.69% | +0.79% | View data |
| 2 | 2 Malaysia | 19.05 | 2023 | +0.82% | +0.4% | View data |
| 3 | 3 China | 8.92 | 2023 | +0.2% | +1.91% | View data |
| 4 | 4 Thailand | 7.98 | 2023 | +5.13% | +5.67% | View data |
| 5 | 5 Germany | 5.37 | 2023 | +1.63% | -1.31% | View data |
| 6 | 6 Singapore | 5.27 | 2023 | -0.89% | +0.5% | View data |
| 7 | 7 Canada | 3.74 | 2023 | -1.54% | -2.3% | View data |
| 8 | 8 France | 2.57 | 2023 | -3.51% | -3.5% | View data |
| 9 | 9 Japan | 2.36 | 2023 | -2.83% | -2.86% | View data |
| 10 | 10 Poland | 1.99 | 2023 | +4.9% | +16.93% | View data |