The European export of precious metals, measured in kilograms, showed notable variation among countries in 2023. Slovakia led with a 21.47% share, experiencing a significant growth of 16.21%. The United Kingdom and Germany followed, however, the UK's share dropped by 8.22%. Poland, Italy, and France saw moderate increases, while Belgium recorded a slight decline. Spain's exports rose by 7.91%, whereas the Netherlands and Ireland saw declines. Estonia, Greece, and Slovenia experienced impressive increases, marking them as emerging contributors to the market.
Future trends to watch include potential growth in Eastern Europe, particularly in Slovakia and Estonia, due to their recent significant increases. Be vigilant about the UK's decreasing trend and the influence of geopolitical shifts on Germany's position. Tracking metal demand shifts, influenced by technology and sustainability, is crucial for strategic forecasting.
Top countries in Export of Precious Metals Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Slovakia | 21.47 | 2023 | +6.77% | +16.21% | View data |
| 2 | 2 United Kingdom | 20.53 | 2023 | -2.27% | -8.22% | View data |
| 3 | 3 Germany | 17.63 | 2023 | -0.21% | +1.56% | View data |
| 4 | 4 Poland | 9.37 | 2023 | +0.88% | +3.29% | View data |
| 5 | 5 Italy | 8.36 | 2023 | +1.88% | +2.12% | View data |
| 6 | 6 Belgium | 5.66 | 2023 | +4.15% | -1.55% | View data |
| 7 | 7 France | 4.35 | 2023 | +4.76% | +2.73% | View data |
| 8 | 8 Spain | 3.77 | 2023 | -5.63% | +7.91% | View data |
| 9 | 9 Netherlands | 3.67 | 2023 | +5.55% | -9.7% | View data |
| 10 | 10 Sweden | 3.28 | 2023 | -0.15% | -0.48% | View data |
