The European export of precious metals shows that Slovakia leads in volume at 3.3443 million kilograms, with a notable year-on-year growth of 16.21%. The UK and Germany follow, with the former experiencing an 8.22% decline. Countries like Poland and Italy exhibit modest growth, while Spain shows strong improvement at 7.91%. On the opposite spectrum, Finland and Ireland see significant reductions in their exports. Estonia, Greece, and Slovenia demonstrate remarkable increases, with Estonia showcasing an impressive 56.78% year-on-year rise.
Looking ahead, geopolitical factors, sustainable mining practices, and fluctuating global demands could significantly shape the precious metals market in Europe. Monitoring innovations in recycling and refining processes could influence growth patterns, as well as shifts in bilateral trade agreements within and outside the EU.
Top countries in Export of Precious Metals by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Slovakia | 3,344,300 | 2023 | +6.77% | +16.21% | View data |
| 2 | 2 United Kingdom | 3,197,900 | 2023 | -2.27% | -8.22% | View data |
| 3 | 3 Germany | 2,745,700 | 2023 | -0.21% | +1.56% | View data |
| 4 | 4 Poland | 1,459,000 | 2023 | +0.88% | +3.29% | View data |
| 5 | 5 Italy | 1,301,700 | 2023 | +1.88% | +2.12% | View data |
| 6 | 6 Belgium | 881,270 | 2023 | +4.15% | -1.55% | View data |
| 7 | 7 France | 677,010 | 2023 | +4.76% | +2.73% | View data |
| 8 | 8 Spain | 586,990 | 2023 | -5.63% | +7.91% | View data |
| 9 | 9 Netherlands | 571,290 | 2023 | +5.55% | -9.7% | View data |
| 10 | 10 Sweden | 510,720 | 2023 | -0.15% | -0.48% | View data |
