The export of gold from Denmark has experienced significant fluctuations over the past decade. In 2023, it stood at 23.208 million US dollars, exemplifying a modest growth from the previous year at 1.03%. The period between 2017 to 2018 saw drastic changes, with a notable 193.72% increase in 2017 followed by a 25.72% decline in 2018. Overall, the last five years displayed a fluctuating trend with a compound annual growth rate (CAGR) of approximately -4.67%. However, the global situation and market dynamics of gold have influenced these trends.
Looking forward, a steady and mild growth is forecasted, with the gold export value expected to increase to 24.463 million US dollars by 2028, reflecting a five-year CAGR of 0.83%. Key trends to watch include global gold prices, trade policies, and economic stability in gold-importing countries, which could significantly impact future export figures.
- In 2023, gold exports were valued at 23.208 million US dollars.
- Year-on-year variation from 2022 to 2023 was 1.03%.
- The forecasted CAGR over the next five years is 0.83%.
- The forecasted total growth rate for the next five years is 4.22%.
