In 2023, the United Kingdom led European exports of gold in semi-manufactured forms for non-monetary use at 605.95 thousand kilograms, despite a 5.13% decline from 2022. Germany followed with 174.07 thousand kilograms, showing a significant 14.02% increase. Other notable exporters include Belgium, Spain, and Italy, with year-on-year variations of -4.96%, -0.84%, and -15.45% respectively. Various countries experienced substantial fluctuations, notably France, which saw a 100% decrease. The compound annual growth rate (CAGR) over the past five years indicates mixed performance across Europe, pointing to a diverse and dynamic market landscape.
Future trends to watch include potential shifts in the UK and Germany's market positions as they respond to regulatory, economic, and geopolitical changes. The positive trend in countries like Hungary, Denmark, and Slovenia could indicate emerging players in the sector. Monitoring technological advancements in gold processing and sustainability practices will also be crucial as they may shape export capacities and preferences in international markets.
Top countries in Export of Gold in Semi-Manufactured Forms for Non-Monetary Use by Country
# | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 United Kingdom | 605,950 | 2023 | +0.81% | -5.13% | View data |
2 | 2 Germany | 174,070 | 2023 | +3.13% | +14.02% | View data |
3 | 3 Belgium | 33,420 | 2023 | +8.15% | -4.96% | View data |
4 | 4 Spain | 31,110 | 2023 | +7.96% | -0.84% | View data |
5 | 5 Italy | 12,510 | 2023 | +391.78% | -15.45% | View data |
6 | 6 Austria | 8,440 | 2023 | +0.012% | +4.1% | View data |
7 | 7 Poland | 3,340 | 2023 | -0.71% | +5.14% | View data |
8 | 8 Denmark | 2,350 | 2023 | +22.33% | +6.64% | View data |
9 | 9 Netherlands | 2,290 | 2021 | +32.46% | +7.39% | View data |
10 | 10 Bulgaria | 2,080 | 2023 | +6.73% | +13.57% | View data |