The United Kingdom leads European precious metal production in 2024, significantly surpassing other countries with its remarkable growth of 234.75% in 2023. Italy and Poland also show notable performances, with increases of 15.36% and 263.97%, respectively. Other countries like Hungary and Austria present considerable growth, while Portugal and Norway experienced declines. Over the last five years, we see diverse trends, with some countries steadily increasing production and others maintaining minimal growth.
Future trends to watch include the potential for technological advancements to further enhance production efficiency, environmental considerations impacting mining regulations, and geopolitical factors affecting market dynamics. Keep an eye on the UK's continued dominance, as well as Poland's rapid growth trajectory as important developments in the European precious metals landscape.
Top countries in Production of Precious Metals by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 24,199,000 | 2023 | -4.68% | +234.75% | View data |
| 2 | 2 Italy | 2,535,700 | 2023 | +9.9% | +15.36% | View data |
| 3 | 3 Poland | 1,676,700 | 2023 | +10.45% | +263.97% | View data |
| 4 | 4 Hungary | 242,810 | 2023 | +0.17% | +236.23% | View data |
| 5 | 5 Sweden | 174,110 | 2023 | +9.16% | View data | |
| 6 | 6 Spain | 160,840 | 2023 | +9.87% | +3.95% | View data |
| 7 | 7 Austria | 146,130 | 2023 | +16.76% | +36.8% | View data |
| 8 | 8 France | 125,170 | 2021 | +171.4% | View data | |
| 9 | 9 Finland | 97,430 | 2023 | +3.59% | +0.34% | View data |
| 10 | 10 Romania | 91,620 | 2023 | +30.33% | View data |
