In 2023, Japan dominated the global export market of base metals or silver clad with gold, holding a substantial share. Notable growth was observed in Denmark and Portugal, whereas significant declines were recorded in Japan and Thailand. The United Arab Emirates and Canada showed remarkable progress, with high year-on-year growth rates, while the Philippines and Germany experienced negative trends. Italy, the UK, Switzerland, Bosnia, and Brazil experienced moderate positive changes. Over the last five years, variations in market shares suggest increasing diversification, with new players emerging, although Japan continues to maintain a pronounced lead.
Future trends to watch include shifts in the market dynamics due to geopolitical changes or economic policies, which could redistribute export capacities. Additionally, technological advancements in production and extraction could potentially increase the availability and distribution of these metals, opening opportunities for smaller players like the United Arab Emirates, Canada, and Portugal to increase their market presence further. Environmental regulations and sustainable practices are also anticipated to play an influential role in shaping the export landscape of these materials.
Top countries in Export of Base Metals or Silver Clad with Gold Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 97.49 | 2023 | +3.23% | -18.75% | View data |
| 2 | 2 Denmark | 4.65 | 2023 | +7.08% | +17.23% | View data |
| 3 | 3 Philippines | 2.45 | 2023 | +5.78% | -0.1% | View data |
| 4 | 4 United Kingdom | 1.68 | 2023 | -1.34% | +3.01% | View data |
| 5 | 5 Italy | 0.77 | 2023 | +3.48% | +4.83% | View data |
| 6 | 6 Germany | 0.55 | 2023 | -6.4% | -8.83% | View data |
| 7 | 7 United States | 0.48 | 2023 | -2.49% | +3.36% | View data |
| 8 | 8 Portugal | 0.23 | 2023 | +5.57% | +11.27% | View data |
| 9 | 9 Switzerland | 0.17 | 2023 | +3.04% | +7.62% | View data |
| 10 | 10 United Arab Emirates | 0.14 | 2023 | -7.52% | +68.19% | View data |
