In 2023, the United Kingdom led Europe's import of gold in semi-manufactured forms for non-monetary use, showing a significant forecasted growth of 19.84%. Belgium and France also exhibited strong increases of 53.32% and 27.57%, respectively. Contrarily, Ireland and Greece saw notable declines at -11.57% and -9.93%. Over the past five years, the compounded annual growth rate (CAGR) highlights varied import trends across these nations, suggesting diverse economic conditions influencing gold import behavior.
Future trends to monitor include potential policy impacts on European gold trade, technology's role in refining and manufacturing, and economic shifts that may affect disposable income, influencing the non-monetary use of gold. Consumer demand for gold products could drive import rates in countries with emerging markets.
Top countries in Import 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 | 1,543,700 | 2023 | +4.14% | +19.84% | View data |
| 2 | 2 Belgium | 214,340 | 2023 | +27.69% | +53.32% | View data |
| 3 | 3 Spain | 65,700 | 2023 | +16.81% | +16.06% | View data |
| 4 | 4 Italy | 65,300 | 2023 | +0.61% | +0.72% | View data |
| 5 | 5 France | 59,460 | 2023 | +9.13% | +27.57% | View data |
| 6 | 6 Ireland | 42,500 | 2023 | +6.11% | -11.57% | View data |
| 7 | 7 Germany | 30,330 | 2023 | +3.28% | +1.68% | View data |
| 8 | 8 Austria | 22,110 | 2023 | +0.15% | -2.27% | View data |
| 9 | 9 Denmark | 18,710 | 2023 | +8.62% | +3.84% | View data |
| 10 | 10 Czechia | 3,560 | 2023 |
