In 2024, European precious metals turnover displays significant disparity across countries. Germany leads with a turnover of 20.49 billion euros, while Italy follows with 6.65 billion. Remaining countries, including Portugal, Romania, Finland, and Poland, register substantially lower values. Year-on-year growth in 2023 was notably high for Finland at 21.86% and Romania at 14.06%, with Germany and Italy also showing strong growth at 10.88% and 12.19%, respectively. Poland saw a minimal increase of 0.3%. Over five years, compound annual growth rates reveal moderate variations across these markets.
Future trends to watch for include:
- The impact of technological advancements on metal extraction and processing efficiency.
- Shifts in demand driven by renewable energy efforts and industrial usage.
- Environmental regulations influencing production dynamics.
- Potential geopolitical events affecting trade and supply chains.
Top countries in Precious Metals Turnover by Country
| # | 6 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 20,490 | 2023 | +6.47% | +10.88% | View data |
| 2 | 2 Italy | 6,650 | 2023 | +5.17% | +12.19% | View data |
| 3 | 3 Portugal | 92.8 | 2023 | +6.42% | +7.45% | View data |
| 4 | 4 Romania | 50.2 | 2023 | +7.26% | +14.06% | View data |
| 5 | 5 Finland | 48.1 | 2023 | +8.58% | +21.86% | View data |
| 6 | 6 Poland | 20 | 2023 | -3.38% | +0.3% | View data |
