In 2023, Germany led European sold production of precious metals with a share value of 51.24%, despite a slight year-on-year decrease of 1.34%. Italy, recording a 7.16% increase, followed with 22.24%. Spain saw a marginal decline to 12.83%, while Finland and France had shares of 7.9% and 1.76% respectively, with Finland experiencing a minor drop and France a slight increase. Notably, Portugal recorded an 86.68% decrease, and Norway a 37.15% decline. Smaller players such as Austria, Romania, and Estonia remained stable.
Future trends to watch include potential shifts in production priorities due to economic and geopolitical factors, sustainability initiatives, and advances in technology influencing precious metal demand and production dynamics across Europe.
Top countries in Sold Production of Precious Metals Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 51.24 | 2023 | +2.29% | -1.34% | View data |
| 2 | 2 Italy | 22.24 | 2023 | +0.0067% | +7.16% | View data |
| 3 | 3 Spain | 12.83 | 2023 | +3.79% | -0.33% | View data |
| 4 | 4 Finland | 7.9 | 2023 | +0.83% | -0.041% | View data |
| 5 | 5 France | 1.76 | 2023 | +23.58% | +0.3% | View data |
| 6 | 6 Austria | 0.92 | 2023 | +11.36% | View data | |
| 7 | 7 Poland | 0.63 | 2023 | -0.45% | -18.09% | View data |
| 8 | 8 Romania | 0.28 | 2023 | +7.47% | View data | |
| 9 | 9 Norway | 0.032 | 2023 | +3.12% | -37.15% | View data |
| 10 | 10 Sweden | 0.031 | 2023 | +0.0097% | View data |
