In 2023, the UK led Europe's export of semi-manufactured base metals or silver, clad with gold, with a 23.3% increase, representing 37.21% of the total share. The Netherlands saw the most significant growth at 58.45%, holding 26.31% of the market. France and Denmark also experienced notable increases, with 37.94% and 158.65% growth respectively. Germany and Belgium had moderate growth at 0.49% and 23.83%. Italy, Slovakia, and Bulgaria saw declining trends, with Italy decreasing by 11.84%. Smaller markets like Ireland, Austria, Luxembourg, and Finland maintained stable shares with minimal variations.
Future trends to watch include continued growth in key markets such as the UK and the Netherlands, driven by strong manufacturing capabilities and demand for high-value materials. Denmark's rapid growth suggests an evolving export strategy, potentially influenced by emerging technologies and increasing global demand. Southern European countries could focus on revitalizing their growth strategies to enhance competitiveness. Monitoring geopolitical developments and trade regulations will also be crucial to anticipate market fluctuations in this sector.
Top countries in Export of Base Metals or Silver, Clad with Gold, Not Further Worked than Semi-Manufactured Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 37.21 | 2023 | +3.49% | +23.3% | View data |
| 2 | 2 Netherlands | 26.31 | 2023 | +18.85% | +58.45% | View data |
| 3 | 3 France | 17.45 | 2023 | +30.06% | +37.94% | View data |
| 4 | 4 Germany | 8.39 | 2023 | +11.41% | +0.49% | View data |
| 5 | 5 Denmark | 6.63 | 2023 | +37.3% | +158.65% | View data |
| 6 | 6 Italy | 3.05 | 2023 | +0.83% | -11.84% | View data |
| 7 | 7 Belgium | 2.67 | 2023 | +4.93% | +23.83% | View data |
| 8 | 8 Slovakia | 1.92 | 2023 | -3.37% | -16.39% | View data |
| 9 | 9 Spain | 1.81 | 2023 | +0.99% | +17.71% | View data |
| 10 | 10 Hungary | 0.59 | 2023 | +6.26% | +59.58% | View data |
