From 2013 to 2023, the import of gold to France has seen fluctuations with significant year-on-year variations. Starting from a value of $559.55 million in 2013, it increased to $1127.6 million in 2023. Key periods of robust growth include 2017 with a 38.7% rise and 2021 with a 31.09% rise. The CAGR over the last five years leading to 2023 stands at 2.92%, reflecting moderate average annual growth. Notably, 2022 experienced a slight decline (-1.5%), while 2023 saw modest growth (3.25%).
Future trends to watch for include:
The forecasted average growth rate over the next five years (2024-2028) is 2.37% CAGR, reaching $1316 million by 2028, suggesting steady but slower growth.
Economic factors, global gold prices, and geopolitical influences are critical variables that could impact these projections.
