In 2024, Sweden remains the dominant player in European Precious Metals Direct Material Inputs with a share of 57.59 thousand metric tons, despite a slight 0.49% decline from the previous year. Poland holds the second spot with 27.91 thousand metric tons, showing a modest growth of 0.75%. Romania and Portugal follow, with notable variations, especially Portugal, which experienced a significant 319.03% increase. Conversely, Germany, Greece, and smaller countries like Cyprus and Belgium witnessed minimal shares but varying growth patterns, with Germany increasing by 5.69% and Belgium decreasing by 7.68%. The overall European market is seeing dynamic changes with substantial percentage growth in countries like the Netherlands (+39.22%), Estonia (+26.37%), and Ireland (+26.93%), while others like Serbia and Austria experience declines. The Five-Year CAGR indicates stable long-term growth for most countries.
Looking ahead, keep an eye on the continued expansion in Portugal and Malta's precious metals market, as well as potential recovery in Belgium and Serbia. Technological advancements and regulatory changes could significantly impact market shares, fostering growth in emerging countries while stabilizing larger markets. Monitoring these trends is crucial for understanding future shifts in European Precious Metals Direct Material Inputs.
Top countries in Precious Metals Direct Material Inputs Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 57.59 | 2023 | +1.38% | -0.49% | View data |
| 2 | 2 Poland | 27.91 | 2023 | +0.37% | +0.75% | View data |
| 3 | 3 Romania | 9.08 | 2023 | +11.1% | -1.9% | View data |
| 4 | 4 Portugal | 8.13 | 2023 | +16.15% | +319.03% | View data |
| 5 | 5 Greece | 1.41 | 2023 | -1% | +3.32% | View data |
| 6 | 6 Germany | 1.11 | 2023 | +2.12% | +5.69% | View data |
| 7 | 7 Cyprus | 0.73 | 2023 | +10.59% | -2.6% | View data |
| 8 | 8 Belgium | 0.69 | 2023 | +6.92% | -7.68% | View data |
| 9 | 9 Netherlands | 0.39 | 2023 | +47.85% | +39.22% | View data |
| 10 | 10 Slovakia | 0.32 | 2023 | +0.57% | +4.52% | View data |
