The forecast for precious metals imports to Switzerland shows a gradual decline from 1.86 thousand metric tons in 2024 to 1.79 thousand metric tons by 2028. This indicates a year-on-year percentage decrease of approximately 1.08% for 2025, 1.09% for 2026, 0.55% for 2027, and 1.10% for 2028. The Compound Annual Growth Rate (CAGR) over the five-year period is around -0.94%, demonstrating a consistent downward trend.
In 2023, precious metals imports stood at 1.88 thousand metric tons. Compared to the forecast data, the immediate two-year trend indicates a slight but steady decrease in import volumes.
Future trends to watch for include global economic conditions, which could impact the demand for precious metals. Additionally, technological advancements and policy changes within Switzerland and its trading partners may also influence import volumes. Keeping an eye on exchange rates and geopolitical stability will be crucial for accurate forecasting.