In 2023, China remained the largest importer of gold compounds, holding a 16.77% global share, marginally increasing by 0.59% year-on-year. Singapore and France closely followed, with slight variations of 0.2% and 1.44% respectively. Notably, Spain and South Korea saw significant increases in their import shares, by 4.08% and 5.58% respectively. Countries like Switzerland, Germany, and the United States experienced declines. Exceptional growth was observed in smaller markets, such as Ecuador (91.9%) and Bosnia and Herzegovina (22.48%). However, dramatic declines were noted in Japan and Cyprus, with decreases of -54.02% and -26.12% respectively.
Future trends to watch include potential shifts in the dominance of traditional large markets like China and Singapore. Attention should be given to emerging markets such as Ecuador and Bosnia and Herzegovina, and any geopolitical changes that might impact the trade flows of gold compounds globally.
Top countries in Import of Gold Compounds Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 16.77 | 2023 | +1.56% | +0.59% | View data |
| 2 | 2 Singapore | 16.31 | 2023 | -0.2% | +0.2% | View data |
| 3 | 3 France | 15.12 | 2023 | +0.96% | +1.44% | View data |
| 4 | 4 Thailand | 10.56 | 2023 | +3.65% | +3.51% | View data |
| 5 | 5 Switzerland | 6.6 | 2023 | +4.55% | -3.96% | View data |
| 6 | 6 Spain | 4.96 | 2023 | +2.15% | +4.08% | View data |
| 7 | 7 South Korea | 3.75 | 2023 | +3.81% | +5.58% | View data |
| 8 | 8 Malaysia | 3.36 | 2023 | +3.63% | +2.14% | View data |
| 9 | 9 Mexico | 3.3 | 2023 | +3.99% | +4.23% | View data |
| 10 | 10 United Kingdom | 2.93 | 2023 | +1.38% | +0.27% | View data |
