China: Gold Ore Market 2020

Gold Ore Market Size in China

The revenue of the gold ore market in China amounted to $X in 2017, jumping by X% against the previous year. In general, gold ore consumption continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2011, when it surged by X% against the previous year. China gold ore consumption peaked in 2017, and is expected to retain its growth in the immediate term.

Gold Ore Production in China

In 2017, production of gold ores and concentrates in China amounted to X kg, approximately equating the previous year. In general, gold ore production continues to indicate a relatively flat trend pattern.

Gold Ore Exports from China

Gold ore exports from China amounted to X tons in 2017, rising by X% against the previous year. In general, gold ore exports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2011, with an increase of X% y-o-y. Over the period under review, the gold ore exports reached its peak figure volume in 2017, and are likely to continue its growth in the near future.

In value terms, gold ore exports totaled $X in 2017. In general, gold ore exports continue to indicate a skyrocketing growth. China exports peaked in 2017, and are expected to retain its growth in the immediate term.

Gold Ore Exports by Country from China

Australia was the main exporter of gold ores and concentrates in the world, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2017. Russia (X tons) took the second position in the ranking, distantly followed by Turkey (X tons) and Tanzania (X tons). All these countries together held near X% share of total exports. Greece (X tons), Ecuador (X tons), Papua New Guinea (X tons), Peru (X tons), Malaysia (X tons) and Spain (X tons) occupied the weak share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Greece (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) remains the largest gold ore supplier from China, making up X% of global exports. The second position in the ranking was occupied by Russia ($X), with a X% share of global exports. It was followed by Tanzania, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Australia stood at +X%. In the other countries, the average annual rates were as follows: Russia (+X% per year) and Tanzania (+X% per year).

Gold Ore Export Prices by Country in China

In 2017, the gold ore export price in China amounted to $X per ton, rising by X% against the previous year. In general, gold ore export price continues to indicate an outstanding growth. The most prominent rate of growth was recorded in 2010, an increase of X% year-to-year. China export price peaked in 2017, and is likely to see steady growth in the immediate term.

Export prices varied noticeably by the country of destination; the country with the highest export price was Tanzania ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Greece (+X% per year), while the other leaders experienced more modest paces of growth.

Gold Ore Imports into China

In 2017, imports of gold ores and concentrates into China stood at X tons, coming up by X% against the previous year. Overall, gold ore imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2010, when it surged by X% year-to-year. Over the period under review, the gold ore imports reached its maximum volume of X tons in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, gold ore imports stood at $X in 2017. Overall, gold ore imports continue to indicate an outstanding increase. China imports peaked in 2017, and are likely to continue its growth in the immediate term.

Gold Ore Imports by Country into China

In 2017, South Korea (X tons), distantly followed by China (X tons), the UK (X tons) and Mexico (X tons) were the largest importers of gold ores and concentrates, together achieving X% of total imports. The Philippines (X tons), Kazakhstan (X tons), Belgium (X tons) and India (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported gold ores and concentrates into China, making up X% of global imports. The second position in the ranking was occupied by the UK ($X), with a X% share of global imports. It was followed by South Korea, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China stood at +X%. In the other countries, the average annual rates were as follows: the UK (-X% per year) and South Korea (+X% per year).

Gold Ore Import Prices by Country in China

In 2017, the gold ore import price in China amounted to $X per kg, remaining constant against the previous year. In general, gold ore import price continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2012, when it surged by X% against the previous year. In that year, the import prices for gold ores and concentrates attained their peak level of $X per kg; afterwards, it flattened through to 2017.

Import prices varied noticeably by the country of destination; the country with the highest import price was the Philippines ($X per kg), while Mexico ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the Philippines (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform