EU: Unwrought Gold Market 2020

Unwrought Gold Market Size in the EU

The revenue of the unwrought gold market in the European Union amounted to $X in 2017, falling by -X% against the previous year. The unwrought gold consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016, when market value increased by X% year-to-year. Over the period under review, the unwrought gold market attained its maximum level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Unwrought Gold Production in the EU

In 2017, approx. X tons of gold, unwrought or in powder form were produced in the European Union; coming down by -X% against the previous year. The unwrought gold production continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2014, with an increase of X% against the previous year. Over the period under review, the unwrought gold production reached its peak figure volume of X tons in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Unwrought Gold Exports in the EU

In 2017, approx. X tons of gold, unwrought or in powder form were exported in the European Union; lowering by -X% against the previous year. The unwrought gold exports continue to indicate a strong growth. The most prominent rate of growth was recorded in 2010, when it surged by X% y-o-y. Over the period under review, the unwrought gold exports attained its peak figure volume of X tons in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, unwrought gold exports stood at $X in 2017. The unwrought gold exports continue to indicate a strong expansion. The level of exports peaked of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Unwrought Gold Exports by Country in the EU

Germany prevails in unwrought gold exports structure, amounting to X tons, which was near X% of total exports in 2017. Italy (X tons) held the second position in the ranking, followed by Spain (X tons), Belgium (X tons) and the Netherlands (X tons). All these countries together held approx. X% share of total exports. The following exporters - France (X tons) and Finland (X tons) each accounted for a X% share of total exports.

Exports from Germany increased at an average annual rate of +X% from 2007 to 2017. At the same time, Finland (+X%), France (+X%), Spain (+X%), Belgium (+X%) and Italy (+X%) displayed positive paces of growth. Moreover, Finland emerged as the fastest growing exporter in the European Union, with a CAGR of +X% from 2007-2017. By contrast, the Netherlands (-X%) illustrated a downward trend over the same period. While the share of Belgium (-X%), Italy (-X%), Spain (-X%), France (-X%), Finland (-X%) and Germany (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest unwrought gold supplier in the European Union, making up X% of global exports. The second position in the ranking was occupied by Italy ($X), with a X% share of global exports. It was followed by the Netherlands, with a X% share.

In Germany, unwrought gold exports increased at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (+X% per year) and the Netherlands (-X% per year).

Unwrought Gold Export Prices by Country in the EU

In 2017, the unwrought gold export price in the European Union amounted to $X thousand per kg, lowering by -X% against the previous year. The unwrought gold export price continues to indicate a temperate contraction. The pace of growth appeared the most rapid in 2011, when it surged by X% year-to-year. Over the period under review, the export prices for gold, unwrought or in powder form attained its peak figure level of $X thousand per kg in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Italy ($X thousand per kg), while Germany ($X thousand per kg) was amongst the lowest.

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

Unwrought Gold Imports in the EU

In 2017, unwrought gold imports in the European Union totaled X tons, growing by X% against the previous year. The total imports indicated a moderate growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the unwrought gold imports increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2012, when it surged by X% against the previous year. In that year, the unwrought gold imports reached their peak volume of X tons. From 2013 to 2017, growth of the unwrought gold imports failed to regain its momentum.

In value terms, unwrought gold imports totaled $X in 2017. The unwrought gold imports continue to indicate a strong expansion. The level of imports peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Unwrought Gold Imports by Country in the EU

The UK was the major importer of gold, unwrought or in powder form in the European Union, with the volume of imports amounting to X tons, which was approx. X% of total imports in 2017. It was distantly followed by Germany (X tons) and Italy (X tons), together generating X% share of total imports. The Netherlands (X tons), Spain (X tons) and France (X tons) held the weak share of total imports.

From 2007 to 2017, average annual rates of growth with regard to unwrought gold imports into the UK stood at +X%. At the same time, Spain (+X%), the Netherlands (+X%) and France (+X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest growing importer in the European Union, with a CAGR of +X% from 2007-2017. Germany experienced a relatively flat trend pattern. By contrast, Italy (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Italy increased by X% percentage points, while Spain (-X%) and the UK (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the UK ($X) constitutes the largest market for imported gold, unwrought or in powder form in the European Union, making up X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by Italy, with a X% share.

In the UK, unwrought gold imports increased at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Italy (-X% per year).

Unwrought Gold Import Prices by Country in the EU

In 2017, the unwrought gold import price in the European Union amounted to $X thousand per kg, approximately equating the previous year. The import price indicated a prominent growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the unwrought gold import price increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2011, when the import prices increased by X% year-to-year. Over the period under review, the import prices for gold, unwrought or in powder form reached its peak figure level of $X thousand per kg in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Average import prices varied noticeably amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in France ($X thousand per kg) and the Netherlands ($X thousand per kg), while Italy ($X thousand per kg) and Spain ($X thousand per kg) were amongst the lowest.

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

Source: IndexBox Platform