Italy: Gold Ore Market 2020

Gold Ore Market Size in Italy

The revenue of the gold ore market in Italy amounted to $X in 2017, remaining stable against the previous year. In general, gold ore consumption continues to indicate a relatively flat trend pattern. Italy gold ore consumption peaked in 2017, and is expected to retain its growth in the near future.

Gold Ore Production in Italy

In 2017, the amount of gold ores and concentrates produced in Italy stood at X kg, coming down by -X% against the previous year. In general, gold ore production continues to indicate a sharp setback. The growth pace was the most rapid in 2008, with an increase of X% year-to-year. Italy gold ore production peaked of X tons in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Gold Ore Exports from Italy

In 2017, the amount of gold ores and concentrates exported from Italy stood at X tons, dropping by -X% against the previous year. In general, gold ore exports continue to indicate a precipitous descent. The growth pace was the most rapid in 2010, when exports increased by -X% y-o-y. Italy exports peaked of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, gold ore exports amounted to $X in 2017. In general, gold ore exports continue to indicate a dramatic deduction. Over the period under review, the gold ore exports reached its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Gold Ore Exports by Country from Italy

Australia was the key exporting country with an export of around X tons, which accounted for X% of total exports. Russia (X tons) occupied a X% share (based on tons) of total exports, which put it in second place, followed by Turkey (X%) and Tanzania (X%). The following exporters - Greece (X tons), Ecuador (X tons), Papua New Guinea (X tons), Peru (X tons), Malaysia (X tons) and Spain (X tons) together made up X% 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 ($X) remains the largest gold ore supplier from Italy, making up X% of global exports. The second position in the ranking was occupied by Russia ($X), with a X% share of global exports. It was followed by Tanzania, with a X% share.

In Australia, gold ore 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: Russia (+X% per year) and Tanzania (+X% per year).

Gold Ore Export Prices by Country in Italy

The gold ore export price in Italy stood at $X per ton in 2017, shrinking by -X% against the previous year. Overall, gold ore export price continues to indicate a deep shrinkage. Over the period under review, the export prices for gold ores and concentrates attained its maximum level of $X per ton in 2007; however, from 2008 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, 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 Italy

In 2017, approx. X tons of gold ores and concentrates were imported into Italy; reducing by -X% against the previous year. In general, gold ore imports continue to indicate a drastic descent. The most prominent rate of growth was recorded in 2010, when imports increased by X% year-to-year. Italy imports peaked of X tons in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, gold ore imports totaled $X in 2017. Overall, gold ore imports continue to indicate a deep curtailment. Italy imports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Gold Ore Imports by Country into Italy

In 2017, South Korea (X tons), distantly followed by China (X tons), the UK (X tons) and Mexico (X tons) represented the major importers of gold ores and concentrates, together comprising 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 ($X) constitutes the largest market for imported gold ores and concentrates into Italy, making up X% of global imports. The second position in the ranking was occupied by the UK ($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 rate of growth in terms of value in China totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: the UK (-X% per year) and South Korea (+X% per year).

Gold Ore Import Prices by Country in Italy

The gold ore import price in Italy stood at $X per ton in 2017, going down by -X% against the previous year. Overall, gold ore import price continues to indicate a relatively flat trend pattern. Italy import price peaked of $X per ton in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, 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 mixed trends in the import price figures.

Source: IndexBox Platform