Report Update: May 1, 2024

Italy - Gold - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Gold Price in Italy - 2023

Gold Price in Italy (CIF) - 2022

In 2022, the average gold import price amounted to $39,915,069 per ton, with a decrease of -1.7% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 34% against the previous year. As a result, import price reached the peak level of $40,788 per kg. From 2021 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($58,314,551 per ton), while the price for Mexico ($6,364,349 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Gold Price in Italy (FOB) - 2022

The average gold export price stood at $54,152,326 per ton in 2022, with an increase of 6.6% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 31%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($59,299,700 per ton), while the average price for exports to Jordan ($32,423,646 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Gold Imports in Italy

In 2022, imports of gold into Italy expanded slightly to 193 tons, growing by 4.5% against 2021. The total import volume increased at an average annual rate of +4.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 41% against the previous year. As a result, imports reached the peak of 242 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, gold imports rose slightly to $7.7B in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -21.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 89% against the previous year. As a result, imports reached the peak of $9.9B. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Gold in Italy (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Switzerland	1,459	1,203	2,243	2,009	11.3%
United Arab Emirates	11.0	4,719	1,181	1,712	437.9%
Colombia	487	704	546	506	1.3%
Brazil	222	423	451	404	22.1%
United States	604	416	354	401	-12.8%
South Africa	669	402	301	400	-15.8%
France	426	500	386	382	-3.6%
Spain	382	435	368	345	-3.3%
Russia	17.3	53.3	332	297	158.0%
Germany	84.2	132	302	270	47.5%
United Kingdom	142	229	229	205	13.0%
Mexico	31.3	25.7	24.3	23.7	-8.9%
Others	677	613	793	763	4.1%
Total	5,211	9,855	7,510	7,719	14.0%

Top Suppliers of Gold to Italy in 2022:

Switzerland (38.5 tons)
United Arab Emirates (29.4 tons)
France (18.5 tons)
United States (17.4 tons)
Colombia (17.1 tons)
Germany (11.4 tons)
South Africa (9.6 tons)
Spain (8.4 tons)
Brazil (7.8 tons)
United Kingdom (5.8 tons)
Russia (5.1 tons)
Mexico (3.7 tons)

Gold Exports in Italy

In 2022, overseas shipments of gold decreased by -10% to 75 tons, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2020 when exports increased by 29% against the previous year. As a result, the exports reached the peak of 125 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, gold exports declined slightly to $4.1B in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 68% against the previous year. As a result, the exports reached the peak of $6.8B. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Gold in Italy (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Switzerland	2,887	5,006	2,637	2,716	-2.0%
France	506	508	461	381	-9.0%
United Kingdom	152	609	237	257	19.1%
Spain	162	176	162	129	-7.3%
Germany	41.1	86.4	137	108	38.0%
United Arab Emirates	29.0	76.2	122	96.0	49.0%
Dominican Republic	16.6	62.2	98.7	77.4	67.1%
Belgium	60.5	54.4	96.4	75.6	7.7%
Jordan	26.9	39.4	59.8	46.9	20.4%
Others	137	134	244	195	12.5%
Total	4,019	6,752	4,256	4,081	0.5%

Top Export Markets for Gold from Italy in 2022:

Switzerland (48.5 tons)
France (6.8 tons)
United Kingdom (4.4 tons)
Spain (2.3 tons)
Dominican Republic (2.1 tons)
Germany (1.8 tons)
United Arab Emirates (1.7 tons)
Belgium (1.4 tons)
Jordan (1.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the gold market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 24412030 - Gold, unwrought or in powder form for non-monetary use (including plated with platinum)
Prodcom 24412035 -
Prodcom 24412040 -
Prodcom 24412050 - Gold, in semi-manufactured forms for non-monetary use (including plated with platinum) (excluding unwrought or in powder form)
Prodcom 24412070 - Monetary gold (including gold plated with platinum)

Country coverage:

Italy

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Italy
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023