Precious Metal Ore and Concentrate Market

Precious metal ore and concentrate market: download the most recent data secured by an Ai-driven market research platform. Info contain consumption, exports, market prices, market size, companies, imports, production, and trade. There is a breakdown by region, including the U.K., Africa, China, EU, the U.S., Russia, the Middle East, and Latin America. Market dynamics and forecast to 2030 are also provided in the reports.


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Precious Metal Ore and Concentrate - World's Largest Markets

RatingCountry
1Vietnam
2China
3Zimbabwe
4Brazil
5India

In value terms, the largest precious metal ore and concentrate markets worldwide were Vietnam, China and Zimbabwe, with a combined 43% share of the global market. Brazil, India, Australia, Bulgaria and Tanzania lagged somewhat behind, together accounting for a further 15%.

In terms of the main consuming countries, Australia recorded the highest growth rate of market size, over the period under review, while precious metal ore and concentrate market for the other global leaders experienced more modest paces of growth.

Precious Metal Ore And Concentrate Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Kyrgyzstan850759617-14.8%
Peru321521472261-16.1%
Greece392923362300-23.5%
Indonesia731032072630-40.0%
Turkey2345206127057.4%
Russia314527312708-7.2%
Kazakhstan9431904286574.3%
Mexico350332223151-5.2%
Ecuador24382981333517.0%
Australia31803990480823.0%
United States56758435865823.5%
Tanzania8463913491343.9%
South Africa77458754954411.0%
Average4269374643270.7%

Prices varied noticeably by the country of origin; the country with the highest price was South Africa ($9,544 per ton), while Kyrgyzstan ($617 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Kazakhstan (+74.3% per year), while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Germany29674397643637710.7%
South Korea715166406396-5.4%
Russia31083453613040.4%
Kazakhstan484319872973-21.6%
China2307233423821.6%
India16721193851-28.7%
Vietnam0.6142519447.6%
Average16633193097332.3%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Germany ($36,377 per ton), while Vietnam ($19 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Vietnam (+447.6% per year), while the other global leaders experienced more modest paces of growth.

Precious Metal Ore and Concentrate - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
China3.644.38.7%
Germany1.11.52.553.5%
Russia0.040.40.4207.2%
Kazakhstan0.30.40.417.0%
South Korea0.30.30.33.4%

In value terms, China ($4.3B), Germany ($2.5B) and Russia ($381M) constituted the countries with the highest levels of imports in 2020, together comprising 72% of global imports.

Russia (+207.2% per year) recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Precious Metal Ore and Concentrate - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Australia111.311.3%
Russia0.60.80.89.2%
Peru0.50.60.714.2%
Kazakhstan0.020.60.6474.8%
South Africa0.30.50.530.4%

In value terms, the largest precious metal ore and concentrate supplying countries worldwide were Australia ($1.3B), Russia ($762M) and Peru ($697M), with a combined 32% share of global exports. Kazakhstan, South Africa, Ecuador, Tanzania, the United States, Mexico, Turkey, Indonesia, Kyrgyzstan and Greece lagged somewhat behind, together accounting for a further 35%.

Kazakhstan (+474.8% per year) recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Precious Metal Ore and Concentrate - Market Forecast

Driven by rising demand for precious metal ore and concentrate worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Precious Metal Ore and Concentrate - Product Coverage

  • HS 261610 - Silver ores and concentrates
  • HS 261690 - Precious metal ores and concentrates; (excluding silver)
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World - Precious Metal Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global market for precious metal ore and concentrate.

Australia and Oceania - Precious Metal Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for precious metal ore and concentrate in Australia and Oceania.

Latin America and the Caribbean - Precious Metal Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for precious metal ore and concentrate in Latin America and the Caribbean.

Eastern Asia - Precious Metal Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for precious metal ore and concentrate in Eastern Asia.

Northern America - Precious Metal Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for precious metal ore and concentrate in Northern America.

Africa - Precious Metal Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for precious metal ore and concentrate in Africa.

South-Eastern Asia - Precious Metal Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for precious metal ore and concentrate in South-Eastern Asia.

Central Asia - Precious Metal Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for precious metal ore and concentrate in Central Asia.

Middle East - Precious Metal Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for precious metal ore and concentrate in the Middle East.

Southern Asia - Precious Metal Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for precious metal ore and concentrate in Southern Asia.

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