United Kingdom - Gold, in Semi-Manufactured Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSemi-Manufactured Gold Price in the UK - 2023
Contents:
- Semi-Manufactured Gold Price in the UK (CIF) - 2023
- Semi-Manufactured Gold Price in the UK (FOB) - 2022
- Semi-Manufactured Gold Imports in the UK
- Semi-Manufactured Gold Exports in the UK
Semi-Manufactured Gold Price in the UK (CIF) - 2023
The average semi-manufactured gold import price stood at $61.7M per ton in August 2023, which is down by -2.7% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 8.3% m-o-m. As a result, import price reached the peak level of $65,318 per kg; afterwards, it flattened through to August 2023.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the highest price was recorded for prices from Canada ($65.5M per ton) and Germany ($62.8M per ton), while the price for the United States ($60.0M per ton) and Kazakhstan ($60.4M per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Philippines (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Semi-Manufactured Gold Price in the UK (FOB) - 2022
The average semi-manufactured gold export price stood at $57,712,441 per ton in 2022, approximately mirroring the previous year. In general, the export price, however, continues to indicate a buoyant increase. The growth pace was the most rapid in 2013 when the average export price increased by 375%. The export price peaked at $57,780,400 per ton in 2021, and then shrank modestly in the following year.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were the Czech Republic ($60,618,453 per ton) and China ($58,463,744 per ton), while the average price for exports to Germany ($56,106,208 per ton) and Singapore ($56,596,509 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+57.1%), while the prices for the other major destinations experienced more modest paces of growth.
Semi-Manufactured Gold Imports in the UK
For the third consecutive year, the UK recorded decline in overseas purchases of gold, in semi-manufactured forms, which decreased by -21.1% to 730 tons in 2022. Over the period under review, imports recorded a significant contraction. The smallest decline of -1.6% was in 2020.
In value terms, semi-manufactured gold imports shrank notably to $41.4B in 2022. Overall, imports recorded a deep slump. The pace of growth appeared the most rapid in 2020 with an increase of 25% against the previous year. As a result, imports reached the peak of $88B. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Semi-Manufactured Gold in the UK (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 11.0 | 11.2 | 9.8 | 10.4 | -1.9% |
| United States | 11.1 | 12.0 | 8.5 | 7.0 | -14.2% |
| Kazakhstan | N/A | 0.1 | 3.5 | 6.6 | 712.4% |
| Philippines | N/A | N/A | N/A | 3.4 | 0% |
| Switzerland | 18.6 | 7.5 | 3.9 | 2.7 | -47.4% |
| Russia | 5.2 | 17.1 | 15.2 | 2.3 | -23.8% |
| France | N/A | N/A | N/A | 2.0 | 0% |
| South Africa | 3.8 | 3.4 | 2.5 | 0.4 | -52.8% |
| Hong Kong SAR | 2.2 | 12.5 | 0.6 | N/A | -47.8% |
| Australia | 8.4 | 8.2 | 1.1 | N/A | -63.8% |
| Others | 10.4 | 16.1 | 8.5 | 6.7 | -13.6% |
| Total | 70.7 | 88.0 | 53.5 | 41.4 | -16.3% |
Top Suppliers of Semi-Manufactured Gold to the UK in 2022:
- Canada (183.4 tons)
- United States (121.5 tons)
- Kazakhstan (115.4 tons)
- Philippines (59.1 tons)
- Switzerland (48.7 tons)
- Russia (42.5 tons)
- France (34.5 tons)
- South Africa (6.9 tons)
- Hong Kong SAR (0.7 tons)
- Australia (0.6 tons)
Semi-Manufactured Gold Exports in the UK
Semi-manufactured gold exports from the UK skyrocketed to 1.3K tons in 2022, growing by 75% against the previous year. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 89%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, semi-manufactured gold exports soared to $72.5B in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 93%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Semi-Manufactured Gold in the UK (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 6.4 | 12.0 | 34.0 | 27.5 | 62.6% |
| China | 9.2 | 0.5 | N/A | 17.5 | 23.9% |
| Hong Kong SAR | 0.3 | 0.7 | 0.8 | 15.2 | 270.0% |
| United Arab Emirates | 0.1 | N/A | N/A | 5.2 | 273.3% |
| Germany | 0.8 | 2.3 | 2.4 | 2.1 | 37.9% |
| Singapore | 0.2 | 0.2 | 2.1 | 1.6 | 100.0% |
| Austria | N/A | 0.9 | 0.4 | 1.2 | 15.5% |
| Turkey | 1.3 | 1.2 | 0.2 | 0.9 | -11.5% |
| United States | 2.6 | 1.1 | N/A | 0.1 | -66.2% |
| Azerbaijan | 2.3 | N/A | 0.1 | N/A | -79.1% |
| Others | 0.1 | 2.4 | 1.4 | 1.1 | 122.4% |
| Total | 23.3 | 21.4 | 41.4 | 72.5 | 46.0% |
Top Export Markets for Semi-Manufactured Gold from the UK in 2022:
- Azerbaijan (undefined tons)
- Switzerland (480.3 tons)
- China (300.2 tons)
- Hong Kong SAR (260.2 tons)
- United Arab Emirates (90.6 tons)
- Germany (36.7 tons)
- Singapore (29.0 tons)
- Austria (20.7 tons)
- Turkey (16.5 tons)
- United States (2.1 tons)
This report provides an in-depth analysis of the semi-manufactured gold market in the UK. 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 24412050 - Gold, in semi-manufactured forms for non-monetary use (including plated with platinum) (excluding unwrought or in powder form)
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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