Report China - Precious Metal Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 3, 2023

China - Precious Metal Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights

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China: Market for Precious Metal Ores And Concentrates 2023

Market Size for Precious Metal Ores And Concentrates in China

The Chinese market for precious metal ores and concentrates soared to $X in 2021, increasing by 24% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a significant expansion. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the immediate term.

Exports of Precious Metal Ores And Concentrates

Exports from China

For the third year in a row, China recorded growth in overseas shipments of precious metal ores and concentrates, which increased by 37% to X tons in 2021. In general, exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 306% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, precious metal ore and concentrate exports surged to $X in 2021. Over the period under review, exports recorded a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of 337% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

Hong Kong SAR (X tons) was the main destination for precious metal ore and concentrate exports from China, with a 70% share of total exports. Moreover, precious metal ore and concentrate exports to Hong Kong SAR exceeded the volume sent to the second major destination, South Korea (X tons), threefold. The third position in this ranking was held by Japan (X tons), with a 7.5% share.

From 2012 to 2021, the average annual growth rate of volume to Hong Kong SAR amounted to +11.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+70.0% per year) and Japan (+132.4% per year).

In value terms, Hong Kong SAR ($X) remains the key foreign market for precious metal ore and concentrate exports from China, comprising 62% of total exports. The second position in the ranking was taken by South Korea ($X), with a 28% share of total exports. It was followed by Japan, with a 4.1% share.

From 2012 to 2021, the average annual growth rate of value to Hong Kong SAR totaled +8.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+41.1% per year) and Japan (+121.1% per year).

Export Prices by Country

In 2021, the average export price for precious metal ores and concentrates amounted to $X per ton, picking up by 44% against the previous year. Overall, the export price, however, saw a pronounced descent. The pace of growth appeared the most rapid in 2016 an increase of 84% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was South Korea ($X per ton), while the average price for exports to Japan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Suriname (+1,427.7%), while the prices for the other major destinations experienced a decline.

Imports of Precious Metal Ores And Concentrates

Imports into China

In 2021, approx. X tons of precious metal ores and concentrates were imported into China; with an increase of 17% against 2020 figures. In general, imports showed significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 92%. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, precious metal ore and concentrate imports skyrocketed to $X in 2021. Over the period under review, imports saw a prominent increase. The pace of growth was the most pronounced in 2013 with an increase of 42% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Peru (X tons) constituted the largest supplier of precious metal ore and concentrate to China, with a 27% share of total imports. Moreover, precious metal ore and concentrate imports from Peru exceeded the figures recorded by the second-largest supplier, Mexico (X tons), twofold. The third position in this ranking was taken by Russia (X tons), with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Peru totaled +42.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+47.3% per year) and Russia (+19.9% per year).

In value terms, Peru ($X), Mexico ($X) and Russia ($X) appeared to be the largest precious metal ore and concentrate suppliers to China, with a combined 55% share of total imports. These countries were followed by Australia, Canada, Kazakhstan, Turkey, Bulgaria, Spain, Ecuador, Greece, Mongolia and Democratic People's Republic of Korea, which together accounted for a further 27%.

Among the main suppliers, Canada, with a CAGR of +86.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for precious metal ores and concentrates stood at $X per ton in 2021, increasing by 11% against the previous year. Over the period under review, the import price, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 39%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Mexico ($X per ton), while the price for Democratic People's Republic of Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for precious metal ores and concentrates in the world?
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China remains the largest precious metal ore and concentrate consuming country worldwide, comprising approx. 30% of total volume. Moreover, precious metal ore and concentrate consumption in China exceeded the figures recorded by the second-largest consumer, the United States, sevenfold. Kyrgyzstan ranked third in terms of total consumption with a 4.3% share.
What are the largest producers of precious metal ores and concentrates in the world?
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The countries with the highest volumes of production in 2021 were Kyrgyzstan, Peru and Australia, together comprising 20% of global production. Russia, the United States, Brazil, India, Indonesia, Pakistan, Mexico, Bangladesh, Ecuador and Turkey lagged somewhat behind, together accounting for a further 37%.
What are the leading suppliers of precious metal ores and concentrates to China?
+
In value terms, Peru, Mexico and Russia constituted the largest precious metal ore and concentrate suppliers to China, together comprising 55% of total imports. These countries were followed by Australia, Canada, Kazakhstan, Turkey, Bulgaria, Spain, Ecuador, Greece, Mongolia and Democratic People's Republic of Korea, which together accounted for a further 27%.
What are the leading importers of precious metal ores and concentrates from China?
+
In value terms, Hong Kong SAR remains the key foreign market for precious metal ore and concentrate exports from China, comprising 62% of total exports. The second position in the ranking was taken by South Korea, with a 28% share of total exports. It was followed by Japan, with a 4.1% share.
What is the average export price for precious metal ores and concentrates in China?
+
The average export price for precious metal ores and concentrates stood at $4,189 per ton in 2021, rising by 44% against the previous year.
What is the average import price for precious metal ores and concentrates in China?
+
The average import price for precious metal ores and concentrates stood at $2,495 per ton in 2021, picking up by 11% against the previous year.

This report provides an in-depth analysis of the market for precious metal ore and concentrate in China. 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 07291400 - Precious metal ores and concentrates
Country coverage:

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in China
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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