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

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France: Gold Market 2022

Gold Market Size in France

In 2021, the French gold market decreased by -X% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption, however, recorded a mild expansion. Gold consumption peaked at $X in 2020, and then fell remarkably in the following year.

Gold Production in France

In value terms, gold production declined slightly to $X in 2021 estimated in export price. In general, production posted prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Gold Exports

Exports from France

Gold exports from France totaled X tons in 2021, picking up by X% against the previous year's figure. Over the period under review, exports, however, recorded a pronounced curtailment. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, gold exports skyrocketed to $X in 2021. Overall, exports, however, saw a pronounced decline. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Spain (X tons), Italy (X tons) and Switzerland (X tons) were the main destinations of gold exports from France, with a combined X% share of total exports. These countries were followed by Germany, the United States and Portugal, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Switzerland ($X) and Italy ($X) appeared to be the largest markets for gold exported from France worldwide, together comprising X% of total exports.

Switzerland, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average gold export price amounted to $X per kg, picking up by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X%. As a result, the export price reached the peak level of $X per kg. From 2019 to 2021, the the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Spain ($X per kg), while the average price for exports to Germany ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Gold Imports

Imports into France

In 2021, after four years of growth, there was significant decline in overseas purchases of gold, when their volume decreased by -X% to X tons. Overall, imports, however, showed a notable expansion. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2020, and then dropped sharply in the following year.

In value terms, gold imports surged to $X in 2021. Over the period under review, imports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in the near future.

Imports by Country

Spain (X tons), Germany (X tons) and Switzerland (X tons) were the main suppliers of gold imports to France, with a combined X% share of total imports. Italy, the UK, Cuba and the United States lagged somewhat behind, together comprising a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Cuba (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest gold suppliers to France were Switzerland ($X), Spain ($X) and Germany ($X), with a combined X% share of total imports.

Spain, with a CAGR of +X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average gold import price amounted to $X per kg, picking up by X% against the previous year. Overall, the import price showed a buoyant increase. Over the period under review, average import prices hit record highs at $X per kg in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Switzerland ($X per kg), while the price for Cuba ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+X%), 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 gold in the world?

Rwanda remains the largest gold consuming country worldwide, comprising approx. 48% of total volume. Moreover, gold consumption in Rwanda exceeded the figures recorded by the second-largest consumer, India, sixfold. The United Arab Emirates ranked third in terms of total consumption with a 6% share.

What are the largest producers of gold in the world?

The countries with the highest volumes of production in 2021 were the United Arab Emirates, the United States and the UK, together comprising 29% of global production. Hong Kong SAR, Peru, Russia, Argentina, South Africa, China, Australia, Thailand, Mexico and Japan lagged somewhat behind, together accounting for a further 39%.

What are the leading suppliers of gold to France?

In value terms, Switzerland, Spain and Germany were the largest gold suppliers to France, together comprising 82% of total imports.

What are the leading importers of gold from France?

In value terms, the largest markets for gold exported from France were Spain, Switzerland and Italy, together accounting for 94% of total exports.

What is the average export price for gold in France?

The average gold export price stood at $41,704 per kg in 2021, surging by 4.5% against the previous year.

What is the average import price for gold in France?

The average gold import price stood at $32,746 per kg in 2021, rising by 188% against the previous year.

This report provides an in-depth analysis of the gold market in France. 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:

• France

Data coverage:

• Market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Trade (exports and imports) in France

• 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