U.S.: Gold Ore Market 2020

Gold Ore Market Size in the USA

The revenue of the gold ore market in the U.S. amounted to $X in 2017, jumping by X% against the previous year. In general, gold ore consumption continues to indicate a remarkable growth. The growth pace was the most rapid in 2013, with an increase of X% year-to-year. In that year, the gold ore market reached their peak level of $X. From 2014 to 2017, growth of the gold ore market stood at a somewhat lower level.

Gold Ore Production in the USA

In 2017, the amount of gold ores and concentrates produced in the U.S. stood at X kg, leveling off at the previous year. In general, gold ore production continues to indicate a relatively flat trend pattern.

Gold Ore Exports in the USA

In 2017, exports of gold ores and concentrates from the U.S. totaled X tons, reducing by -X% against the previous year. In general, gold ore exports continue to indicate a significant downturn. The pace of growth appeared the most rapid in 2010, with an increase of X% year-to-year. The U.S. exports peaked of X tons in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

In value terms, gold ore exports amounted to $X in 2017. In general, gold ore exports continue to indicate a prominent increase. Over the period under review, the gold ore exports reached its maximum level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Gold Ore Exports by Country in the USA

In 2017, Australia (X tons) was the key exporter for gold ores and concentrates, making up X% of total exports. Russia (X tons) occupied a X% share (based on tons) of total exports, which put it in second place, followed by Turkey (X%) and Tanzania (X%). Greece (X tons), Ecuador (X tons), Papua New Guinea (X tons), Peru (X tons), Malaysia (X tons) and Spain (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Greece (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) remains the largest gold ore supplier from the U.S., making up X% of global exports. The second position in the ranking was occupied by Russia ($X), with a X% share of global exports. It was followed by Tanzania, with a X% share.

In Australia, gold ore exports increased at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Russia (+X% per year) and Tanzania (+X% per year).

Gold Ore Export Prices by Country in the USA

In 2017, the gold ore export price in the U.S. amounted to $X thousand per kg, growing by X% against the previous year. In general, gold ore export price continues to indicate a strong increase. The growth pace was the most rapid in 2013, an increase of X% y-o-y. In that year, the export prices for gold ores and concentrates attained their peak level of $X thousand per kg. From 2014 to 2017, growth of the export prices for gold ores and concentrates stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Tanzania ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Greece (+X% per year), while the other leaders experienced more modest paces of growth.

Gold Ore Imports in the USA

In 2017, approx. X tons of gold ores and concentrates were imported into the U.S.; dropping by -X% against the previous year. Overall, gold ore imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009, with an increase of X% y-o-y. Over the period under review, the gold ore imports reached its peak figure volume of X tons in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

In value terms, gold ore imports totaled $X in 2017. Overall, gold ore imports continue to indicate a relatively flat trend pattern. The U.S. imports peaked of $X in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Gold Ore Imports by Country in the USA

In 2017, South Korea (X tons), distantly followed by China (X tons), the UK (X tons) and Mexico (X tons) were the largest importers of gold ores and concentrates, together creating X% of total imports. The Philippines (X tons), Kazakhstan (X tons), Belgium (X tons) and India (X tons) occupied the mild share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported gold ores and concentrates into the U.S., making up X% of global imports. The second position in the ranking was occupied by the UK ($X), with a X% share of global imports. It was followed by South Korea, with a X% share.

In China, gold ore imports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: the UK (-X% per year) and South Korea (+X% per year).

Gold Ore Import Prices by Country in the USA

In 2017, the gold ore import price in the U.S. amounted to $X per kg, reducing by -X% against the previous year. Overall, gold ore import price continues to indicate a relatively flat trend pattern. Over the period under review, the import prices for gold ores and concentrates reached its maximum level of $X per kg in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was the Philippines ($X per kg), while Mexico ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the Philippines (+X% per year), while the other leaders experienced mixed trends in the import price figures.

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Source: IndexBox Platform