Report World - Gold - Market Analysis, Forecast, Size, Trends and Insights for 499$
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World - Gold - Market Analysis, Forecast, Size, Trends and Insights
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Global Gold Market 2022

Gold Market Size

For the fifth consecutive year, the global gold market recorded growth in sales value, which increased by X% to $X in 2021. In general, consumption recorded a strong increase. Over the period under review, the global market attained the maximum level in 2021 and is expected to retain growth in years to come.

Gold Production

In value terms, gold production contracted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Global production peaked at $X in 2020, and then dropped in the following year.

Gold Exports

Exports

In 2021, shipments abroad of gold was finally on the rise to reach X tons for the first time since 2016, thus ending a four-year declining trend. Over the period under review, exports, however, saw a noticeable decrease. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, the global exports attained the peak figure at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, gold exports totaled $X in 2021. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. The global exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Switzerland (X tons), distantly followed by the UK (X tons), Hong Kong SAR (X tons), the United States (X tons), the United Arab Emirates (X tons), South Africa (X tons) and Peru (X tons) represented the key exporters of gold, together constituting X% of total exports. Singapore (X tons), Russia (X tons), Australia (X tons), Canada (X tons), Japan (X tons) and Ghana (X tons) took a minor share of total exports.

Exports from Switzerland decreased at an average annual rate of -X% from 2012 to 2021. At the same time, Singapore (+X%), Russia (+X%), Ghana (+X%), South Africa (+X%), Japan (+X%) and Peru (+X%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2012-2021. Australia and Canada experienced a relatively flat trend pattern. By contrast, the UK (-X%), the United States (-X%), Hong Kong SAR (-X%) and the United Arab Emirates (-X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Singapore, Russia, South Africa and Peru increased by +X, +X, +X and +X percentage points, respectively. Hong Kong SAR (-X p.p.), Switzerland (-X p.p.) and the United Arab Emirates (-X p.p.) saw their shares reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Switzerland ($X) remains the largest gold supplier worldwide, comprising X% of global exports. The second position in the ranking was held by the UK ($X), with a X% share of global exports. It was followed by Hong Kong SAR, with a X% share.

From 2012 to 2021, the average annual growth rate of value in Switzerland amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: the UK (+X% per year) and Hong Kong SAR (-X% per year).

Export Prices by Country

In 2021, the average gold export price amounted to $X per kg, leveling off at the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2020 when the average export price increased by X% against the previous year. The global export price peaked in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+X%), while the other global leaders experienced more modest paces of growth.

Gold Imports

Imports

In 2021, global imports of gold surged to X tons, growing by X% against 2020. In general, imports recorded a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, gold imports reached $X in 2021. The total import value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, global imports reached the maximum in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

In 2021, Rwanda (X tons) was the key importer of gold, creating X% of total imports. Switzerland (X tons) ranks second in terms of the total imports with a X% share, followed by India (X%), the UK (X%) and China (X%). The following importers - Hong Kong SAR (X tons) and Canada (X tons) - together made up X% of total imports.

Rwanda was also the fastest-growing in terms of the gold imports, with a CAGR of +X% from 2012 to 2021. At the same time, the UK (+X%) and India (+X%) displayed positive paces of growth. Switzerland experienced a relatively flat trend pattern. By contrast, Canada (-X%), Hong Kong SAR (-X%) and China (-X%) illustrated a downward trend over the same period. Rwanda (+X p.p.) and China (+X p.p.) significantly strengthened its position in terms of the global imports, while Canada, India, Hong Kong SAR and Switzerland saw its share reduced by -X%, -X%, -X% and -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Switzerland ($X), India ($X) and the UK ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined X% share of global imports. China, Hong Kong SAR, Canada and Rwanda lagged somewhat behind, together accounting for a further X the main importing countries, Rwanda, with a CAGR of +X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average gold import price stood at $X per kg in 2021, dropping by -X% against the previous year. Overall, the import price showed a abrupt shrinkage. The growth pace was the most rapid in 2020 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per kg, and then declined sharply in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the UK ($X per kg), while Rwanda ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Rwanda (+X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 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 third position in this ranking was taken by the United Arab Emirates, 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, with a combined 29% share of global production. Hong Kong SAR, Peru, Russia, Argentina, South Africa, China, Australia, Thailand, Mexico and Japan lagged somewhat behind, together comprising a further 39%.
What are the leading suppliers of gold in the world?
+
In value terms, Switzerland remains the largest gold supplier worldwide, comprising 21% of global exports. The second position in the ranking was taken by the UK, with a 10% share of global exports. It was followed by Hong Kong SAR, with a 7.6% share.
What are the leading importers of gold in the world?
+
In value terms, the largest gold importing markets worldwide were Switzerland, India and the UK, with a combined 51% share of global imports. These countries were followed by China, Hong Kong SAR, Canada and Rwanda, which together accounted for a further 21%.
What is the average export price for gold in the world?
+
The average gold export price stood at $50,184 per kg in 2021, approximately reflecting the previous year.
What is the average import price for gold in the world?
+
In 2021, the average gold import price amounted to $22,565 per kg, which is down by -53.3% against the previous year.

This report provides an in-depth analysis of the global gold market. 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)

Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Company coverage:
Newmont Goldcorp, Barrick Gold, Franco-Nevada, Polyus Gold, Agnico Eagle Mines Limited, Newcrest Mining, Gold Fields, Kinross Gold, AngloGold Ashanti, Yamana Gold, Eldorado Gold, Goldcorp, Harmony Gold, China National Gold Group Corporation, Shandong Gold Group, Shanghai Construction Group, Sino Gold Mining, Lingbao Gold, Zhaojin Mining, Zijin Mining

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
CONSUMPTION BY COUNTRY
3.3
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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2021
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2018–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
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