Precious metals in the UK - Statistics & Facts

After the economic crisis, the mine production of gold has been increasing steadily all over the world. In 2008, global gold production from mines accounted for 228,000 metric tons and rose over three thousand metric tons from 2015 onwards. China is the world's largest producer of gold from mines, with production reaching 420 metric tons in 2019. Gold production in the United Kingdom, by comparison, only amounted to six kilograms in 2016, the year for which the most recent data was available.

Silver production in the UK: also not a world leader

The total world production of silver from mines has seen a few fluctuations, but increased overall during the past decade totaling 27,000 metric tons in 2019. Of this amount, 6,300 metric tons was attributable to Mexico's silver mine production, thus Mexico is the world's largest silver producer. By contrast, UK silver production amounted to 14 kilograms in 2016, the most recent year that production data was available. This was down considerably from production in 2011, which peaked at 531 kilograms, or just over half of a metric ton.

How the UK fits into the global precious metals industry: imports

Since it is evident that the UK's precious metal production is not large enough to render them among the world's leading producing countries, trade plays an important part in the region's participation in this market, mainly in terms of imports. Import values of the various precious metals to the United Kingdom (UK) have increased over the past decade. For instance, with semi-manufactured gold figures reached 19 billion British pounds in 2018. Additionally, the value of the UK's silver waste and scrap imports increased more than two-fold from 2009 to 2018, totaling 831 million British pounds in 2018. That same year, nearly 1.47 billion British pounds worth of unwrought or partly worked platinum was shipped to the United Kingdom.

Key figures

The most important key figures provide you with a compact summary of the topic of "Precious metals in the UK" and take you straight to the corresponding statistics.

Precious metal imports

Precious metal exports

Interesting statistics

In the following 3 chapters, you will quickly find the {amountStatistics} most important statistics relating to "Precious metals in the UK".

Precious metals in the UK

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Precious metals in the UK - Statistics & Facts

After the economic crisis, the mine production of gold has been increasing steadily all over the world. In 2008, global gold production from mines accounted for 228,000 metric tons and rose over three thousand metric tons from 2015 onwards. China is the world's largest producer of gold from mines, with production reaching 420 metric tons in 2019. Gold production in the United Kingdom, by comparison, only amounted to six kilograms in 2016, the year for which the most recent data was available.

Silver production in the UK: also not a world leader

The total world production of silver from mines has seen a few fluctuations, but increased overall during the past decade totaling 27,000 metric tons in 2019. Of this amount, 6,300 metric tons was attributable to Mexico's silver mine production, thus Mexico is the world's largest silver producer. By contrast, UK silver production amounted to 14 kilograms in 2016, the most recent year that production data was available. This was down considerably from production in 2011, which peaked at 531 kilograms, or just over half of a metric ton.

How the UK fits into the global precious metals industry: imports

Since it is evident that the UK's precious metal production is not large enough to render them among the world's leading producing countries, trade plays an important part in the region's participation in this market, mainly in terms of imports. Import values of the various precious metals to the United Kingdom (UK) have increased over the past decade. For instance, with semi-manufactured gold figures reached 19 billion British pounds in 2018. Additionally, the value of the UK's silver waste and scrap imports increased more than two-fold from 2009 to 2018, totaling 831 million British pounds in 2018. That same year, nearly 1.47 billion British pounds worth of unwrought or partly worked platinum was shipped to the United Kingdom.

Interesting statistics

In the following 3 chapters, you will quickly find the {amountStatistics} most important statistics relating to "Precious metals in the UK".

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