# Of Precious Metal (Excluding Silver) buyer markets and demand...

China, Hong Kong Special Administrative Region is the largest reported buyer market in this view, with imports of $17.0B.

## Buyer market evidence

| Buyer market | Latest imports | 5-year growth | Suppliers | Leading supplier |
| --- | --- | --- | --- | --- |
| China, Hong Kong Special Administrative Region | $17.0B | +2% | 78 | China |
| United Arab Emirates | $15.8B | +2.9% | 90 | India |
| USA | $14.7B | +10% | 127 | India |
| Switzerland, Liechtenstein | $10.9B | -7.6% | 107 | France |
| France | $6.8B | +3% | 137 | Switzerland, Liechtenstein |
| Turkey | $6.7B | +36.9% | 72 | Italy |
| Singapore | $4.1B | +5.5% | 84 | Malaysia |
| China | $4.0B | +15.4% | 61 | France |
| Iraq | $3.9B | +9.5% | 16 | United Arab Emirates |
| United Kingdom | $3.3B | -8% | 94 | USA |
| Japan | $3.1B | +10.2% | 72 | France |
| India | $2.7B | +28.7% | 64 | Indonesia |
| Qatar | $2.2B | +11.3% | 47 | United Arab Emirates |
| Italy | $2.1B | +3.6% | 98 | France |
| Saudi Arabia | $1.8B | +10.3% | 57 | United Arab Emirates |
| China, Macao SAR | $1.6B | +6.6% | 49 | China, Hong Kong Special Administrative Region |
| Germany | $1.6B | +6.3% | 131 | Switzerland, Liechtenstein |
| Taiwan | $1.4B | +18.1% | 52 | China, Hong Kong Special Administrative Region |
| Malaysia | $1.4B | +22.4% | 61 | United Arab Emirates |
| Kuwait | $1.3B | +14.5% | 44 | United Arab Emirates |
| Republic of Korea | $1.3B | +15.4% | 69 | France |
| Australia | $1.3B | +8.5% | 90 | France |
| Thailand | $1.3B | +11.6% | 75 | Thailand |
| Canada | $1.2B | +8% | 101 | USA |
| Netherlands | $1.2B | +33.6% | 87 | Turkey |
| Mexico | $992.4M | +21.9% | 54 | Turkey |
| Jordan | $913.2M | +13.2% | 31 | Indonesia |
| Austria | $786.7M | +36.4% | 82 | France |
| Ireland | $744.3M | +37.3% | 99 | Italy |
| Spain | $645.7M | +15.2% | 82 | France |
| Dominican Republic | $489.3M | +2.5% | 25 | USA |
| Kyrgyzstan | $448.2M | +39.7% | 19 | Turkey |
| Bahrain | $405.5M | -4.3% | 47 | United Kingdom |
| Israel | $398.0M | +10.2% | 47 | Italy |
| Libya | $371.8M | +6.1% | 8 | Turkey |

## Buyer market price evidence

| Buyer market | Year | Trade value | USD per ton |
| --- | --- | --- | --- |
| China, Hong Kong Special Administrative Region | 2023 | $20.5B | $95,225,589.47 |
| United Arab Emirates | 2023 | $15.2B | $48,734,768.79 |
| USA | 2023 | $12.6B | $27,772,896.51 |
| Switzerland, Liechtenstein | 2023 | $9.8B | $190,906,156.45 |
| France | 2023 | $4.8B | $13,512,137.66 |
| Singapore | 2023 | $4.7B | $27,862,744.63 |
| China | 2023 | $4.1B | $127,756,664.54 |
| Italy | 2023 | $2.8B | $48,056,828.89 |
| Iraq | 2023 | $2.7B | $54,439,598.31 |
| Japan | 2023 | $2.5B | $85,761,163.33 |
| Turkey | 2023 | $2.4B | $41,872,209.84 |
| United Kingdom | 2023 | $2.3B | $27,112,380.93 |
| India | 2023 | $1.5B | $44,881,215.12 |
| Germany | 2023 | $1.4B | $16,277,274.47 |
| Canada | 2023 | $1.3B | $23,480,718.99 |
| Saudi Arabia | 2023 | $1.3B | $46,278,698.39 |
| Australia | 2023 | $1.2B | $22,765,996.96 |
| China, Macao SAR | 2023 | $1.2B | $60,843,212.97 |
| Kuwait | 2023 | $1.2B | $67,659,155.38 |
| Malaysia | 2023 | $1.1B | $14,309,000.09 |

_Source: reported merchandise trade data. Updated 2026-08-14._