Feb 15, 2026
IndexBox has just published a new report: United Kingdom – Colloidal Precious Metals, Compounds And Amalgams Of Precious Metals (Excluding Silver Nitrate) – Market Analysis, Forecast, Size, Trends And Insights.
The UK market for colloidal precious metals, compounds, and amalgams (excluding silver nitrate) is forecast to grow modestly in volume (CAGR +0.3%) and value (CAGR +1.1%) from 2024 to 2035, reaching 880 tons and $1.8B respectively. In 2024, domestic consumption rose to 852 tons ($1.6B in value), while production surged 71% to 1.4K tons. Imports fell sharply to 93 tons ($73M), with Ireland, Switzerland, and Germany as the top value suppliers. Exports skyrocketed 307% to 664 tons ($1B), primarily to Belgium, though the average export price dropped significantly. The market shows strong domestic production recovery and shifting trade dynamics.
Key Findings
UK market forecast to reach 880 tons and $1.8B by 2035 with steady growthDomestic production rebounded sharply by 71% to 1.4K tons in 2024Imports fell 29% in volume, but average import price rose 40% to $787K per tonExports surged 307% in volume, though average export price collapsed by 70%Belgium is the dominant export destination by volume, while North Macedonia commands the highest export priceMarket Forecast
Driven by increasing demand for colloidal precious metals, compounds and amalgams of precious metals (excluding silver nitrate) in the UK, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +0.3% for the period from 2024 to 2035, which is projected to bring the market volume to 880 tons by the end of 2035.
In value terms, the market is forecast to increase with an anticipated CAGR of +1.1% for the period from 2024 to 2035, which is projected to bring the market value to $1.8B (in nominal wholesale prices) by the end of 2035.
ConsumptionUnited Kingdom’s Consumption of Colloidal Precious Metals, Compounds And Amalgams Of Precious Metals (Excluding Silver Nitrate)
Colloidal precious metals consumption in the UK expanded sharply to 852 tons in 2024, growing by 6.6% compared with 2023. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak volume of 1K tons. From 2020 to 2024, the growth of the consumption remained at a lower figure.
The revenue of the colloidal precious metals market in the UK surged to $1.6B in 2024, with an increase of 80% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). Over the period under review, consumption saw a mild increase. Colloidal precious metals consumption peaked at $3.4B in 2020; however, from 2021 to 2024, consumption stood at a somewhat lower figure.
ProductionUnited Kingdom’s Production of Colloidal Precious Metals, Compounds And Amalgams Of Precious Metals (Excluding Silver Nitrate)
After three years of decline, production of colloidal precious metals, compounds and amalgams of precious metals (excluding silver nitrate) increased by 71% to 1.4K tons in 2024. Overall, the total production indicated a temperate expansion from 2013 to 2024: its volume increased at an average annual rate of +3.6% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Colloidal precious metals production peaked at 1.4K tons in 2020; afterwards, it flattened through to 2024.
In value terms, colloidal precious metals production surged to $2.6B in 2024 estimated in export price. In general, production posted temperate growth. The pace of growth appeared the most rapid in 2015 with an increase of 70% against the previous year. Over the period under review, production attained the maximum level at $5B in 2021; however, from 2022 to 2024, production failed to regain momentum.
ImportsUnited Kingdom’s Imports of Colloidal Precious Metals, Compounds And Amalgams Of Precious Metals (Excluding Silver Nitrate)
In 2024, purchases abroad of colloidal precious metals, compounds and amalgams of precious metals (excluding silver nitrate) decreased by -29.1% to 93 tons, falling for the second year in a row after two years of growth. In general, imports showed a abrupt decline. The growth pace was the most rapid in 2022 with an increase of 286% against the previous year. As a result, imports attained the peak of 401 tons. From 2023 to 2024, the growth of imports failed to regain momentum.
In value terms, colloidal precious metals imports declined to $73M in 2024. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 when imports increased by 169% against the previous year. As a result, imports reached the peak of $157M. From 2023 to 2024, the growth of imports remained at a somewhat lower figure.
Imports By Country
Ireland (42 tons), Germany (30 tons) and the United States (5.8 tons) were the main suppliers of colloidal precious metals imports to the UK, together accounting for 82% of total imports. Spain, Switzerland, the Netherlands and Belgium lagged somewhat behind, together comprising a further 12%.
From 2013 to 2024, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +2.4%), while imports for the other leaders experienced a decline.
In value terms, the largest colloidal precious metals suppliers to the UK were Ireland ($30M), Switzerland ($18M) and Germany ($13M), together accounting for 83% of total imports.
In terms of the main suppliers, Ireland, with a CAGR of +13.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.
Import Prices By Country
In 2024, the average colloidal precious metals import price amounted to $786,975 per ton, rising by 40% against the previous year. Overall, the import price posted strong growth. The pace of growth appeared the most rapid in 2017 an increase of 80% against the previous year. Over the period under review, average import prices attained the maximum at $983,879 per ton in 2018; however, from 2019 to 2024, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2024, amid the top importers, the country with the highest price was Switzerland ($6,223,944 per ton), while the price for Spain ($81,051 per ton) was amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms of prices was attained by Ireland (+21.8%), while the prices for the other major suppliers experienced more modest paces of growth.
ExportsUnited Kingdom’s Exports of Colloidal Precious Metals, Compounds And Amalgams Of Precious Metals (Excluding Silver Nitrate)
In 2024, shipments abroad of colloidal precious metals, compounds and amalgams of precious metals (excluding silver nitrate) increased by 307% to 664 tons for the first time since 2020, thus ending a three-year declining trend. Over the period under review, exports enjoyed a strong expansion. The exports peaked at 832 tons in 2020; however, from 2021 to 2024, the exports failed to regain momentum.
In value terms, colloidal precious metals exports skyrocketed to $1B in 2024. Overall, exports recorded a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 113% against the previous year. The exports peaked at $1.9B in 2021; however, from 2022 to 2024, the exports failed to regain momentum.
Exports By Country
Belgium (493 tons) was the main destination for colloidal precious metals exports from the UK, with a 74% share of total exports. Moreover, colloidal precious metals exports to Belgium exceeded the volume sent to the second major destination, Germany (86 tons), sixfold. The third position in this ranking was held by Switzerland (29 tons), with a 4.4% share.
From 2013 to 2024, the average annual growth rate of volume to Belgium amounted to +55.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+2.1% per year) and Switzerland (-6.4% per year).
In value terms, Belgium ($430M) emerged as the key foreign market for colloidal precious metals, compounds and amalgams of precious metals (excluding silver nitrate) exports from the UK, comprising 42% of total exports. The second position in the ranking was taken by North Macedonia ($176M), with a 17% share of total exports. It was followed by France, with an 11% share.
From 2013 to 2024, the average annual rate of growth in terms of value to Belgium stood at +47.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: North Macedonia (+1.5% per year) and France (+0.6% per year).
Export Prices By Country
In 2024, the average colloidal precious metals export price amounted to $1,530,103 per ton, dropping by -70.2% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 105%. The export price peaked at $5,128,111 per ton in 2023, and then contracted rapidly in the following year.
There were significant differences in the average prices for the major overseas markets. In 2024, amid the top suppliers, the country with the highest price was North Macedonia ($23,290,380 per ton), while the average price for exports to Belgium ($872,592 per ton) was amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+28.3%), while the prices for the other major destinations experienced more modest paces of growth.
Source: IndexBox Market Intelligence Platform
This report provides a comprehensive view of the colloidal precious metals industry in the United Kingdom, tracking demand, supply, and trade flows across the national value chain. It explains how demand across key channels and end-use segments shapes consumption patterns, while also mapping the role of input availability, production efficiency, and regulatory standards on supply.
Beyond headline metrics, the study benchmarks prices, margins, and trade routes so you can see where value is created and how it moves between domestic suppliers and international partners. The analysis is designed to support strategic planning, market entry, portfolio prioritization, and risk management in the colloidal precious metals landscape in the United Kingdom.
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Key findings
Domestic demand is shaped by both household and industrial usage, with trade flows linking local supply to imports and exports.
Pricing dynamics reflect unit values, freight costs, exchange rates, and regulatory shifts that affect sourcing decisions.
Supply depends on input availability and production efficiency, creating a distinct national cost curve.
Market concentration varies by segment, creating different competitive landscapes and entry barriers.
The 2035 outlook highlights where capacity investment and demand growth are most aligned within the country.
Report scope
The report combines market sizing with trade intelligence and price analytics for the United Kingdom. It covers both historical performance and the forward outlook to 2035, allowing you to compare cycles, structural shifts, and policy impacts.
Market size and growth in value and volume terms
Consumption structure by end-use segments
Production capacity, output, and cost dynamics
Trade flows, exporters, importers, and balances
Price benchmarks, unit values, and margin signals
Competitive context and market entry conditions
Product coverageProdcom 20135185 – Colloidal precious metals, compounds and amalgams of precious metals (excluding silver nitrate)Country coverageCountry profile and benchmarks
This report provides a consistent view of market size, trade balance, prices, and per-capita indicators for the United Kingdom. The profile highlights demand structure and trade position, enabling benchmarking against regional and global peers.
Methodology
The analysis is built on a multi-source framework that combines official statistics, trade records, company disclosures, and expert validation. Data are standardized, reconciled, and cross-checked to ensure consistency across time series.
International trade data (exports, imports, and mirror statistics)
National production and consumption statistics
Company-level information from financial filings and public releases
Price series and unit value benchmarks
Analyst review, outlier checks, and time-series validation
All data are normalized to a common product definition and mapped to a consistent set of codes. This ensures that comparisons across time are aligned and actionable.
Forecasts to 2035
The forecast horizon extends to 2035 and is based on a structured model that links colloidal precious metals demand and supply to macroeconomic indicators, trade patterns, and sector-specific drivers. The model captures both cyclical and structural factors and reflects known policy and technology shifts in the United Kingdom.
Historical baseline: 2012-2025
Forecast horizon: 2026-2035
Scenario-based sensitivity to income growth, substitution, and regulation
Capacity and investment outlook for major producing companies
Each projection is built from national historical patterns and the broader regional context, allowing the report to show where growth is concentrated and where risks are elevated.
Price analysis and trade dynamics
Prices are analyzed in detail, including export and import unit values, regional spreads, and changes in trade costs. The report highlights how seasonality, freight rates, exchange rates, and supply disruptions influence pricing and margins.
Price benchmarks by country and sub-region
Export and import unit value trends
Seasonality and calendar effects in trade flows
Price outlook to 2035 under baseline assumptions
Profiles of market participants
Key producers, exporters, and distributors are profiled with a focus on their operational scale, geographic footprint, product mix, and market positioning. This helps identify competitive pressure points, partnership opportunities, and routes to differentiation.
Business focus and production capabilities
Geographic reach and distribution networks
Cost structure and pricing strategy indicators
Compliance, certification, and sustainability context
How to use this report
Quantify domestic demand and identify the most attractive segments
Evaluate export opportunities and prioritize target destinations
Track price dynamics and protect margins
Benchmark performance against leading competitors
Build evidence-based forecasts for investment decisions
This report is designed for manufacturers, distributors, importers, wholesalers, investors, and advisors who need a clear, data-driven picture of colloidal precious metals dynamics in the United Kingdom.
FAQ
What is included in the colloidal precious metals market in the United Kingdom?
The market size aggregates consumption and trade data, presented in both value and volume terms.
How are the forecasts to 2035 built?
The projections combine historical trends with macroeconomic indicators, trade dynamics, and sector-specific drivers.
Does the report cover prices and margins?
Yes, it includes export and import unit values, regional spreads, and a pricing outlook to 2035.
Which benchmarks are included?
The report benchmarks market size, trade balance, prices, and per-capita indicators for the United Kingdom.
Can this report support market entry decisions?
Yes, it highlights demand hotspots, trade routes, pricing trends, and competitive context.