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Global Gold scrap Market 2026: world trade, top exporters and key figures

World exports of gold scrap (HS 711291) reached $15.04 billion in 2024, 25% more than in 2019. The United States was the largest exporter with 27% of the world total, and Canada was the largest buyer.

+25% since 2019

World exports were 25% higher in 2024 than in 2019 ($12.01 billion), calculated from the annual totals

27% of world exports

The United States was the largest exporter in 2024, with 27% of world exports ($4.09 billion)

47% of world exports

The three largest exporters, the United States, Indonesia and Hong Kong

What this market covers

Waste and scrap of gold or gold clad metal, used mainly for metal recovery.

Typical segments

  • Jewellery scrap
  • Electronic scrap
  • Dental scrap
  • Gold bearing sweepings
ChartWorld exports of HS 711291, USD billion
World exports of HS 711291, USD billion051015202017: 9.22 USD billion9.2220172018: 8.54 USD billion20182019: 12 USD billion20192020: 11.9 USD billion20202021: 8.78 USD billion20212022: 10.3 USD billion20222023: 14.1 USD billion20232024: 15 USD billion152024

Why this market is moving now

  • World trade grew 25% from 2019 to 2024, a direct read on cross-border demand.

Key figures

Global figures for this market, with the year each one describes. Use Cite to copy a reference to this page.

FigureValueYearCite
World exports of gold scrap (HS 711291) were worth $15.04 billion in 2024.15.04 USD billion2024
World exports were 25% higher in 2024 than in 2019 ($12.01 billion), calculated from the annual totals.+25 % since 20192024
The United States was the largest exporter in 2024, with 27% of world exports ($4.09 billion).27 % of world exports2024
The three largest exporters, the United States, Indonesia and Hong Kong, shipped 47% of world exports in 2024.47 % of world exports2024
Canada was the largest importer in 2024, buying $3.98 billion, or 26% of world imports.26 % of world imports2024
72 countries exported more than $1 million of this product in 2024.72 countries2024
The average world export price was about $11,700.29 per kilogram in 2024, calculated from value and weight.11,700.29 USD per kg2024
Countries exported 1.3 thousand tonnes of this product in 2024.1.3 thousand tonnes2024

Calculated figures (shares, changes and prices per kilogram) are plain arithmetic on the reported values. Read how we work.

Buyers and suppliers

Who buys

  • Refiners
  • Jewellers
  • Recyclers

Largest exporting countries, 2024

  1. United States4,085.7 USD million
  2. Indonesia2,029.3 USD million
  3. Hong Kong1,018.1 USD million
  4. United Kingdom975.9 USD million
  5. France801.5 USD million
  6. Japan733.1 USD million
  7. Philippines731.3 USD million
  8. Singapore611.5 USD million
  9. Thailand519.3 USD million
  10. Belgium302.2 USD million

Largest importing countries, 2024

  1. Canada3,982.9 USD million
  2. Switzerland3,024.2 USD million
  3. Hong Kong1,722.0 USD million
  4. Spain1,544.6 USD million
  5. Germany1,115.6 USD million
  6. Singapore842.7 USD million
  7. United Arab Emirates662.5 USD million
  8. United States510.9 USD million
  9. Italy362.3 USD million
  10. Japan333.4 USD million

What the full report covers

  1. 01Executive summary
    The answer in one page: size, direction and what moves it
  2. 02Market definition and scope
    What is in and out of the global market
  3. 03Global market size, 2021 to 2025
    Historical series and growth rates
  4. 04Countries and regions
    Demand, supply and trade by country and region
  5. 05Outlook to 2031
    Base, low and high scenarios with stated assumptions
  6. 06Rules, policy and deadlines
    Regulation and programmes that change demand
  7. 07Drivers and barriers
    What accelerates or slows adoption, by customer segment
  8. 08Prices, costs and margins
    Unit economics where public data allows
  9. 09Competitive landscape
    8 to 12 company profiles with recent moves
  10. 10Opportunities and risks
    For new entrants, suppliers and investors
  11. 11Method and assumptions
    How every figure was built

Included with the full report

  • PDF report, 40 to 60 pages
  • Excel data pack
  • Ready-to-use charts
  • Method note and assumptions
  • Written to order in 5 working days
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Frequently asked questions

How big is the global gold scrap market?

There is no single official market total. World exports of HS 711291 reached $15.04 billion in 2024, a direct measure of cross-border trade.

Which countries export the most gold scrap?

The United States led world exports in 2024 with 27% of the total, followed by Indonesia, Hong Kong and the United Kingdom.

Which countries import the most gold scrap?

Canada was the largest importer in 2024, followed by Switzerland, Hong Kong and Spain.

Is world trade in gold scrap growing?

World exports were 25% higher in 2024 than in 2019.

What is the average export price of gold scrap?

Dividing world export value by weight gives about $11,700.29 per kilogram in 2024.

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