SEARCH   
MEMBER LOGIN      
Forgot Password?

Precious Metals Production in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Precious Metals Production Market Research Report | SIC C24.410 | Mar 2017

Going for gold: Global political uncertainty is likely to boost industry revenue in 2016-17

IBISWorld’s Precious Metals Production market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Baird & Co Ltd Baird & Co Ltd market share
JBR Recovery Ltd JBR Recovery Ltd market share
Johnson Matthey Plc Johnson Matthey Plc market share
The Royal Mint Ltd The Royal Mint Ltd market share
Industry Statistics & Market Size
Revenue
£519m
Annual Growth 12-17
-15.9%
Annual Growth 17-22
Purchase to read more
Profit
Purchase to read more
Employment
658
Businesses
53
Industry Threats & Opportunities
  • Profit margins have fallen over the past five years owing to declining precious metal prices
  • Tightening EU emissions standards have increased demand for platinum
  • Plans across Europe to ban the use of diesel vehicles is expected to boost demand for palladium
  • ... purchase to read more

Industry Analysis & Industry Trends

Since there are currently no commercial precious metal mines in the United Kingdom, operators in the Precious Metals Production industry recycle gold, silver and platinum group metals from a range of materials. Platinum group metals sales are heavily influenced by the automotive industry as the commodity is used to manufacture catalytic converters, which help to clean exhaust gases. In general, platinum is used in the catalysts for diesel vehicles and palladium for petrol vehicles. Gold and silver are both used to make jewellery and have a variety of industrial uses, but they are also popular with investors, who consider them a safe haven for their money when returns elsewhere are uncertain... purchase to read more

Industry Report - Industry Locations Chapter

Operators in the Precious Metals production industry are mainly found in London and the West Midlands. No other region has more than 10% of industry establishments.

London

London has the highest proportion of industry establishments, at an estimated 33.5% in the current year. London has long been a focus of both domestic and global trade in precious metals, so melt shops and other refining facilities were established there to be close to the physical market of precious metals. Some of those facilities, including those owned by Baird & Co and Johnson Matthey, still operate in central London. London offers excellent access to airports and seaports, which is important given the industry's high dependence on trade.

.. purchase to read more

Additional Insights for the Precious Metals Production Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Precious Metals Production Industry are

  • Access to high quality inputs
  • Effective quality control
  • Having contacts within key markets
  • IBISWorld analysts also discuss how external factors such as Demand from jewellery manufacturing and World price of platinum in the Precious Metals Production industry impact industry performance... purchase to read more

     


    Industry ProductsRelated Reports

    What is the Precious Metals Production Industry?

    Firms in this industry refine precious metals like gold, silver and platinum. They also produce precious metal alloys and offer plating services.

    Industry Products
    Refined gold and gold alloysRefined silver and silver alloysRefined platinum group metals and associated alloys
     
    Industry Activities
    Refining precious metals Recycling precious metalRolling or plating base metal with precious metalProducing precious metal alloys


    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Demand from jewellery manufacturing
  • World price of platinum
  • World price of gold
  • Demand from motor vehicle manufacturing
  • World price of silver
  • Current Performance
  • Movements in metal prices
  • Losing its shine
  • Platinum prices
  • Chart: Revenue Growth
  • Industry Outlook
  • Pricing pressure
  • Driving demand
  • A silver bullet
  • A local boost
  • Table: Precious Metals Production Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Precious Metals Production Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Motor Vehicle Manufacturing
  • Jewellery Manufacturing
  • Key Selling Industries
  • Consumers
  • Waste & Scrap Wholesaling
  • Products & Services
  • Refined platinum group metals and associated alloys
  • Refined gold and gold alloys
  • Refined silver and silver alloys
  • Chart: Precious Metals Production Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Jewellery manufacturing
  • Investment
  • Industrial Production
  • Motor vehicle production
  • Other
  • Chart: Major Market Segmentation for the Precious Metals Production Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Precious Metals Production
  • Basis of Competition
  • Internal competition
  • External competition
  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Precious Metals Production Industry
  • Industry Globalization
    Major Companies
    Baird & Co Ltd
    The Royal Mint Ltd
    Johnson Matthey plc
    JBR Recovery Ltd
  • Table: Baird & Co Ltd - financial performance
  • Table: The Royal Mint Ltd - financial performance
  • Table: Johnson Matthey plc - financial performance
  • Table: JBR Recovery Ltd - financial performance
  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Precious Metals Production Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Precious Metals Production Industry
  • Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Jargon & Glossary
    Assaying
  • Analysis to determine composition, particularly the level of impurities.
  • Bullion
  • Smelted metal containing impurities that are removed during the refining process.
  • Flocert
  • The independent inspection and certification body for labelled Fairtrade products.
  • Platinum Group Metals
  • Also known as PGM, the main metals in this group are platinum and palladium. Other metals are rhodium, ruthenium, osmium and iridium.

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Precious Metals Production:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Precious Metals Production market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Precious Metals Production, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    View Sample
    Quote
    Select Clients
    Back to Top