The market is dominated by foreign suppliers, as imports account for 66.3% of total market size in 2020. B2B drives market demand, with B2B spending representing 98.3% of total demand in 2020. The UK has the seventh largest market size for basic precious and non-ferrous metals in the region, with demand reaching USD11.4 billion in 2020. Johnson Matthey Plc is the largest company in the UK, generating 43.3% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 46.6% of total production value in 2020. The total number of companies increases in 2020, to 743 units. The costs of the industry decrease by 11.5% in 2020, largely driven by declining B2B costs. The industry’s profitability increases and stands at 7.1% of production value in 2020, the fourth highest in the region. The industry’s exports share decreases in 2020 to 66.0% of total production output. With production value of USD7.7 billion, the UK accounts for 5.4% of the Western Europe total in 2020.
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This Euromonitor industrial report provides unique information on Basic Precious and Non-ferrous Metals in the UK: ISIC 272. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Basic Precious and Non-ferrous Metals in the UK: ISIC 272 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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