Key Market Indicators
Egyptian imports of silver are set to reach $13.7 million by 2026, a 5.1% year-on-year growth from 2021. Since 1999, Egyptian demand has grown by 119.4%. The country ranked 29th in 2021, while South Korea topped the list with $10.2 million. The United States, the United Kingdom and Japan came in second, third and fourth, respectively. Egyptian silver exports reached 228.65 kilograms in 2018, a 25,530% increase from 2017's 0.89 kilograms. Since 2010, Egyptian supply has decreased by 22.7% year-on-year.