Key Market Indicators
Colombia was number 44 in 2021, Latvia overtook at 4,420 Kilograms. The United States, Canada and Germany respectively ranked numbers 1, 2 and 3 in this ranking. Colombia's silver imports are set to reach almost $4 million by 2026, according to a recent report. This marks an increase of 1.5% on the previous year. Since 1996, Colombian demand for silver has grown 38% annually. In 2021, Colombia was 37th in the world rankings, behind Slovakia at $3.6 million. The United States, the United Kingdom and Japan ranked 2nd, 3rd and 4th respectively. Colombia's silver exports, meanwhile, are expected to dip to 3,260 kilograms by 2026, down 4.9% on the previous year. Since 2005, Colombian supply has dropped 7.2% annually. In 2021, Colombia was 44th in the world rankings, behind Latvia at 4,420 kilograms. The United States, Canada and Germany came in 1st, 2nd and 3rd place respectively.
