Key Market Indicators
Mongol silver export is expected to reach 2,700 kilograms by 2026, up from 2,200 kilograms in 2021. This represents a 3.7% annual growth rate on average. Since 2017, Mongol silver supply has increased 8.6% on a yearly basis. Meanwhile, Mongol silver import is projected to reach $17,000 by 2026, up from $15,100 in 2021. This reflects an average 2.2% yearly increase. Since 2018, Mongol silver demand has risen 8.8% annually. In 2021, the country ranked 78th in terms of import value, overtaken by Senegal at $15,100. The United States, United Kingdom and Japan occupied the second, third and fourth spots, respectively.