Barbados Silver Industry Outlook 2021

See how Barbados Silver performed compared to key markets such as India, the United States and the United Kingdom.

Key Market Indicators

The country stands at number 111 in 2021, with Paraguay placed ahead with 12.69 Kilograms. The United States, the United Kingdom and Japan respectively were numbers 2, 3 and 4 in this ranking. Barbadian silver imports fell 44.9% to $28.35 million in 2021, compared to $51.46 million in 2020. Since 2003, demand has dropped 8.8% annually. The country ranked 101st in 2021, with Paraguay coming in ahead at $28.35 million. The United States, the United Kingdom and Japan took the top spots. Barbadian silver exports are predicted to reach 12.69 kilogrammes in 2026, up from 10.53 kilogrammes in 2021, growing 3.4% annually on average. Since 2016, the country’s supply has increased 5.7% each year. In 2021, Barbados was in 111th place, with Paraguay ahead at 12.69 kilogrammes. The United States, the United Kingdom and Japan followed close behind.

Barbados Silver Market Data and Forecasts

How much will Barbados Silver Market grow?

Forecast: Export of Silver in Unwrought Forms from Barbados

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