Key Market Indicators
The country came in number 24 in 2021, the United Arab Emirates topped the ranking with 3,870,900 Kilograms. Germany, the United States and India respectively ranked numbers 2, 3 and 4 in this ranking. Mexican silver imports are projected to drop 16.9% in the next five years, from $10.6 million in 2021 to around $3.7 million by 2026. This follows a 1.5% year-on-year rise since 1995. Qatar was the biggest importer in 2021, with the US, UK and Japan in second, third and fourth place respectively. Meanwhile, Mexican silver exports are forecast to shrink 4.3% between 2021 and 2026, from 3.9 million kilograms to around 2.9 million. Since 2005, the country's supply has dropped 29.1% year-on-year. The UAE topped the export ranking in 2021, followed by Germany, the US and India.
