Key Market Indicators
Australia imported 17.9 million dollars' worth of silver in 2021, a 2.9% decrease compared to the previous year. This places Australia 19th in the world rankings, behind Spain (21.5 million dollars). The United States, the United Kingdom and Japan came in second, third and fourth place respectively. Since 1993, Australian demand for silver has decreased by 9.7% annually. In 2018, Australia exported 2,400 kilograms of silver, a significant 303% increase compared to the 595.86 kilograms exported the year prior. However, since 2005, Australian silver supply has decreased by 60.3% year on year.
