Key Market Indicators
Spanish demand for silver is set to drop by 3.3% each year over the next five years. In 2021, Spain ranked 16th in the world for imports, lower than Austria, the United States, the United Kingdom and Japan. Since 1994, Spanish demand for silver has decreased by 11.4% each year. In 2018, the country exported 38,730 kilograms of silver, down 17.6% from the previous year and 35.9% since 2005.
