Key Market Indicators
The country was number 10 in 2021, China came ahead at $334,270,000. The United States, United Kingdom and Japan respectively came in numbers 2, 3 and 4 in this ranking. Italy is set to experience a 1% year-on-year decrease in its silver imports by 2026, when they are projected to reach $310 million. This is down from $334 million in 2021. Since 1999, demand for silver in Italy has increased by an average of 1.9% annually. The country ranked 9th in 2021, with China topping the list at $334 million. The United States, the United Kingdom, and Japan ranked 2nd, 3rd, and 4th respectively. Italy's silver exports are also projected to drop by 1.6% year-on-year to 197,500 kilograms by 2026. This is a decrease from 219,760 kilograms in 2021. Since 2005, the country has seen a 9.4% decrease annually in its silver supply. In 2021, Italy ranked 10th, with China again leading the way at $334 million. The United States, the United Kingdom, and Japan took 2nd, 3rd, and 4th places in the ranking.