Key Market Indicators
Irish silver supply is set to decline over the next five years. In 2021, exports dropped to 113.28 kilograms, down 11.3% on the average year-on-year rate. Since 2011, supplies have decreased by 21.1%. Meanwhile, imports of silver into Ireland are set to decline 7.6% on average year-on-year to reach $173,310 by 2026. Since 1997, demand has dropped by 14.6%. In 2021, Ireland ranked 62nd in the world, with Lebanon overtaking it with $276,940. The United States, the United Kingdom, and Japan ranked second, third, and fourth, respectively.
