Key Market Indicators
Luxembourg's exports of silver skyrocketed by a staggering 3,900% in 2018, rising to 80.5 kilograms from just 2 kilograms the year before. This is despite a 44% decrease in supply since 2005. Meanwhile, imports of silver to Luxembourg plummeted by 91.5% to $66,460 in 2018, compared to $781,870 in 2017. This is a 45.8% decrease since 2004. Luxembourg fell to 68th place in the silver import rankings, overtaken by Trinidad and Tobago at $66,460. The United States, United Kingdom and Japan came in 2nd, 3rd and 4th, respectively.