Key Market Indicators
British silver imports are expected to decrease by around 5.5% annually to reach $1.18 billion by 2026. This follows a 5.4% year-on-year decrease since 1998. In 2021, the UK was the third largest importer of silver, behind the US ($1.66 billion) and Japan ($1.06 billion). Silver exports from the UK are estimated to decrease by 13.8% annually to reach 460,620 kilograms by 2026. This follows a 4.6% year-on-year decrease since 2005.