Key Market Indicators
Russian silver exports are set to fall by 0.2% year-on-year on average, reaching 864,370 kilograms by 2026. In 2021, exports are estimated at 884,070 kilograms, an 11.9% year-on-year increase since 2017. Meanwhile, imports to Russia are expected to grow 2.4% on an annual basis, reaching $1,557,100 by 2026. In 2021, imports should total $1,365,300, a 27.6% year-on-year increase since 2017. Russia was the 45th largest importer of silver in 2021, with Bahrain in the lead at $1,365,300. The United States, United Kingdom and Japan followed, securing the 2nd, 3rd and 4th spots, respectively.
