Key Market Indicators
In 2021, Malaysia ranked number 51 in this ranking. Norway was the leader with 186.21 Kilograms, followed by United States, the United Kingdom and Japan respectively in the second, third and fourth places. Malaysia's silver imports are forecasted to drop by 27.2% in the next five years, from $4.05 million in 2021 to $720,780 by 2026. Since 1994, silver imports to the country have decreased by 14.6% year on year. In 2021, Norway came in first place with $4.05 million, while the United States, the United Kingdom and Japan were ranked second, third and fourth respectively. Meanwhile, Malaysian silver exports are projected to increase by 3.1% year on year on average, reaching 223.45 kilograms by 2026 from 186.21 kilograms in 2021. Since 2008, the country's silver supply has dropped by 3.5%. Norway was the leading exporter in 2021 with 186.21 kilograms, followed by the United States, the United Kingdom and Japan in the second, third and fourth positions.
