Key Market Indicators
Filipina silver exports are projected to drop to 12,000 kilograms by 2026, a decrease of 0.9% per year since 2021. Since 2005, supplies of silver in the Philippines have declined by 38%. Imports of silver to the Philippines are expected to reach $3.6 million in 2026, an increase of 4.2% annually since 2021. Since 2012, demand for silver in the Philippines has risen by 0.1%. In 2021, the Philippines ranked 38th, with Saudi Arabia surpassing them at $2.8 million. The United States, the United Kingdom and Japan were the second, third and fourth highest ranked countries respectively.
