Key Market Indicators
Singapore's silver exports are set to dip by almost 6% each year on average over the next five years. Since 2005, the country has seen an average annual decrease of 2.3%. Silver imports to Singapore are expected to increase by around 1.5% each year on average between 2021 and 2026. Since 1994, demand has grown by an average of 4.9% annually. In 2021, Singapore was the 11th largest importer of silver, with France leading the way at $106.5 million. The United States, the United Kingdom and Japan followed in that order.
