Key Market Indicators
The country ranked number 14 in 2021, Singapore came ahead at 81,370 Kilograms. The United States, the United Kingdom and Japan respectively ranked numbers 2, 3 and 4 in this ranking. Silver imports to the UAE are forecast to drop by 40.6% in the next five years, from $74.9 million in 2021 to $4.65 million in 2026. Since 2012, annual demand for silver has increased by 5.1%. The UAE ranked 14th in 2021, behind Singapore, the US, the UK and Japan. Silver exports from the UAE are predicted to fall by 10.3% over the next five years, from 153,150 kilograms in 2021 to 81,370 kilograms in 2026. Since 2012, the country's supply of silver has grown by 8.3%. In 2021, the UAE was 14th in the ranking, behind Singapore, the US, the UK and Japan.