Key Market Indicators
Oman's silver exports plummeted 86% in 2021, down to 1,300 kilograms from 9,310 kilograms the previous year. Since 2014, the country's silver supply has decreased 46% on average each year. Oman's silver imports are projected to reach $23 million by 2026, up from $18 million in 2021. This amounts to an average annual growth of 4.6%. Since 1994, the country's silver demand has increased 182%. In 2021, Oman ranked 20th in the world for silver imports, while the Czech Republic came in at first with $18 million. The United States, United Kingdom, and Japan followed at second, third, and fourth respectively.
