In 2023, Germany led global exports of base metals clad with silver, contributing 37.7% to the market. The United States and Japan followed with 24.52% and 16.58%, respectively. France, Italy, China, and South Korea formed the next tier of exporters. Significant year-on-year growth was observed in Canada (67.17%), Greece (63.44%), and Egypt (60.39%). In contrast, declines were most notable in the United Kingdom (-19.82%) and the Netherlands (-23.95%). The sector's future will likely be influenced by innovation in metal processing, shifts in demand from emerging economies, and policies around sustainable mining practices. Continued monitoring of geopolitical impacts on trade is crucial.
Top countries in Export of Base Metals Clad with Silver Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 37.7 | 2023 | +2.33% | +1.53% | View data |
| 2 | 2 United States | 24.52 | 2023 | -0.59% | -0.72% | View data |
| 3 | 3 Japan | 16.58 | 2023 | +0.59% | +0.053% | View data |
| 4 | 4 France | 7.56 | 2023 | +3.95% | +3.34% | View data |
| 5 | 5 Italy | 6.2 | 2023 | +5.32% | +5.51% | View data |
| 6 | 6 China | 3.56 | 2023 | +4.24% | +2.77% | View data |
| 7 | 7 South Korea | 3.09 | 2023 | +1.75% | +7.92% | View data |
| 8 | 8 Portugal | 0.91 | 2023 | -5.36% | +5.64% | View data |
| 9 | 9 Canada | 0.52 | 2023 | +4.8% | +67.17% | View data |
| 10 | 10 Switzerland | 0.26 | 2023 | -1.28% | +0.28% | View data |
