In 2023, Germany led European exports of silver in kilogram value, with a 23.86% share, followed by the United Kingdom at 20.91%. France and Spain saw notable year-on-year increases of 24.96% and 23.71%, respectively. Smaller countries like Lithuania and Estonia also demonstrated substantial growth, at 25.39% and 33.98%. However, countries such as the United Kingdom and Portugal experienced declines in their silver export share, at -4.63% and -4.21% respectively.
Future trends to watch in the European silver export market include:
- Continued growth in countries demonstrating sharp increases, potentially driven by industrial demand or favorable trade agreements.
- Monitoring potential economic or geopolitical factors that may impact key players like Germany and France.
- Analysis of technological advancements or policy changes affecting the silver industry, which could alter competitive dynamics.
Top countries in Export of Silver, Unwrought or in Semi-Manufactured Forms, or in Powder Form Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 23.86 | 2023 | +1.43% | +5.06% | View data |
| 2 | 2 United Kingdom | 20.91 | 2023 | -1.35% | -4.63% | View data |
| 3 | 3 France | 12.95 | 2023 | +11.07% | +24.96% | View data |
| 4 | 4 Poland | 12.54 | 2023 | +0.82% | +3.63% | View data |
| 5 | 5 Italy | 10.21 | 2023 | +1.75% | +3.8% | View data |
| 6 | 6 Spain | 7.66 | 2023 | -3.74% | +23.71% | View data |
| 7 | 7 Belgium | 7.61 | 2023 | +6.4% | +0.33% | View data |
| 8 | 8 Sweden | 4.64 | 2023 | +0.36% | +0.088% | View data |
| 9 | 9 Hungary | 1.68 | 2023 | +5.96% | +3.41% | View data |
| 10 | 10 Austria | 0.8 | 2023 | +9.69% | +3.14% | View data |
