Forecasted export data of silver in unwrought forms from Turkey shows a consistent decrease from 2024 to 2028. In 2024, the volume is expected to be 27.38 Thousand Kilograms, declining to 7.96 Thousand Kilograms by 2028. Examining year-on-year variations, we anticipate a reduction of approximately 18% between 2024 and 2025, followed by around 22% each subsequent year until 2028. The compound annual growth rate (CAGR) from 2024 to 2028 indicates an average yearly decline of about 26%.
Future trends to watch for include geopolitical changes, global economic conditions, and variations in silver demand due to technological advancements or shifts in industrial usage. Policymaking and currency fluctuations could also significantly impact Turkey's silver export dynamics.
