The global export of silver nitrate in 2023 sees Germany as the leading exporter with a year-on-year increase of 1.82%. Other noteworthy exporters include the United Kingdom, which experienced a contraction of 7.32%, and the Netherlands with a 5.61% rise. Significant gains were noted in Switzerland (47.75% increase) and India (19.72% increase). The market faced considerable declines across several countries, including Singapore and Austria, plummeting by 12.66% and 17.51%, respectively. Australia saw a robust growth of 21.05%, while Malaysia expanded by 42.34%.
Future trends may include the potential for countries like India and Malaysia to continue their upward trajectory due to favorable economic conditions and strategic export policies. Meanwhile, ongoing economic and geopolitical challenges could further affect exports from countries experiencing declines, necessitating strategic adjustments.
Top countries in Export of Silver Nitrate by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 321,760 | 2023 | +1.61% | +1.82% | View data |
| 2 | 2 United Kingdom | 183,420 | 2023 | -7.66% | -7.32% | View data |
| 3 | 3 Netherlands | 114,870 | 2023 | +4.9% | +5.61% | View data |
| 4 | 4 Brazil | 69,750 | 2023 | -1.17% | -2.18% | View data |
| 5 | 5 United States | 48,650 | 2023 | -0.67% | -1.43% | View data |
| 6 | 6 Italy | 41,040 | 2023 | +3.32% | +3.1% | View data |
| 7 | 7 Spain | 16,310 | 2023 | +2.6% | +1.83% | View data |
| 8 | 8 Czech Republic | 13,000 | 2023 | +2.62% | -4.25% | View data |
| 9 | 9 Switzerland | 7,650 | 2023 | +5.04% | +47.75% | View data |
| 10 | 10 India | 6,760 | 2023 | -10.01% | +19.72% | View data |
