The forecast for the import of silver compounds to Switzerland shows a consistent year-on-year decrease from 2024 to 2028. The values recorded in thousand kilograms are as follows: 23.65 (2024), 23.24 (2025), 22.83 (2026), 22.44 (2027), and 22.05 (2028). The overall trend suggests a gradual decline in imports over the forecasted period. When looking back to 2023, the actual volume stood at 23.92 thousand kilograms, indicating a slightly higher import volume compared to the projected values in subsequent years.
The year-on-year percentage change from 2023 to 2024 is a decrease of approximately 1.13%, followed by consistent decreases of approximately 1.73%, 1.76%, 1.71%, and 1.74% for the years 2025, 2026, 2027, and 2028 respectively. Over a five-year period, the compound annual growth rate (CAGR) is evaluated at -1.50%, capturing the average annual decrease in imports.
Future trends to watch for include potential shifts in the demand for silver compounds driven by technological advancements, changes in industrial applications, policy regulations related to trade, and fluctuations in global silver prices. Monitoring these factors could provide insights into possible deviations from the forecasted trends.
