Germany leads the European export market for silver in unwrought, semi-manufactured, or powder form. In 2023, Germany's exports rose by 5.06%, with France and Spain also marking significant increases of 24.96% and 23.71%, respectively. The UK's exports experienced a decline of 4.63%. Bulgaria, Portugal, Cyprus, and Croatia also faced negative growth, highlighting regional variability. Lithuania, Slovenia, and Estonia are notable for substantial year-on-year growth, suggesting emerging export activity.
Future trends to watch include potential shifts in market dynamics due to economic factors, innovations in silver applications, and legislative impacts. Monitoring geopolitical influences on trade policies and technological advancements will be crucial for forecasting export trajectories in this sector.
Top countries in Export of Silver, Unwrought or in Semi-Manufactured Forms, or in Powder Form by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,635,400 | 2023 | +1.43% | +5.06% | View data |
| 2 | 2 United Kingdom | 2,310,300 | 2023 | -1.35% | -4.63% | View data |
| 3 | 3 France | 1,430,600 | 2023 | +11.07% | +24.96% | View data |
| 4 | 4 Poland | 1,385,200 | 2023 | +0.82% | +3.63% | View data |
| 5 | 5 Italy | 1,128,400 | 2023 | +1.75% | +3.8% | View data |
| 6 | 6 Spain | 846,650 | 2023 | -3.74% | +23.71% | View data |
| 7 | 7 Belgium | 840,380 | 2023 | +6.4% | +0.33% | View data |
| 8 | 8 Sweden | 512,660 | 2023 | +0.36% | +0.088% | View data |
| 9 | 9 Hungary | 185,310 | 2023 | +5.96% | +3.41% | View data |
| 10 | 10 Austria | 88,230 | 2023 | +9.69% | +3.14% | View data |
