In 2023, Switzerland exported 1.346 million kilograms of silver in unwrought forms. The forecasted data for the exports show a consistent year-on-year decrease from 2024 onwards: 1.3197 million kilograms in 2024, 1.2924 million kilograms in 2025, 1.2657 million kilograms in 2026, 1.2395 million kilograms in 2027, and 1.2139 million kilograms in 2028.
Year-on-year variation indicates a negative trend in the export volume with the following percentages:
- 2024: -1.95% from the actual value in 2023
- 2025: -2.07%
- 2026: -2.07%
- 2027: -2.07%
- 2028: -2.07%
The compound annual growth rate (CAGR) over the next five years is expected to be -2.05%, reflecting a steady decline in the export volume of silver in unwrought forms.
Future trends to watch for include changes in global demand for silver, technological advancements affecting production efficiency, and potential shifts in trade policies or tariffs that may impact the trade flow of silver from Switzerland.
