The global import landscape for silver ores and concentrates is significantly dominated by China, accounting for a substantial 86.42% share in 2024. South Korea and Germany follow distantly with 6.15% and 2.61%, respectively. Among notable variations, Bulgaria's import share increased by 21.63% by 2023, while Thailand saw a remarkable rise of 163.15%. The CAGR over the last five years suggests a steady growth trend, particularly in emerging markets like Bulgaria and Thailand.
Future trends to watch include potential shifts as emerging markets continue to increase their import capacity, possibly altering the predominant dominance of China. Additionally, factors such as technological advances in ore processing and global demand fluctuations may influence these dynamics.
Top countries in Import of Silver Ores and Concentrates Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 86.42 | 2023 | +3.81% | +5.23% | View data |
| 2 | 2 South Korea | 6.15 | 2023 | +2.02% | +2.64% | View data |
| 3 | 3 Germany | 2.61 | 2023 | +4.92% | +3.88% | View data |
| 4 | 4 Malaysia | 1.7 | 2023 | +5.74% | +9.67% | View data |
| 5 | 5 Peru | 1.17 | 2023 | +3.97% | +3.46% | View data |
| 6 | 6 Netherlands | 0.54 | 2023 | +4.04% | +18.01% | View data |
| 7 | 7 Chile | 0.41 | 2023 | +3.78% | +4.22% | View data |
| 8 | 8 Bulgaria | 0.36 | 2023 | +3.98% | +21.63% | View data |
| 9 | 9 Spain | 0.3 | 2023 | +6.51% | +0.53% | View data |
| 10 | 10 Thailand | 0.13 | 2023 | +4.73% | +163.15% | View data |
