In 2024, Italy leads European production of silver in semi-manufactured forms with 837.74 thousand kilograms. The country has shown a notable year-on-year increase of 16.57% in 2023, highlighting its growing production capacity. Spain, with a production level of 196.32 thousand kilograms, showed no change from the previous year. France follows at 130.48 thousand kilograms, with an appreciable increase of 11.11%. Bulgaria, despite being a smaller producer at 31.55 thousand kilograms, recorded a significant growth of 47.08%. Conversely, Hungary experienced a complete stop in production, registering a 100% decline.
Future trends to watch include Italy’s continued growth and potential expansion, and whether Bulgaria can sustain its rapid increase in production. Additionally, stability in Spanish and Polish production and potential recovery in Hungary could significantly affect European silver production dynamics.
Top countries in Production of Silver in Semi-Manufactured Forms by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 837,740 | 2023 | +29.84% | +16.57% | View data |
| 2 | 2 Spain | 196,320 | 2023 | +20.68% | View data | |
| 3 | 3 France | 130,480 | 2023 | -0.2% | +11.11% | View data |
| 4 | 4 Bulgaria | 31,550 | 2023 | +126.45% | +47.08% | View data |
| 5 | 5 Poland | 24,960 | 2023 | -75.4% | View data | |
| 6 | 6 United Kingdom | 10,660 | 2023 | -22.6% | View data | |
| 7 | 7 Hungary | 487 | 2023 | -1.99% | View data | |
| 8 | 8 Finland | 431 | 2023 | +3.82% | +1.69% | View data |
| 9 | 9 Norway | 258 | 2023 | -65.47% | View data | |
| 10 | 10 Denmark | 2 | 2023 | -31.23% | View data |
