In 2023, Germany led European exports of unwrought silver or in powder form, followed closely by Poland and Italy. Notably, Italy experienced a significant increase, driven by a 17.89% year-on-year rise. Slovenia showed remarkable growth with a 54.51% increase, while Portugal and the United Kingdom completely exited the export market. Conversely, the Netherlands experienced a 15.92% decrease. Despite fluctuations, the main European players remained dominant.
Looking ahead, the focus will be on maintaining growth momentum in Italy and supporting countries like Slovenia with strong year-on-year growth. Monitoring the recovery or strategic exits of declining entities will also be crucial.
Top countries in Export of Unwrought Silver or in Powder Form Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 27.36 | 2023 | +0.0055% | +0.52% | View data |
| 2 | 2 Poland | 23.3 | 2023 | +1.14% | +3.88% | View data |
| 3 | 3 Italy | 21.81 | 2023 | +5.28% | +17.89% | View data |
| 4 | 4 Belgium | 13.99 | 2023 | +6.47% | +0.73% | View data |
| 5 | 5 Sweden | 8.46 | 2023 | +0.69% | +0.53% | View data |
| 6 | 6 Hungary | 2.64 | 2023 | +6.03% | +3.87% | View data |
| 7 | 7 Spain | 1.63 | 2023 | +9.03% | +1.54% | View data |
| 8 | 8 Austria | 0.93 | 2023 | +1.01% | +19.65% | View data |
| 9 | 9 Netherlands | 0.61 | 2023 | -31.83% | -15.92% | View data |
| 10 | 10 Denmark | 0.14 | 2023 | +10.37% | +32.47% | View data |
