The European export of unwrought silver or in powder form in 2023 showed Germany, Poland, and Italy as the leading exporters. Germany experienced a modest growth of 0.52%, while Poland and Hungary saw more substantial increases of 3.88% and 3.87%, respectively. Italy rose by a significant 17.89%, alongside Austria's notable increase of 19.65%. While some countries like the Netherlands and Cyprus faced downturns, countries such as Slovenia and Lithuania achieved impressive growth of 54.51% and 41.4% respectively. However, both Portugal and the United Kingdom saw complete cessation in exports.
Looking forward, key trends to watch include potential shifts influenced by technological advancements in refining processes, changes in global silver demand, and European economic policies impacting trading dynamics. Emerging markets could drive demand, while environmental considerations may reshape trade practices.
Top countries in Export of Unwrought Silver or in Powder Form by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,632,300 | 2023 | +0.0055% | +0.52% | View data |
| 2 | 2 Poland | 1,389,800 | 2023 | +1.14% | +3.88% | View data |
| 3 | 3 Italy | 1,301,400 | 2023 | +5.28% | +17.89% | View data |
| 4 | 4 Belgium | 834,530 | 2023 | +6.47% | +0.73% | View data |
| 5 | 5 Sweden | 504,740 | 2023 | +0.69% | +0.53% | View data |
| 6 | 6 Hungary | 157,440 | 2023 | +6.03% | +3.87% | View data |
| 7 | 7 Spain | 97,080 | 2023 | +9.03% | +1.54% | View data |
| 8 | 8 Austria | 55,180 | 2023 | +1.01% | +19.65% | View data |
| 9 | 9 Netherlands | 36,400 | 2023 | -31.83% | -15.92% | View data |
| 10 | 10 Denmark | 8,570 | 2023 | +10.37% | +32.47% | View data |
