Key Market Indicators
China is set to become the world's largest Silver Importer and Exporter in the coming years. Imports are forecast to rise to over $413 million by 2026 and Exports to 2.9 million kilograms. In 2021, China was the seventh-largest Silver Importer, with Thailand topping the list. The U.S., U.K. and Japan took the second, third and fourth spots, respectively. Since 1997, Chinese Silver demand has risen by an average of 1.3% annually. Meanwhile, Silver supply has shot up 6.6% year-on-year since 2005.