Store - Basic Precious Metals

Apr 18, 2024

122

The ASEAN unwrought silver market declined modestly to $570M in 2023, remaining stable against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. The level of consumption peaked at $687M in 2015; however, from 2016 to 2023, consumption remained at a lower figure.

Apr 18, 2024

159

In 2023, the Scandinavia unwrought silver market increased by 35% to $379M, rising for the second consecutive year after two years of decline. Over the period under review, consumption saw a strong expansion. As a result, consumption reached the peak level of $392M. From 2020 to 2023, the growth of the market failed to regain momentum.

Apr 18, 2024

242

After four years of growth, the Europe unwrought silver market decreased by -7.5% to $4.9B in 2023. Over the period under review, consumption showed a abrupt shrinkage. Over the period under review, the market attained the peak level at $9.7B in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Apr 18, 2024

393

After six years of decline, the Venezuelan unwrought silver market increased by 2,801% to $39K in 2023. In general, consumption, however, saw a abrupt slump. Over the period under review, the market attained the peak level at $417K in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Apr 18, 2024

304

For the seventh consecutive year, the Uzbek unwrought silver market recorded decline in sales value, which decreased by -45% to $4.7M in 2023. Over the period under review, consumption recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 8.5%. Over the period under review, the market reached the peak level at $35M in 2013; however, from 2014 to 2023, consumption remained at a lower figure.

Apr 18, 2024

331

In 2023, after three years of growth, there was decline in the Uruguayan unwrought silver market, when its value decreased by -4.7% to $189K. Over the period under review, consumption, however, saw resilient growth. As a result, consumption attained the peak level of $355K. From 2014 to 2023, the growth of the market remained at a lower figure.

Apr 18, 2024

492

In 2023, the U.S. unwrought silver market increased by 21% to $3.9B for the first time since 2020, thus ending a two-year declining trend. In general, consumption, however, continues to indicate a relatively flat trend pattern. Unwrought silver consumption peaked at $4.4B in 2013; however, from 2014 to 2023, consumption stood at a somewhat lower figure.

Apr 18, 2024

97

The Tanzanian unwrought silver market expanded slightly to $6.8M in 2023, with an increase of 3.6% against the previous year. In general, consumption, however, recorded a slight decline. Unwrought silver consumption peaked at $8.5M in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Apr 18, 2024

428

In 2023, the UK unwrought silver market decreased by -25.6% to $991M, falling for the second consecutive year after three years of growth. In general, consumption showed a abrupt decline. Over the period under review, the market attained the peak level at $5.7B in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Apr 18, 2024

396

In 2023, the Egyptian unwrought silver market increased by 120% to $24M, rising for the second year in a row after three years of decline. In general, consumption enjoyed a resilient increase. Unwrought silver consumption peaked at $35M in 2018; however, from 2019 to 2023, consumption failed to regain momentum.