Store - Basic Precious Metals

Apr 18, 2024

459

In 2023, the Romanian unwrought silver market increased by 114% to $4.8M, rising for the second consecutive year after four years of decline. Over the period under review, consumption, however, recorded a noticeable setback. Unwrought silver consumption peaked at $7M in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Apr 18, 2024

601

The Qatari unwrought silver market surged to $1.6M in 2023, jumping by 5,088% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, showed a significant curtailment. Unwrought silver consumption peaked at $45M in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Apr 18, 2024

364

In 2023, after two years of growth, there was significant decline in the Portuguese unwrought silver market, when its value decreased by -8.6% to $1.8M. Over the period under review, the total consumption indicated a slight expansion from 2012 to 2023: its value increased at an average annual rate of +1.8% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Unwrought silver consumption peaked at $3.3M in 2014; however, from 2015 to 2023, consumption remained at a lower figure.

Apr 18, 2024

358

In 2023, the Polish unwrought silver market increased by 54% to $143M, rising for the third consecutive year after two years of decline. Over the period under review, consumption saw a significant increase. Over the period under review, the market hit record highs in 2023 and is likely to see steady growth in the near future.

Apr 18, 2024

411

In 2023, the Philippine unwrought silver market increased by 148% to $18M, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, continues to indicate a slight setback. Over the period under review, the market hit record highs at $63M in 2019; however, from 2020 to 2023, consumption stood at a somewhat lower figure.

Apr 18, 2024

538

The Peruvian unwrought silver market expanded remarkably to $3.4B in 2023, with an increase of 5.2% against the previous year. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $3.6B. From 2022 to 2023, the growth of the market failed to regain momentum.

Apr 18, 2024

86

The Paraguayan unwrought silver market reduced rapidly to $51K in 2023, shrinking by -30.2% against the previous year. Over the period under review, consumption recorded a deep reduction. Over the period under review, the market hit record highs at $114K in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Apr 18, 2024

79

In 2023, the Panamanian unwrought silver market decreased by -16.4% to $575K, falling for the second consecutive year after three years of growth. Overall, consumption showed a noticeable reduction. Over the period under review, the market reached the peak level at $2.2M in 2017; however, from 2018 to 2023, consumption stood at a somewhat lower figure.

Apr 18, 2024

471

The Pakistani unwrought silver market was finally on the rise to reach $23K in 2023, after four years of decline. Over the period under review, consumption, however, faced a sharp downturn. As a result, consumption reached the peak level of $7.8M. From 2014 to 2023, the growth of the market failed to regain momentum.

Apr 18, 2024

369

In 2023, the Norwegian unwrought silver market decreased by -22.5% to $8M, falling for the second year in a row after two years of growth. In general, consumption showed a abrupt decline. Unwrought silver consumption peaked at $15M in 2012; however, from 2013 to 2023, consumption remained at a lower figure.