World Silver Demand 2022
Source: World Silver Survey 2023 — The Silver Institute.
Silver Demand
is forecasted to exceed supply in 2024 marking the fourth consecutive year of a structural market deficit.
* World Silver Survey 2024 – the Silver Institute.
Mexico
was the top silver producer in 2022 and has been since 2009.
Source: Statista.com/ Kitco.com 2023
74%
of silver is produced as a secondary mining byproduct;
the silver market is wholly inelastic; higher silver prices will do little to spur more supply.
World Silver Survey 2023 - The Silver Institute
World's 10 Largest silver mines
Half are in Mexico
LEGAL NOTICE