In 2022, the total global silver supply amounted to more than one billion ounces. It is forecast that the world's silver supply in 2023 will amount to nearly 1.03 billion ounces.
Mine production of silver in 2022 yielded 822.4 million ounces, and was the world's largest source of the silver supply. Other sources of the total global supply of silver include recycled silver, net hedging supply, and net official sector sales.
Supply of silver worldwide from 2010 to 2022, with a forecast for 2023
(in million ounces)
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The Silver Institute. (July 5, 2023). Supply of silver worldwide from 2010 to 2022, with a forecast for 2023 (in million ounces) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1240972/silver-supply-worldwide/
The Silver Institute. "Supply of silver worldwide from 2010 to 2022, with a forecast for 2023 (in million ounces)." Chart. July 5, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1240972/silver-supply-worldwide/
The Silver Institute. (2023). Supply of silver worldwide from 2010 to 2022, with a forecast for 2023 (in million ounces). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1240972/silver-supply-worldwide/
The Silver Institute. "Supply of Silver Worldwide from 2010 to 2022, with a Forecast for 2023 (in Million Ounces)." Statista, Statista Inc., 5 Jul 2023, https://www.statista.com/statistics/1240972/silver-supply-worldwide/
The Silver Institute, Supply of silver worldwide from 2010 to 2022, with a forecast for 2023 (in million ounces) Statista, https://www.statista.com/statistics/1240972/silver-supply-worldwide/ (last visited December 21, 2024)
Supply of silver worldwide from 2010 to 2022, with a forecast for 2023 (in million ounces) [Graph], The Silver Institute, July 5, 2023. [Online]. Available: https://www.statista.com/statistics/1240972/silver-supply-worldwide/
