In 2022, the global solar photovoltaics (PV) industry accounted for 140.3 million ounces of the global demand for silver. That was 13 percent of the overall demand for silver worldwide that year. Furthermore, it was forecast that the silver demanded for PV in 2023 would amount to 161.1 million ounces, indicating a steady growth trajectory compared to previous years.
Demand for silver for photovoltaics worldwide from 2014 to 2022, with a forecast for 2023
(in million ounces)
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The Silver Institute. (July 5, 2023). Demand for silver for photovoltaics worldwide from 2014 to 2022, with a forecast for 2023 (in million ounces) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1398168/global-silver-demand-for-photovoltaics/
The Silver Institute. "Demand for silver for photovoltaics worldwide from 2014 to 2022, with a forecast for 2023 (in million ounces)." Chart. July 5, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1398168/global-silver-demand-for-photovoltaics/
The Silver Institute. (2023). Demand for silver for photovoltaics worldwide from 2014 to 2022, with a forecast for 2023 (in million ounces). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1398168/global-silver-demand-for-photovoltaics/
The Silver Institute. "Demand for Silver for Photovoltaics Worldwide from 2014 to 2022, with a Forecast for 2023 (in Million Ounces)." Statista, Statista Inc., 5 Jul 2023, https://www.statista.com/statistics/1398168/global-silver-demand-for-photovoltaics/
The Silver Institute, Demand for silver for photovoltaics worldwide from 2014 to 2022, with a forecast for 2023 (in million ounces) Statista, https://www.statista.com/statistics/1398168/global-silver-demand-for-photovoltaics/ (last visited August 24, 2024)
Demand for silver for photovoltaics worldwide from 2014 to 2022, with a forecast for 2023 (in million ounces) [Graph], The Silver Institute, July 5, 2023. [Online]. Available: https://www.statista.com/statistics/1398168/global-silver-demand-for-photovoltaics/