France: Silver Market 2025

Silver Market Size in France

The French silver market skyrocketed to $X in 2021, picking up by 86% against the previous year. Overall, the total consumption indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Silver Production in France

In value terms, silver production reduced to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate resilient growth. The pace of growth was the most pronounced in 2018 when the production volume increased by 508% against the previous year. Silver production peaked at $X in 2020, and then reduced in the following year.

Silver Exports

Exports from France

In 2021, the amount of silver including silver plated with gold or platinum exported from France soared to X tons, with an increase of 43% against the previous year. In general, total exports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +7.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +89.9% against 2015 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, silver exports soared to $X in 2021. Over the period under review, exports, however, showed a deep reduction. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

South Korea (X tons), Italy (X tons) and Spain (X tons) were the main destinations of silver exports from France, with a combined 40% share of total exports. Canada, Germany, Mexico, the United States, China, the Czech Republic, Poland, the Netherlands, Switzerland and the UK lagged somewhat behind, together accounting for a further 50%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +46.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Italy ($X) and China ($X) constituted the largest markets for silver exported from France worldwide, with a combined 52% share of total exports. Germany, South Korea, Canada, Switzerland, the United States, the Czech Republic, the Netherlands, Mexico, Poland and the UK lagged somewhat behind, together accounting for a further 37%.

The Netherlands, with a CAGR of +46.9%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average silver export price stood at $X per ton in 2021, shrinking by -2.4% against the previous year. In general, the export price recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when the average export price increased by 8.1%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Mexico ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.9%), while the prices for the other major destinations experienced mixed trend patterns.

Silver Imports

Imports into France

Silver imports into France skyrocketed to X tons in 2021, growing by 63% against the year before. Over the period under review, total imports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +7.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, silver imports soared to $X in 2021. In general, imports continue to indicate a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of silver to France, accounting for a 45% share of total imports. Moreover, silver imports from Germany exceeded the figures recorded by the second-largest supplier, Switzerland (X tons), threefold. Italy (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +10.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+2.2% per year) and Italy (+1.9% per year).

In value terms, Germany ($X), Switzerland ($X) and Italy ($X) constituted the largest silver suppliers to France, together comprising 69% of total imports. These countries were followed by the United States, Spain, the UK and Turkey, which together accounted for a further 19%.

Among the main suppliers, Turkey, with a CAGR of +172.2%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average silver import price stood at $X per ton in 2021, with an increase of 2.3% against the previous year. Over the period under review, the import price, however, saw a deep setback. The most prominent rate of growth was recorded in 2020 an increase of 53%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+7.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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