Report Ireland - Silver, Unwrought or in Powder Form - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Mar 1, 2025

Ireland - Silver, Unwrought or in Powder Form - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Ireland: Unwrought Silver Market 2025

Unwrought Silver Market Size in Ireland

In 2021, the Irish unwrought silver market decreased by -19.6% to $X for the first time since 2018, thus ending a two-year rising trend. In general, consumption continues to indicate a noticeable setback. Unwrought silver consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Unwrought Silver Production in Ireland

In value terms, unwrought silver production reduced rapidly to $X in 2021 estimated in export price. Over the period under review, production recorded a deep downturn. The most prominent rate of growth was recorded in 2020 when the production volume increased by 108%. Unwrought silver production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Unwrought Silver Exports

Exports from Ireland

In 2021, exports of silver, unwrought or in powder form from Ireland totaled X kg, therefore, remained relatively stable against the previous year. Overall, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2016 with an increase of 15%. As a result, the exports reached the peak of X kg. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, unwrought silver exports amounted to $X in 2021. Over the period under review, exports recorded a precipitous contraction. The most prominent rate of growth was recorded in 2016 with an increase of 62% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The UK (X kg) was the main destination for unwrought silver exports from Ireland, with a 55% share of total exports. Moreover, unwrought silver exports to the UK exceeded the volume sent to the second major destination, the United States (X kg), threefold. The third position in this ranking was taken by China (X kg), with a 20% share.

From 2012 to 2021, the average annual growth rate of volume to the UK totaled +6.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+3.8% per year) and China (+26.4% per year).

It was followed by the United States, with a 14% share.

From 2012 to 2021, the average annual growth rate of value to the UK stood at -6.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+37.3% per year) and the United States (-6.3% per year).

Export Prices by Country

The average unwrought silver export price stood at $X per ton in 2021, therefore, remained relatively stable against the previous year. Overall, the export price showed a abrupt decline. The pace of growth appeared the most rapid in 2016 when the average export price increased by 42%. Over the period under review, the average export prices attained the maximum 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 overseas markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to the United States ($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 (+10.0%), while the prices for the other major destinations experienced a decline.

Unwrought Silver Imports

Imports into Ireland

In 2021, supplies from abroad of silver, unwrought or in powder form decreased by -36.9% to X kg for the first time since 2018, thus ending a two-year rising trend. Overall, imports saw a noticeable contraction. The growth pace was the most rapid in 2019 when imports increased by 64%. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, unwrought silver imports shrank remarkably to $X in 2021. Over the period under review, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2019 with an increase of 45%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X kg), the United States (X kg) and the UK (X kg) were the main suppliers of unwrought silver imports to Ireland, together comprising 89% of total imports. These countries were followed by China, Switzerland, Japan and Turkey, which together accounted for a further 9.2%.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +43.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of silver, unwrought or in powder form to Ireland, comprising 50% of total imports. The second position in the ranking was taken by the United States ($X), with a 21% share of total imports. It was followed by the UK, with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+7.1% per year) and the UK (-6.2% per year).

Import Prices by Country

In 2021, the average unwrought silver import price amounted to $X per ton, declining by -7.9% against the previous year. Over the period under review, the import price showed a pronounced shrinkage. The growth pace was the most rapid in 2018 when the average import price increased by 37%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of unwrought silver consumption in 2021 were India, the United States and Mexico, with a combined 36% share of global consumption. Peru, the UK, China, Germany, Australia, Argentina, Bolivia, Guatemala, Canada and Taiwan Chinese) lagged somewhat behind, together accounting for a further 45%.
The countries with the highest volumes of unwrought silver production in 2021 were Mexico, Peru and China, together accounting for 36% of global production. Japan, South Korea, Hong Kong SAR, Germany, the UK, Poland, Argentina, Chile, Russia and Bolivia lagged somewhat behind, together accounting for a further 41%.
In value terms, Germany constituted the largest supplier of unwrought silver to Ireland, comprising 52% of total imports. The second position in the ranking was occupied by the United States, with a 21% share of total imports. It was followed by the UK, with a 15% share.
In 2021, the average unwrought silver export price amounted to $534,738 per ton, flattening at the previous year.
The average unwrought silver import price stood at $577,141 per ton in 2021, flattening at the previous year.

This report provides an in-depth analysis of the unwrought silver market in Ireland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 24411030 - Silver, unwrought or in powder form (including plated with gold or platinum)

Country coverage:

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in Ireland
    • Export and import prices
    • Market trends, drivers and restraints
    • Key market players and their profiles

    Reasons to buy this report:

    • Take advantage of the latest data
    • Find deeper insights into current market developments
    • Discover vital success factors affecting the market

    This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

    In this report, you can find information that helps you to make informed decisions on the following issues:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. How to prepare your business for global expansion

    While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 5. MOST PROMISING SUPPLYING COUNTRIES

      Choosing the Best Countries to Establish Your Sustainable Supply Chain

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2024
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2024
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. LIST OF TABLES

      1. Key Findings In 2024
      2. Market Volume, In Physical Terms, 2012–2024
      3. Market Value, 2012–2024
      4. Per Capita Consumption In 2012-2024
      5. Imports, In Physical Terms, By Country, 2012–2024
      6. Imports, In Value Terms, By Country, 2012–2024
      7. Import Prices, By Country Of Origin, 2012–2024
      8. Exports, In Physical Terms, By Country, 2012–2024
      9. Exports, In Value Terms, By Country, 2012–2024
      10. Export Prices, By Country Of Destination, 2012–2024
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2024
      2. Market Value, 2012–2024
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
      5. Trade Balance, In Physical Terms, 2012-2024
      6. Trade Balance, In Value Terms, 2012-2024
      7. Per Capita Consumption, 2012-2024
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2024
      22. Production, In Value Terms, 2012–2024
      23. Imports, In Physical Terms, 2012–2024
      24. Imports, In Value Terms, 2012–2024
      25. Imports, In Physical Terms, By Country, 2024
      26. Imports, In Physical Terms, By Country, 2012–2024
      27. Imports, In Value Terms, By Country, 2012–2024
      28. Import Prices, By Country Of Origin, 2012–2024
      29. Exports, In Physical Terms, 2012–2024
      30. Exports, In Value Terms, 2012–2024
      31. Exports, In Physical Terms, By Country, 2024
      32. Exports, In Physical Terms, By Country, 2012–2024
      33. Exports, In Value Terms, By Country, 2012–2024
      34. Export Prices, By Country Of Destination, 2012–2024

    Recommended reports

    Free Data: Silver, Unwrought Or In Powder Form - Ireland