Global silver demand by purpose 2018

This statistic depicts global silver demand in 2018, broken down by purpose. In that year, the jewelry industry demanded some 212.5 million ounces of silver. That was more than one fifth of the total global silver demand. Silver is a precious metal that has the highest reflectivity as well as electrical and thermal conductivity of any metal.

Global silver demand in 2018 by purpose

Demand in million ounces
Jewelry212.5
Coins & bars181.2
Silverware61.1
Industrial - electrical & electronics 578.6
Industrial - brazing alloys & solders58
Industrial - photography39.3
Industrial - photovoltaic80.5
Industrial - ethylene oxide5.4
Other industrial146.9
Total1,033.5
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Source

Release date

August 2019

Region

Worldwide

Survey time period

2018

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Statistics on "Silver"

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