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Global Silver compound Market 2026: world trade, top exporters and key figures

World exports of silver compound (HS 284329) reached $229.1 million in 2024, 65% more than in 2019. The United Kingdom was the largest exporter with 31% of the world total, and Germany was the largest buyer.

+65% since 2019

World exports were 65% higher in 2024 than in 2019 ($139.0 million), calculated from the annual totals

31% of world exports

The United Kingdom was the largest exporter in 2024, with 31% of world exports ($71.8 million)

58% of world exports

The three largest exporters, the United Kingdom, Germany and Japan

What this market covers

Silver compounds, organic or inorganic, apart from silver nitrate and mercury compounds.

Typical segments

  • Silver oxide
  • Silver chloride
  • Silver cyanide salts
  • Organic silver compounds
ChartWorld exports of HS 284329, USD million
World exports of HS 284329, USD million02004006008002017: 162 USD million16220172018: 172 USD million20182019: 139 USD million20192020: 163 USD million20202021: 601 USD million20212022: 363 USD million20222023: 186 USD million20232024: 229 USD million2292024

Why this market is moving now

  • World trade grew 65% from 2019 to 2024, a direct read on cross-border demand.

Key figures

Global figures for this market, with the year each one describes. Use Cite to copy a reference to this page.

FigureValueYearCite
World exports of silver compound (HS 284329) were worth $229.1 million in 2024.229.1 USD million2024
World exports were 65% higher in 2024 than in 2019 ($139.0 million), calculated from the annual totals.+65 % since 20192024
The United Kingdom was the largest exporter in 2024, with 31% of world exports ($71.8 million).31 % of world exports2024
The three largest exporters, the United Kingdom, Germany and Japan, shipped 58% of world exports in 2024.58 % of world exports2024
Germany was the largest importer in 2024, buying $55.6 million, or 24% of world imports.24 % of world imports2024
17 countries exported more than $1 million of this product in 2024.17 countries2024
The average world export price was about $227.97 per kilogram in 2024, calculated from value and weight.227.97 USD per kg2024
Countries exported 1.0 thousand tonnes of this product in 2024.1.0 thousand tonnes2024

Calculated figures (shares, changes and prices per kilogram) are plain arithmetic on the reported values. Read how we work.

Buyers and suppliers

Who buys

  • Electronics makers
  • Battery producers
  • Medical product firms

Largest exporting countries, 2024

  1. United Kingdom71.8 USD million
  2. Germany31.1 USD million
  3. Japan30.6 USD million
  4. Singapore25.2 USD million
  5. United States17.4 USD million
  6. Taiwan10.0 USD million
  7. Spain6.1 USD million
  8. France5.9 USD million
  9. Italy5.0 USD million
  10. China4.2 USD million

Largest importing countries, 2024

  1. Germany55.6 USD million
  2. Malaysia25.0 USD million
  3. Singapore24.0 USD million
  4. Switzerland20.9 USD million
  5. France11.4 USD million
  6. Czech Republic8.9 USD million
  7. Thailand7.5 USD million
  8. Mexico6.3 USD million
  9. Belgium5.5 USD million
  10. South Korea5.5 USD million

What the full report covers

  1. 01Executive summary
    The answer in one page: size, direction and what moves it
  2. 02Market definition and scope
    What is in and out of the global market
  3. 03Global market size, 2021 to 2025
    Historical series and growth rates
  4. 04Countries and regions
    Demand, supply and trade by country and region
  5. 05Outlook to 2031
    Base, low and high scenarios with stated assumptions
  6. 06Rules, policy and deadlines
    Regulation and programmes that change demand
  7. 07Drivers and barriers
    What accelerates or slows adoption, by customer segment
  8. 08Prices, costs and margins
    Unit economics where public data allows
  9. 09Competitive landscape
    8 to 12 company profiles with recent moves
  10. 10Opportunities and risks
    For new entrants, suppliers and investors
  11. 11Method and assumptions
    How every figure was built

Included with the full report

  • PDF report, 40 to 60 pages
  • Excel data pack
  • Ready-to-use charts
  • Method note and assumptions
  • Written to order in 5 working days
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Frequently asked questions

How big is the global silver compound market?

There is no single official market total. World exports of HS 284329 reached $229.1 million in 2024, a direct measure of cross-border trade.

Which countries export the most silver compound?

The United Kingdom led world exports in 2024 with 31% of the total, followed by Germany, Japan and Singapore.

Which countries import the most silver compound?

Germany was the largest importer in 2024, followed by Malaysia, Singapore and Switzerland.

Is world trade in silver compound growing?

World exports were 65% higher in 2024 than in 2019.

What is the average export price of silver compound?

Dividing world export value by weight gives about $227.97 per kilogram in 2024.

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