Content of the study:
The money market - Italy

Available languages


1.1 Definition and scope of study

Silver is a chemical element (atomic number 47, atomic weight 107.87, symbol Ag ), metal, widespread in nature both in its native state and as a mineral.The lustrous white metal is an excellent conductor of electricity and heat and is used alloyed with other metals for: coinage, for the manufacture of numerous objects for laboratory equipment, for electrical conductors and also as a catalyst; many of its compounds have uses in photography, medicine, electroplating. The global silver market was worth $193.3 billion in 2020, and is expected to reach a value of $362.1 billion in 2027, with a growth rate CGAR of 9% over the period.

Silver accounted for more than 84.0% of the global precious metals market volume in 2019. Last year, European jewelry production fell a remarkable 18% to a low of 2010. Much of the decline was due to losses by the dominant producer, Italy, whose exports suffered heavily. In fact, Italy is Europe's leading producer of silver jewelry, with a 66% share of production. As for demand, it grew from 8.8 million ounces in 2011 to 9.2 million ounces in 2019. 2020 saw a considerable loss, and a drop in demand to 7.9 million ounces.

Demand for physical retail and institutional investments is expected to remain strong throughout 2021 in an environment of low interest rates and inflation concerns, and those of industrial metals, a post-pandemic recovery is inevitable.  silver 2 This should help prices rise compared to last year. Metals Focus' projections see silver peaking at $32 before the end of the year, then culminating in an annual average of $27.30, which will be 33% higher than the 2020 figure. silver 3






To keep reading, buy the full research

What is in this market study?

  • What are the figures on the size and growth of the market?
  • What is driving the growth of the market and its evolution?
  • What are the latest trends in this market?
  • What is the positioning of companies in the value chain?
  • How do companies in the market differ from each other?
  • Access company mapping and profiles.
  • Data from several dozen databases

  • This market study is available online and in pdf format (30 p.)
  • Consult an example PDF or online
Buy this market study 89€

Availability within 10 business days


Analysts 1 sector analyzed
in 40 pages


  • Top Universities
  • Expert opinion


  • Databases
  • Press
  • Company reports


  • Continuously updated
  • Permanent watch


  • Synthetic structure
  • Standardized charts

Reviews (3)

The market for automatic cash registers - France

Publicado en 11/01/2022 by Malcolm Vincent

Interesting estimate of a fast-growing market mainly centered on mass retailing and specialized distribution, whose development is however slowed down by social problems linked to the disappearance of cashiers. Consumer behavior in front of these automatic checkouts and product typology well analyzed

Businesscoot Response:

Hello Malcolm, Thank you very much for this very positive review! We are delighted that you are enjoying our studies and we thank you for your trust in us.

The bodywork market - France

Publicado en 25/02/2021 by Lengele

Saves time on researching reliable statistics

Businesscoot Response:

Hello, Thank you for your feedback which helps us to improve the quality of our studies.

The Glass Fiber Market - France

Publicado en 11/02/2021 by Marc-Henri Mignon - Insights & Synergies Conseils

An interesting price-quality ratio to enter a new market

Businesscoot Response:

Hello Marc-Henri, Thank you for your feedback which helps us to improve the quality of our studies.