Global Silver Mining to 2030 (2025 Update)
Summary
GlobalData's Global Silver Mining to 2030 (2025 Update) provides a comprehensive coverage on the global silver industry. It provides historical and forecast data on silver production by country, production by company, reserves by country and world silver prices. The report also includes a demand drivers section providing information on factors that are affecting the global silver industry. It further profiles major silver producers, information on the major active, planned and exploration projects by region.
After an estimated 1.6% growth in 2024, global silver production is expected to increase by 2.0% to over 944 million ounces (moz) in 2025. The US, Peru and India are expected to be the key contributors, whose collective output is expected to increase by 6% to 183.7moz – accounting for nearly 19.5% of the global total.
However, the global silver production is expected to decline at a CAGR of -0.9% over the forecast period to 901.0moz by 2030, mainly due to mine closures in Mexico, India, Russia, Bolivia, Kazakhstan, and Peru.
Scope
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