Silver / tables and graphs

Worldwide silver mining from 1900

Here are tables and graphs with information about Silver shown.

overview

In 2018, global silver production was 26,900 tons (2017: 26,800 tons). The largest extraction nations were Mexico (6,120 tons), Peru (4,160 tons), the People's Republic of China (3,570 tons), Russia (2,100 tons) and Poland (1,470 tons), which accounted for 64.8 percent of world extraction. Germany , which in 1970 with 131 tons was one of the ten countries with the highest production, stopped mining in 1993.

Eligible reserves were estimated by the United States Geological Survey (USGS) in January 2020 at 560,000 tons worldwide. Peru accounted for 120,000 tons, Poland 100,000 tons, Australia 90,000 tons and Russia 45,000 tons. These four states together had a share of 63.4 percent of the world's reserves. The static range of the reserves is around 21 years.

Reserves

The United States Geological Survey distinguishes between the following two categories:

• The reserve base is that portion of an identified resource that meets the specific minimum physical and chemical criteria for current mining and production practices, including grade , quality , thickness and depth . The publication of data on the stock base was stopped by the USGS in 2009.
• The reserves are that part of the supply base that could be economically extracted or produced at a given time. The term does not have to mean that extraction systems are installed and working. Reserves only contain exploitable substances.

The reserves of the countries with the greatest production are listed here.

Figures in tons (2018)

rank	country	advancement	Reserves	Percentage ownership %
1.	Peru	4,160	120,000	21.4
2.	Poland	1,470	100,000	17.9
3.	Australia	1,220	90,000	16.1
4th	Russia	2,100	45,000	8.0
5.	People's Republic of China	3,570	41,000	7.3
6th	Mexico	6,120	37,000	6.6
7th	Chile	1,370	26,000	4.6
8th.	United States	934	25,000	4.5
9.	Bolivia	1,190	22,000	3.9
10.	Argentina	1,020	k. A.	k. A.
	Other countries	3,730	57,000	10.2
	World (a)	26,900	560,000	100.0

^(a) Values ​​rounded

advancement

By country

The following table contains all countries whose annual production in 2018 was over 40 tons. Silver has not been mined in Germany since 1994. All figures relate to the states within their current borders.

Promotion in tons

Rank (2018)	country	1970	1980	1990	2000	2010	2015	2016	2017	2018
1.	Mexico	1,332	1,473	2,352	2,620	4,411	5,955	5,409	5,815	7,243
2.	Peru	1,239	1,337	1,762	2,438	3,640	4.102	4,375	4,418	4.163
3.	People's Republic of China	25th	60	150	1,600	3,085	3,421	3,496	3,502	3,574
4th	Poland	70	766	832	1,148	1,183	1,407	1,482	1,490	1,471
5.	Russia	697	844	1,475	370	1,145	1,580	1,493	1,373	1,400
6th	Chile	74	299	655	1,242	1,287	1,504	1,501	1,319	1,370
7th	Australia	808	767	1,173	2,060	1,879	1,430	1,418	1,120	1,254
8th.	Bolivia	180	190	311	434	1,259	1,307	1,357	1,222	1,191
9.	Argentina	64	73	83	78	694	1,079	933	995	1.101
10.	Kazakhstan	437	529	925	927	552	1,309	1,187	1,061	969
11.	United States	1,400	1.006	2.121	1,980	1,276	1,090	1,140	1,030	923
12.	India	2	11	32	41	148	426	461	558	653
13.	Sweden	123	166	243	329	303	480	499	468	444
14th	Indonesia	9	22nd	67	256	335	152	185	332	383
15th	Canada	1,376	1,070	1,501	1,212	591	384	385	390	366
16.	Morocco	21st	81	241	289	243	216	237	239	191
17th	Turkey	0	6th	27	110	364	191	377	151	171
18th	Dominican Republic	0	50	23	0	23	96	122	152	166
19th	Spain	51	185	270	115	21st	27	18th	99	165
20th	Papua New Guinea	1	37	115	73	84	45	90	69	104
21st	Mongolia	0	14th	21st	21st	20th	49	79	72	65
22nd	Brazil	11	24	60	10	15th	44	49	42	50
23.	North Korea	25th	45	280	50	50	50	50	50	50
24.	Iran	0	0	38	20th	40	48	50	50	50
25th	South Africa	110	232	161	144	79	39	52	63	46
26th	Bulgaria	0	24	54	54	55	38	53	53	41

By company

The 20 largest silver producers are listed with the country in which the company's headquarters are located and the amount extracted.

Production in tons (2019)

rank	Companies	country	amount
1.	Fresnillo plc	Mexico	1.611
2.	KGHM Polska Miedź	Poland	1,418
3.	Glencore	Switzerland	995
4th	Pan American Silver	Canada	805
5.	JSC Polymetal	Russia	672
6th	Hindustan Zinc	India	634
7th	Southern Copper	United States	631
8th.	Minas Buenaventura	Peru	625
9.	Corp. Nacional del Cobre Chile	Chile	557
10.	Hochschild mining	Peru	522
11.	Newmont Mining	United States	494
12.	Volcan Compañía Minera	Peru	485
13.	First Majestic Silver	Canada	411
14th	BHP	Australia	411
15th	Hecla mining	United States	392
16.	South32	Australia	382
17th	Boliden AB	Sweden	373
18th	Coeur Mining	United States	364
19th	Yamana gold	Canada	330
20th	Industrias Peñoles	Mexico	330

After mines

The mine, the country and the amount extracted are listed.

Production in tons (2016)

rank	Mine	country	amount
1.	Saucito	Mexico	681.1
2.	Escobal	Guatemala	659.3
3.	Ducat	Russia	615.8
4th	Cannington	Australia	566.0
5.	Uchucchacua	Peru	503.8
6th	Fresnillo	Mexico	494.5
7th	Pirquitas	Argentina	323.4
8th.	Greens Creek	United States	289.2
9.	Imiter	Morocco	220.8
10.	San Jose	Argentina	208.4
11.	Arcata	Peru	195.9
12.	San Jose	Mexico	189.7
13.	La Colorada	Mexico	180.4
14th	Lunnoye	Russia	174.2
15th	Ying	People's Republic of China	171.1

World funding

World production in tons

year Prod. 1900 5,400 1901 5,380 1902 5,060 1903 5,220 1904 5.110 1905 5,360 1906 5,130 1907 5,730 1908 6.320 1909 6,600 1910 6,900 1911 7,040 1912 6,980 1913 7,010 1914 5,240

year Prod. 1915 5,730 1916 5,250 1917 5,420 1918 6.140 1919 5,490 1920 5,390 1921 5,330 1922 6,530 1923 7,650 1924 7,450 1925 7,650 1926 7,890 1927 7,900 1928 8,020 1929 8,120

year Prod. 1930 7,740 1931 6,080 1932 5,130 1933 5,340 1934 5,990 1935 6,890 1936 7,920 1937 8,640 1938 8,320 1939 8,300 1940 8,570 1941 8,140 1942 7,780 1943 6,380 1944 5,740

year Prod. 1945 5,040 1946 3,970 1947 5,220 1948 5,440 1949 5,570 1950 6.320 1951 6.210 1952 6,700 1953 6,900 1954 6,670 1955 7,000 1956 7,020 1957 7.190 1958 7,430 1959 6,910

year Prod. 1960 7,320 1961 7,370 1962 7,650 1963 7,780 1964 7,730 1965 8,010 1966 8,300 1967 8,030 1968 8,560 1969 9,200 1970 9,360 1971 9,170 1972 9,380 1973 9,700 1974 9,260

year Prod. 1975 9,430 1976 9,840 1977 10,300 1978 10,700 1979 10,800 1980 10,700 1981 11,200 1982 11,500 1983 12,100 1984 13,100 1985 13,100 1986 13,000 1987 14,000 1988 15,500 1989 16,400

year Prod. 1990 16,600 1991 15,600 1992 14,900 1993 14,100 1994 14,000 1995 14,900 1996 15,100 1997 16,500 1998 17,200 1999 17,600 2000 18,100 2001 18,900 2002 18,800 2003 18,800 2004 20,000

year Prod. 2005 20,800 2006 20,300 2007 21,100 2008 21,300 2009 21,800 2010 23,100 2011 23,300 2012 25,500 2013 26,000 2014 26,800 2015 25,100 2016 25,700 2017 26,800 2018 26,900 2019 e 27,000

supply and demand

It lists the key components of the supply and demand for physical silver.

Supply and demand in tons

	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018
offer	26774	27122	29669	28475	27598	28214	28491	33426	32459	31280	30708	32655	32468	31392	30839	31231
Mine production	18573	19083	19895	19988	20716	21294	22308	23418	23583	24622	25605	26989	27838	27635	26500	26612
Producer hedging	−653	−62	1427	−361	−750	−271	−541	1567	379	−1465	−1082	522	243	−588	44	-87
Government sales	2759	1925	2049	2441	1322	949	485	1375	373	230	246	0	0	0	0	0
Reprocessing	6096	6176	6298	6407	6310	6242	6239	7066	8123	7893	5940	5144	4388	4345	4295	4705
demand	27023	27890	29912	33647	31993	36387	30938	35706	34254	34474	35358	34649	36076	36437	31933	33722
Jewelry industry	5809	5819	5844	5474	5698	5523	5502	5909	5956	5828	6861	7041	7050	6376	6503	6609
technology	17456	18937	19814	20066	20423	19963	16427	19711	20573	18663	18803	18545	18138	17938	18629	17994
Silverware (a)	2647	2118	2158	1966	1906	1816	1655	1614	1477	1362	1844	1903	1966	1630	1816	1900
Retail (b)	1110	1648	1602	1515	1592	6155	2951	4674	6615	4967	7498	7281	9084	6463	4699	5635
ETF and similar (c)	0	−631	494	4628	2373	2930	4404	3797	−367	3654	351	−121	−162	4031	286	1583
Surplus / deficit	−249	−768	−243	−5172	−4394	−8173	−2448	−2280	−1794	−3194	−4649	−1994	−3608	−5044	−1095	-2491

^(a) Cutlery, crockery, etc.

^(b) Coins and bars

^(c) Changes in the inventory of ETFs and exchanges

With around 50%, technological or industrial uses represent by far the largest component of global silver demand. The next table shows the most important parts of this component.

Technological demand in tons

	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018
Electrics + electronics	(a)	5965	7144	7536	8164	8450	7072	9367	9044	8294	8273	8207	7651	7274	7554	7728
Silver braze	(a)	1521	1636	1701	1813	1916	1667	1894	1966	1900	1981	2074	1913	1720	1788	1804
photography	5999	5561	4985	4422	3639	3054	2376	2077	1903	1686	1571	1508	1449	1406	1368	1222
Photovoltaic	(a)	(a)	227	277	389	778	936	1577	2357	1810	1738	1611	1841	2466	2927	2504
Ethylene oxide (b)	(a)	(a)	(a)	(a)	(a)	(a)	(a)	(a)	193	146	239	156	317	317	215	168
Other industry	11457	5890	5884	6176	6500	6148	4811	5147	5107	4824	5001	4995	4970	4755	4780	4569
Sum (c)	17456	18937	19876	20112	20504	20346	16862	20063	20570	18660	18803	18551	18141	17938	18632	17994

^(a) Included in “Other Industry”

^(b) Silver catalysts for the production of ethylene oxide

^(c)Deviations from the values ​​under "Technology" in the previous table can be explained by the fact that different years of the World Silver Survey had to be used, see individual records . There are also rounding differences

See also

• Gold / tables and graphs
• Platinum Metals / Tables and Graphs
• Gold price
• Silver price
• Platinum price

Web links

• The Silver Institute
• US Geological Survey
• British Geological Survey
• [1]

Individual evidence

1. ↑ ^{a b c} United States Geological Survey: Silver Statistics and Information
2. ^ British Geological Survey: World mineral statistics archive
3. ^ ^{A b} The Silver Institute: Mine production
4. ↑ United States Geological Survey: Historical Statistics to 2012
5. ↑ ^{a b} The Silver Institute: World Silver Survey 2018 p. 8
6. ↑ The Silver Institute: World Silver Survey 2015 p. 8
7. ↑ The Silver Institute: World Silver Survey 2014 p. 8
8. ↑ The Silver Institute: World Silver Survey 2013 p. 8