The Silver Institute works with the Metals Focus team, a leading research
company that is based in London, to prepare and publish a comprehensive report on the
previous year’s silver supply and demand trends, with special emphasis on key markets and
regions. This annual survey also includes current information on prices and leasing rates, mine
production, silver trade, above ground stocks, and investment.

Material and statistics in this section were adapted in part from the Silver Institute’s World Silver Survey 2023.