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Silver Mining Market by Reserves and Production, Assets and Projects, Demand Drivers, Key Players and Forecast, 2022-2026

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    Report

  • 74 Pages
  • June 2022
  • Region: Global
  • GlobalData
  • ID: 5632207
The publisher's 'Global Silver Mining to 2026' 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.

Global silver production, after four consecutive declines, recovered by 5.3% to 884.5 million ounces (moz) in 2021, linked to post-pandemic recoveries as most mines were able to operate at full capacity throughout that year. Output from Peru (+21.5%) and Mexico (+9.2%) were significant contributors to the overall growth. In addition, 38.7% growth was observed from Bolivia, while there were major declines in production in Chile (-13.1%), Russia (-8.6%), and Kazakhstan (-5%). Overall, anticipating slight impacts to the global supply chain due to the Russia-Ukraine war, global silver mine production is expected to grow by just 1.6% to 898.9moz in 2022, versus a previous expectation of 3.6% growth. Global silver mine production over the forecast period (2022-2026) is forecast to grow at a compound annual growth rate (CAGR) of 1.3% to reach 945.8moz in 2026. Growth will be supported by increased output from Mexico, China and Peru.

Scope

  • The report contains an overview of the global silver mining industry including key demand driving factors affecting the global silver mining industry. It provides detailed information on reserves, reserves by country, production, production by country, production by company, major operating mines, competitive landscape, major exploration and development projects.

Reasons to Buy

  • Comprehensive evaluation of the impact of COVID-19 on global silver industry
  • To gain an understanding of the global silver mining industry, relevant driving factors
  • To understand historical and forecast trend on global silver production
  • To identify key players in the global silver mining industry
  • To identify major active, exploration and development projects by region

Table of Contents

1 Executive Summary
2 Reserves, Production and Prices
2.1 Global Silver Reserves by Country
  • Peru
  • Australia
  • Poland
  • Russia
  • China
2.2 Silver Production
2.3 Production by country
  • Mexico
  • China
2.4 Production by Company
2.5 Silver Prices
3 Silver Assets
3.1 Active Mines
  • APAC
  • Europe
  • Former Soviet Union
  • Middle East and Africa
  • North America
  • Oceania
  • South and Central America
3.2 Development Projects
  • APAC
  • Europe
  • Former Soviet Union
  • Middle East and Africa
  • North America
  • Oceania
  • South and Central America
3.3 Exploration Projects
  • APAC
  • Europe
  • Former Soviet Union
  • Middle East and Africa
  • North America
  • Oceania
  • South and Central America

4 Trade
5 Demand
5.1 Global demand for solar power
6 Major Silver Producers
6.1 Industrias Penoles SAB de CV
6.2 KGHM Polska Miedz
6.3 Glencore Plc
6.4 Hindustan Zinc Ltd
6.5 Polymetal International plc
6.6 Pan American Silver Corp.
6.7 Southern Copper Corp.
6.8 First Majestic Silver Corp
6.9 Compania De Minas Buenaventura SAA
6.10 Hochschild Mining plc
7 Appendix
7.1 Abbreviations
7.2 Coverage
7.3 Secondary Research
7.4 Development Likelihood
List of Tables
Table 1: Silver reserves by country (thousand tonnes), January 2022
Table 2: Active mines in Peru by total ore reserves (million tonnes), 2022
Table 3: Active mines in Australia by total ore reserves (million tonnes), 2022
Table 4: Active mines in Poland by total ore reserves (million tonnes), 2022
Table 5: Active mines in Russia by total ore reserves (million tonnes), 2022
Table 6: Active mines in China by total ore reserves (million tonnes), 2022
Table 7: Historical and forecast silver mine production (million ounces), 2006-2026
Table 8: Silver mine production by country (million ounces), 2006-2026
Table 9: Silver mine production in Mexico (million ounces), 2006-2026
Table 10: Silver mine production in the China (million ounces), 2006-2026
Table 11: Silver mine production by company (million ounces), 2020-2021
Table 12: Silver prices, quarterly ($/Ounce), 2015-2022
Table 13: Active mines in APAC, 2022
Table 14: Active mines in Europe, 2022
Table 15: Active mines in Former Soviet Union, 2022
Table 16: Active mines in Middle East and Africa, 2022
Table 17: Active mines in North America, 2022
Table 18: Active mines in Oceania, 2022
Table 19: Active mines in South and Central America, 2022
Table 20: Development projects in APAC, 2022
Table 21: Development projects in Europe, 2022
Table 22: Development projects in Former Soviet Union, 2022
Table 23: Development projects in Middle East and Africa, 2022
Table 24: Development projects in North America, 2022
Table 25: Development projects in Oceania, 2022
Table 26: Development projects in South and Central America, 2022
Table 27: Exploration projects in APAC, 2022
Table 28: Exploration projects in Europe, 2022
Table 29: Exploration projects in Former Soviet Union, 2022
Table 30: Exploration projects in Middle East and Africa, 2022
Table 31: Exploration projects in North America, 2022
Table 32: Exploration projects in Oceania, 2022
Table 33: Exploration projects in South and Central America, 2022
Table 34: Global silver demand by end use (million ounces), 2013-2021
Table 35: Installed PV capacity by country, 2012 - 2021
Table 36: Industrias Penoles SAB de CV, major projects, 2022
Table 37: KGHM Polska Miedz, major projects, 2022
Table 38: Glencore Plc, major projects, 2022
Table 39: Hindustan Zinc Ltd, major projects, 2022
Table 40: Polymetal International plc, major projects, 2022
Table 41: Pan American Silver Corp, major projects, 2022
Table 42: Southern Copper Corp, major projects, 2022
Table 43: First Majestic Silver Corp, major projects, 2022
Table 44: Compania De Minas Buenaventura SAA, major projects, 2022
Table 45: Hochschild Mining plc, major projects, 2022
List of Figures
Figure 1: Silver reserves by country (thousand tonnes), 2017-2022
Figure 2: Silver reserves by country (%), January 2022
Figure 3: Historic and forecast silver mine production (million ounces), 2006-2026
Figure 4: Silver mine production by country (million ounces), 2020-2021
Figure 5: Silver mine production in Mexico (million ounces), 2006-2026
Figure 6: Silver mine production in the China (million ounces), 2006-2026
Figure 7: Silver mine production by company (million ounces), 2020-2021
Figure 8: World silver prices, quarterly ($/ounce), 2015-2022
Figure 9: Top exporters and imports of silver ores and concentrates (%), 2020
Figure 10: Global silver demand by end use (%), 2020 vs 2021
Figure 11: Global silver demand by end use (million ounces), 2013-2021
Figure 12: Top 10 countries’ installed PV capacity, 2021
Figure 13: Installed PV capacity by country, 2012 - 2021

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Industrias Penoles SAB de CV
  • KGHM Polska Miedz
  • Glencore Plc
  • Pan American Silver Corp.
  • Hindustan Zinc Ltd
  • Polymetal International plc
  • Compania De Minas Buenaventura SAA
  • Southern Copper Corp.
  • Hochschild Mining plc