Report: Demand for silver expected to rebound in 2014

Posted on November 30, 2012 by Minerals Make Life

Despite a six percent decrease in silver consumption projected for 2013, resulting from the sluggish global economy, a new report commissioned by the Silver Institute found that silver consumption is expected to rebound in 2014. This is due to increased demand for consumer products—specifically automobiles and electronics—in emerging markets where rapidly advancing living standards means such products have become increasingly affordable and desirable.

The report notes that the largest end-use of silver is in the electrical and electronics sector, which includes products such as computers, televisions, cell phones, tablets, as well as photovoltaics.


Click here to download and view the report in its entirety.

Latest From Twitter

Want more U.S.-made electric vehicles? Benchmark Mineral Intelligence exposes gaps in domestic mining and manufactu…
Instead of having China supply metals for our military, the U.S. is looking north as part of its strategy. Read mor…
Only 10 percent of mining companies make it to drilling and one in 10,000 make it to production. Hear from experts…

Take a Stand for Miners Today Take Action