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Global silver demand by purpose 2017

Global silver demand in 2017, by purpose (in million ounces)

The data illustrates global silver demand in 2017, broken down by purpose. In that year, the jewelry industry used some 209.1 million ounces of silver. That was more than one fifth of the total global silver demand. Silver is a precious metal that has the highest reflectivity as well as electrical and thermal conductivity of any metal.

Jewelry 209.1
Coins & bars 151.1
Silverware 58.4
Industrial - electrical & electronics 242.9
Industrial - brazing alloys & solders 57.5
Industrial - photography 44
Industrial - photovoltaic 94.1
Industrial - ethylene oxide 6.9
Other industrial 153.7
Total 1017.6

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