According to GlobalData, Brazil is the world’s fourteenth-largest producer of silver in 2023, with output up by 70% on 2022. Over the five years to 2022, production from Brazil increased by a CAGR of 2% and is expected to rise by a CAGR of 18% between 2023 and 2027. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Silver Mining to 2030 report. Buy the report here.
Brazil accounts for 0.52% of global production, with the largest producers being Mexico, China, Peru and Chile.
Lundin Mining is one of the leading producers of silver in Brazil. In 2021, the company’s output was up by 9% over 2020.
For more detailed analysis of global silver mining, buy the report here.
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