According to GlobalData, China is the world’s second-largest producer of silver, with output of 122,234koz in 2022, up by 0.74% on 2021. Over the five years to 2021, production from China decreased by a CAGR of 0.77% and is expected to rise by a CAGR of 0.45% between 2022 and 2026. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Silver Mining to 2026 report. Buy the report here.
China accounts for 14% of global production, with the other largest producers being Mexico (24%), Peru (12%), Chile (6%) and Australia (5%).
Silvercorp Metals is one of the leading producers of silver in China. Silvercorp Metals's output was 6,199koz in 2021, up by 5% on 2020.
For more detailed analysis of global silver mining, buy the report here.