According to GlobalData, Kazakhstan is the world’s twelfth-largest producer of silver, with output of 19,758koz in 2022, up by 20% on 2021. Over the five years to 2021, production from Kazakhstan decreased by a CAGR of 4.89% and is expected to drop by a CAGR of 2.05% 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.
Kazakhstan accounts for 2% of global production, with the other largest producers being Mexico (24%), China (14%), Peru (12%) and Chile (6%).
Leading producers of silver in Kazakhstan are KAZ Minerals and Glencore. KAZ Minerals's output was 3,287koz in 2021, up by 1% on 2020. Glencore produced 2,083koz, a decrease of 4% on the previous year.
For more detailed analysis of global silver mining, buy the report here.