According to GlobalData, Kazakhstan is the world’s twelfth-largest producer of silver in 2023, with output up by 3% on 2022. Over the five years to 2022, production from Kazakhstan decreased by a CAGR of 6.95% and is expected to drop by a CAGR of 3% 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.
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Kazakhstan accounts for 2% of global production, with the largest producers being Mexico, China, Peru and Chile.
Leading producers of silver in Kazakhstan are KAZ Minerals, Glencore and Polymetal International. During 2020-2021, KAZ Minerals's output was up by 10%, Glencore's output decreased by 25%, while output from Polymetal International increased by 66%.
For more detailed analysis of global silver mining, buy the report here.
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