Indonesia Silver Market (2025-2031) Outlook | Share, Industry, Companies, Analysis, Size, Value, Forecast, Growth, Revenue & Trends

Market Forecast By Type (Sterling Silver, German Silver, Coin Silver, Britannia Silver, Mexican Silver, Russian Silver, Oxidized Silver, Others), By Application (Silverware, Industrial, Jewelry, Investment, Photographic , Films, Electrical And Electronics, Pharmaceuticals) And Competitive Landscape
Product Code: ETC305428 Publication Date: Aug 2022 Updated Date: Aug 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Indonesia Silver Market Competition 2023

Indonesia Silver market currently, in 2023, has witnessed an HHI of 5222, Which has increased moderately as compared to the HHI of 2718 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.

 Indonesia Silver Market Competition 2023

Indonesia Export Potential Assessment For Silver Market (Values in USD Thousand)


Indonesia Export Potential Assessment For Silver Market (Values in USD Thousand)

Indonesia Silver Market Synopsis

The demand for silver in Indonesia has been steadily rising over the past few years due to its use in jewelry making as well as other industrial applications such as catalysts, electrical contacts, batteries and photography. According to a report published by 6wresearch, Indonesia imported around 64 tons of silver worth USD26 million that year. India remains one of the leading suppliers of silver into Indonesia accounting for roughly 30 percent share followed by Thailand just behind at 28 percent.

Drivers of the Market

The Indonesia Silver market`s outlook is influenced by factors such as jewelry demand, investment opportunities, and global silver prices. Silver has cultural and economic significance in Indonesia, with applications ranging from traditional jewelry to modern electronics. The market`s growth could be driven by trends in luxury consumption, technological advancements, and the increasing use of silver in renewable energy technologies.

Challenges of the Market

Challenges may include maintaining a balance between supply and demand, managing market volatility, and promoting sustainable sourcing practices.

COVID-19 Impact on the Market

The COVID-19 pandemic had an impact on the market, with disruptions in the supply chain and changes in consumer spending patterns. As people prioritized essential goods over luxury items during the pandemic, the silver market might have experienced temporary setbacks. However, as the situation improves and consumer confidence returns, the market is likely to rebound, driven by jewelry demand, investment considerations, and traditional uses.

Key Players in the Market

The silver market outlook in Indonesia could be influenced by factors like jewelry demand, investment trends, and industrial usage. The demand for silver in jewelry and other applications may drive the market. Key players might encompass jewelry manufacturers, precious metal traders, and industrial suppliers.

Key Highlights of the Report:

  • Indonesia Silver Market Outlook
  • Market Size of Indonesia Silver Market, 2024
  • Forecast of Indonesia Silver Market, 2031
  • Historical Data and Forecast of Indonesia Silver Revenues & Volume for the Period 2021-2031
  • Indonesia Silver Market Trend Evolution
  • Indonesia Silver Market Drivers and Challenges
  • Indonesia Silver Price Trends
  • Indonesia Silver Porter's Five Forces
  • Indonesia Silver Industry Life Cycle
  • Historical Data and Forecast of Indonesia Silver Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Indonesia Silver Market Revenues & Volume By Sterling Silver for the Period 2021-2031
  • Historical Data and Forecast of Indonesia Silver Market Revenues & Volume By German Silver for the Period 2021-2031
  • Historical Data and Forecast of Indonesia Silver Market Revenues & Volume By Coin Silver for the Period 2021-2031
  • Historical Data and Forecast of Indonesia Silver Market Revenues & Volume By Britannia Silver for the Period 2021-2031
  • Historical Data and Forecast of Indonesia Silver Market Revenues & Volume By Mexican Silver for the Period 2021-2031
  • Historical Data and Forecast of Indonesia Silver Market Revenues & Volume By Russian Silver for the Period 2021-2031
  • Historical Data and Forecast of Indonesia Silver Market Revenues & Volume By Oxidized Silver for the Period 2021-2031
  • Historical Data and Forecast of Indonesia Sterling Silver Silver Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Indonesia Silver Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Indonesia Silver Market Revenues & Volume By Silverware for the Period 2021-2031
  • Historical Data and Forecast of Indonesia Silver Market Revenues & Volume By Industrial for the Period 2021-2031
  • Historical Data and Forecast of Indonesia Silver Market Revenues & Volume By Jewelry for the Period 2021-2031
  • Historical Data and Forecast of Indonesia Silver Market Revenues & Volume By Investment for the Period 2021-2031
  • Historical Data and Forecast of Indonesia Silver Market Revenues & Volume By Photographic for the Period 2021-2031
  • Historical Data and Forecast of Indonesia Silver Market Revenues & Volume By Films for the Period 2021-2031
  • Historical Data and Forecast of Indonesia Silver Market Revenues & Volume By Electrical And Electronics for the Period 2021-2031
  • Historical Data and Forecast of Indonesia Silver Market Revenues & Volume By Pharmaceuticals for the Period 2021-2031
  • Indonesia Silver Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Indonesia Silver Top Companies Market Share
  • Indonesia Silver Competitive Benchmarking By Technical and Operational Parameters
  • Indonesia Silver Company Profiles
  • Indonesia Silver Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Indonesia Silver Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Indonesia Silver Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Indonesia Silver Market Overview

3.1 Indonesia Country Macro Economic Indicators

3.2 Indonesia Silver Market Revenues & Volume, 2021 & 2031F

3.3 Indonesia Silver Market - Industry Life Cycle

3.4 Indonesia Silver Market - Porter's Five Forces

3.5 Indonesia Silver Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Indonesia Silver Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Indonesia Silver Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growing disposable income among the middle-class population in Indonesia

4.2.2 Increasing trend towards silver jewelry as a fashion statement

4.2.3 Rise in online retailing and e-commerce platforms promoting silver jewelry

4.3 Market Restraints

4.3.1 Fluctuating silver prices in the global market affecting import costs

4.3.2 Competition from other affordable jewelry materials like stainless steel or brass

4.3.3 Impact of economic instability on consumer spending behavior

5 Indonesia Silver Market Trends

6 Indonesia Silver Market, By Types

6.1 Indonesia Silver Market, By Type

6.1.1 Overview and Analysis

6.1.2 Indonesia Silver Market Revenues & Volume, By Type, 2021-2031F

6.1.3 Indonesia Silver Market Revenues & Volume, By Sterling Silver, 2021-2031F

6.1.4 Indonesia Silver Market Revenues & Volume, By German Silver, 2021-2031F

6.1.5 Indonesia Silver Market Revenues & Volume, By Coin Silver, 2021-2031F

6.1.6 Indonesia Silver Market Revenues & Volume, By Britannia Silver, 2021-2031F

6.1.7 Indonesia Silver Market Revenues & Volume, By Mexican Silver, 2021-2031F

6.1.8 Indonesia Silver Market Revenues & Volume, By Russian Silver, 2021-2031F

6.1.9 Indonesia Silver Market Revenues & Volume, By Others, 2021-2031F

6.1.10 Indonesia Silver Market Revenues & Volume, By Others, 2021-2031F

6.2 Indonesia Silver Market, By Application

6.2.1 Overview and Analysis

6.2.2 Indonesia Silver Market Revenues & Volume, By Silverware, 2021-2031F

6.2.3 Indonesia Silver Market Revenues & Volume, By Industrial, 2021-2031F

6.2.4 Indonesia Silver Market Revenues & Volume, By Jewelry, 2021-2031F

6.2.5 Indonesia Silver Market Revenues & Volume, By Investment, 2021-2031F

6.2.6 Indonesia Silver Market Revenues & Volume, By Photographic , 2021-2031F

6.2.7 Indonesia Silver Market Revenues & Volume, By Films, 2021-2031F

6.2.8 Indonesia Silver Market Revenues & Volume, By Pharmaceuticals, 2021-2031F

6.2.9 Indonesia Silver Market Revenues & Volume, By Pharmaceuticals, 2021-2031F

7 Indonesia Silver Market Import-Export Trade Statistics

7.1 Indonesia Silver Market Export to Major Countries

7.2 Indonesia Silver Market Imports from Major Countries

8 Indonesia Silver Market Key Performance Indicators

8.1 Average order value (AOV) for silver jewelry purchases

8.2 Percentage of online sales in the total silver jewelry market

8.3 Consumer sentiment index towards silver jewelry trends

8.4 Number of new designs or collections launched in the market

8.5 Percentage of repeat customers in the silver jewelry segment

9 Indonesia Silver Market - Opportunity Assessment

9.1 Indonesia Silver Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Indonesia Silver Market Opportunity Assessment, By Application, 2021 & 2031F

10 Indonesia Silver Market - Competitive Landscape

10.1 Indonesia Silver Market Revenue Share, By Companies, 2024

10.2 Indonesia Silver Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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