The following table shows the average silver supply and demand (use) averaged for the last 9 years according to the Silver Institute 2020 Supply & Demand report.
| Silver Institute 2020 | Averages 2011 -2019 Moz. |
| Mine Production | 845 |
| Net Government Sales | 2 |
| Recycling | 184 |
| Total Supply | 1030 |
| Demand | |
| Jewelry | 188 |
| Photovoltaics | 74 |
| Photography | 43 |
| Silverware | 52 |
| Other Industrial | 410 |
| Total Demand | 767 |
| Surplus | 263 |