Scrap Supply
Silver recycling, which accounted for 18 percent of total supply in 2023, grew by 1 percent to 178.6Moz. Much like 2022, the industrial sector was the primary driver of volumes, which in turn was due to growth in the recycling of EO catalysts.
Global Recycling
![Global silver recycling 2022](https://www.silverinstitute.org/wp-content/uploads/2024/05/Global_Silver_Recycling.jpg)
Material and statistics in this section were adapted in part from the Silver Institute’s World Silver Survey 2024.