Photography is a Top Driver in Silver Demand, Showing Film's Resurgence

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A new report found that demand for silver increased 19% last year, due in part to the rising demand and surging popularity of film.

found that demand for silver increased 19% last year achieving its highest levels since 2015. Part of this increase is being attributed to the rising demand and surging popularity of film., silver-halide photography was the predominant form of photo technology for more than a century before the advent and growth of digital photography. As digital photography became the standard, the use of film fell off and therefore so did the demand for silver.

That said, there may be other factors at play here that are skewing the results. It is important to note that hobbyist photography and X-ray photography are grouped together in the Silver Survey’s report, which says that the main reason there was such a notable uptick was the medical sector.

 

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