Which Country Imports the Most Diamonds and Other Precious Stones in the World?

Other Mining And Quarrying May 28, 2018
Author: Sergey Avramenko
Head of Global Markets Research Team

Which Country Imports the Most Diamonds and Other Precious Stones in the World?

IndexBox has just published a new report "World: Derricks, Cranes, Mobile Lifting Frames, Straddle Carriers And Work Trucks Fitted With A Crane ; Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

In 2016, the amount of crane imported worldwide amounted to 4M tonnes, descending by ;3.5% against the previous year level. In general, crane imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, an increase of 14% from the previous year level. Global crane import peaked of 4.6M tonnes in 2008; however, from 2009 to 2016, it stood at a somewhat lower level.

In value terms, crane imports totaled $13B in 2016. Overall, crane imports continue to indicate a relatively flat trend pattern. In that year, global crane imports attained its maximum level of $17B. From 2009 to 2016, growth of global crane imports stood at a somewhat lower level.

Top Crane Importing Countries in the World

1. USA (1,433.0 million USD)

2. Singapore (734.7 million USD)

3. India (552.4 million USD)

4. South Korea (458.0 million USD)

5. Germany (384.3 million USD)

6. Indonesia (359.2 million USD)

7. United Arab Emirates (309.3 million USD)

8. China (268.7 million USD)

9. Austria (228.8 million USD)

10. Italy (186.0 million USD)

11. Japan (141.8 million USD)

12. Spain (118.3 million USD)

Crane Imports By Country

In 2016, China (667K tonnes), distantly followed by Japan (345K tonnes), Germany (285K tonnes), the U.S. (261K tonnes), and Italy (239K tonnes) represented the largest importers of crane, together comprising 45% of total imports. Spain (119K tonnes), South Korea (103K tonnes), Indonesia (101K tonnes), Singapore (100K tonnes), Austria (80K tonnes), India (79K tonnes), and United Arab Emirates (77K tonnes) occupied the slight share of total imports.

From 2007 to 2016, the most notable growth rate of crane imports, among the main importing countries, was attained by Indonesia (+19.2% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the U.S. ($1.4B), Singapore ($735M) and India ($552M) were the countries with the highest levels of imports in 2016, together comprising 21% of global imports. These countries were followed by South Korea, Germany, Indonesia, United Arab Emirates, China, Austria, Italy, Japan and Spain, which together accounted for a further 19%.

Indonesia (+20.1% per year) had the highest growth rate of crane imports, in terms of the main importing countries, over the last 9 years, while the other global leaders experienced more modest paces of growth.

Crane Import Prices By Country

In 2016, the average import price for crane amounted to $3,309 per tonne, lowering by ;6.9% against the previous year. In general, crane import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, when import increased by 16% y;o;y. In that year, average crane import price reached its maximum level of $3,797 per tonne. From 2009 to 2016, growth of average crane import price stood at a somewhat lower level.

Import prices varied noticeably by country of destination. the country with the highest import prices was Singapore ($7,348 per tonne), while China ($403 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of crane import prices was attained by Japan (+7.5% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global crane market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • crane market share
  • crane prices
  • crane industry
  • crane sales
  • crane import
  • crane export
  • crane market forecast
  • crane price forecast
  • key crane producers

All data provided in this article covers the following product: HS Code 8426 ; Derricks, cranes, including cable cranes, mobile lifting frames, straddle carriers and works trucks fitted with a crane.

Source: World: Derricks, Cranes, Mobile Lifting Frames, Straddle Carriers And Work Trucks Fitted With A Crane ; Market Report. Analysis and Forecast to 2025"

"IndexBox has just published a new report "World: Diamonds And Other Precious Stones (Unworked) - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

In 2016, the amount of diamond imported worldwide totaled 1.2K tonnes, remaining stable against the previous year level. In general, diamond imports continue to indicate a measured expansion. The pace of growth was the most pronounced in 2015, an increase of 67% from the previous year level. In that year, global diamond imports reached its maximum volume of 1.2K tonnes, falling back in the following year.

In value terms, diamond imports totaled $120B in 2016. Overall, it indicated a conspicuous growth from 2007 to 2016: the total imports value increased at an average annual rate of +2.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, diamond imports decreased by -20.9% against its level of 2011. Over the period under review, global diamond imports reached its maximum level of $152B in 2011- however, from 2012 to 2016, it failed to regain its strength.

Top Diamond Importing Countries in the World

1. United Arab Emirates (12.5 billion USD)

2. United Kingdom (2.2 billion USD)

3. France (0.8 billion USD)

4. Italy (0.8 billion USD)

5. Zambia (0.0 billion USD)

Diamond Imports By Country

The UK (808 tonnes) represented the main importing country with an import of about 808 tonnes, which resulted at 67% of total imports. It was distantly followed by Italy (203 tonnes), committing 17% share of total diamond imports. France (41 tonnes), United Arab Emirates (27 tonnes), and Zambia (19 tonnes) occupied the mild share of total imports.

From 2007 to 2016, average annual rates of growth with regard to diamond imports into the UK stood at +32.0%. At the same time, Zambia (+78.8%), France (+13.7%), and Italy (+8.6%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest growing importer/exporter in the world, with a CAGR of +78.8% from 2007-2016. By contrast, United Arab Emirates (-3.5%) illustrated a downward trend over the same period. While the share of Zambia (-1.5%), France (-2.3%), Italy (-8.8%), and the UK (-61.4%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, United Arab Emirates ($13B) constitutes the largest market for imported diamond worldwide, making up 10% of global imports. The second position in the ranking was occupied by the UK ($2.2B), with the share of 2% of global imports. It was followed by France, with the share of 0.7%.

In United Arab Emirates, diamond imports expanded at an average annual rate of +11.7% over the period from 2007-2016. In the other countries, the average annual rates were as follows: the UK (-14.7% per year) and France (+3.7% per year).

Diamond Import Prices By Country

In 2016, the average import price for diamond amounted to $100K per kg, growing by 4% against the previous year. Overall, diamond import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010, an increase of 134% from the previous year level. Global diamond import peaked of $384K per kg in 2011- however, from 2012 to 2016, it failed to regain its strength.

Import prices varied noticeably by country of destination. the country with the highest import prices was United Arab Emirates ($465K per kg), while Zambia ($3,186 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of diamond import prices was attained by United Arab Emirates (+15.8% per year), while the other global leaders experienced mixed trends in the import price figures.

Do you want to know more about global diamond market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • diamond market share
  • diamond prices
  • diamond industry
  • diamond sales
  • diamond import
  • diamond export
  • diamond market forecast
  • diamond price forecast
  • key diamond producers

All data provided in this article covers the following product: HS Code 7102 - Diamonds, whether or not worked, but not mounted or set.

Source: World: Diamonds And Other Precious Stones (Unworked) - Market Report. Analysis and Forecast to 2025