Asia: Non-Industrial Diamond Market 2022

Production By Country in Asia

China (X tons) constituted the country with the largest volume of non-industrial diamond production, comprising approx. X% of total volume. Moreover, non-industrial diamond production in China exceeded the figures recorded by the second-largest producer, Oman (X tons), twofold. The third position in this ranking was occupied by Bahrain (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume in China was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: Oman (+X% per year) and Bahrain (+X% per year).

Non-Industrial Diamond Exports

Exports in Asia

Non-industrial diamond exports fell dramatically to X tons in 2020, declining by -X% compared with 2019. In general, exports, however, recorded perceptible growth. The pace of growth was the most pronounced in 2009 with an increase of X% year-to-year. As a result, the exports reached the peak of X tons. From 2010 to 2020, the growth of the exports failed to regain momentum.

In value terms, non-industrial diamond exports dropped remarkably to $X in 2020. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 when exports increased by X% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2020, the exports stood at a somewhat lower figure.

Exports by Country

Singapore represented the major exporting country with an export of about X tons, which accounted for X% of total exports. Japan (X tons) ranks second in terms of the total exports with a X% share, followed by South Korea (X%). Indonesia (X tons) occupied a little share of total exports.

Singapore experienced a relatively flat trend pattern with regard to volume of exports of non-industrial diamonds. At the same time, South Korea (+X%) and Japan (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Asia, with a CAGR of +X% from 2007-2020. Indonesia experienced a relatively flat trend pattern. From 2007 to 2020, the share of South Korea and Japan increased by +X and +X percentage points, respectively.

In value terms, Singapore ($X) remains the largest non-industrial diamond supplier in Asia, comprising X% of total exports. The second position in the ranking was occupied by Japan ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.

From 2007 to 2020, the average annual growth rate of value in Singapore totaled +X%. In the other countries, the average annual rates were as follows: Japan (-X% per year) and South Korea (-X% per year).

Export Prices by Country

The non-industrial diamond export price in Asia stood at $X per kg in 2020, with an increase of X% against the previous year. Overall, the export price, however, saw a perceptible curtailment. The pace of growth appeared the most rapid in 2010 when the export price increased by X% y-o-y. The level of export peaked at $X per kg in 2013; however, from 2014 to 2020, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Singapore ($X per kg), while South Korea ($X per kg) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Singapore (+X%), while the other leaders experienced a decline in the export price figures.

Non-Industrial Diamond Imports

Imports in Asia

In 2020, approx. X tons of non-industrial diamonds were imported in Asia; shrinking by -X% compared with the previous year's figure. In general, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Over the period under review, imports hit record highs at X tons in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, non-industrial diamond imports contracted rapidly to $X in 2020. Overall, imports continue to indicate a slight contraction. The pace of growth appeared the most rapid in 2011 when imports increased by X% against the previous year. The level of import peaked at $X in 2017; however, from 2018 to 2020, imports failed to regain momentum.

Imports by Country

In 2020, Japan (X tons) represented the key importer of non-industrial diamonds, mixing up X% of total imports. South Korea (X tons) ranks second in terms of the total imports with a X% share, followed by Singapore (X%). Taiwan (Chinese) (X tons) and Indonesia (X tons) took a little share of total imports.

Imports into Japan decreased at an average annual rate of -X% from 2007 to 2020. At the same time, South Korea (+X%) and Indonesia (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer imported in Asia, with a CAGR of +X% from 2007-2020. By contrast, Singapore (-X%) and Taiwan (Chinese) (-X%) illustrated a downward trend over the same period. percentage points. Taiwan (Chinese) (-X p.p.) and Singapore (-X p.p.) saw their shares reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X), Japan ($X) and South Korea ($X) constituted the countries with the highest levels of imports in 2020, with a combined X% share of total imports.

In terms of the main importing countries, South Korea, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2020, the non-industrial diamond import price in Asia amounted to $X per ton, rising by X% against the previous year. Overall, the import price saw resilient growth. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton; afterwards, it flattened through to 2020.

Prices varied noticeably by the country of destination: the country with the highest price was Singapore ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Singapore (+X%), while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform

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