Eastern Europe: Industrial Diamonds Market 2022

Industrial Diamonds Market Size in Eastern Europe

The East European industrial diamonds market surged to $X in 2021, rising by X% against the previous year. Overall, consumption posted a noticeable increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Industrial Diamonds Production in Eastern Europe

In value terms, industrial diamonds production surged to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a modest expansion. The pace of growth was the most pronounced in 2019 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Industrial Diamonds Exports

Exports in Eastern Europe

In 2021, the amount of industrial diamonds, dust and powder of precious or semi-precious stones exported in Eastern Europe surged to X tons, jumping by X% against the previous year. Overall, exports recorded a prominent expansion. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, industrial diamonds exports soared to $X in 2021. In general, exports, however, continue to indicate a slight reduction. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Romania (X tons), Russia (X tons) and Ukraine (X tons) represented roughly X% of total exports in 2021. Bulgaria (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by the Czech Republic (X%). Belarus (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Bulgaria (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) remains the largest industrial diamonds supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Romania ($X), with a X% share of total exports. It was followed by Bulgaria, with a X% share.

In Russia, industrial diamonds exports shrank by an average annual rate of -X% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Romania (-X% per year) and Bulgaria (+X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per kg in 2021, with a decrease of -X% against the previous year. Overall, the export price showed a abrupt shrinkage. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. The level of export peaked at $X per kg in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Russia ($X per kg), while the Czech Republic (less than $X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+X%), while the other leaders experienced a decline in the export price figures.

Industrial Diamonds Imports

Imports in Eastern Europe

In 2021, after two years of decline, there was significant growth in purchases abroad of industrial diamonds, dust and powder of precious or semi-precious stones, when their volume increased by X% to X tons. Over the period under review, imports posted a buoyant increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, industrial diamonds imports soared to $X in 2021. Total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of industrial diamonds imports in 2021 were Ukraine (X tons), Bulgaria (X tons) and Russia (X tons), together recording X% of total import. Romania (X tons) ranks next in terms of the total imports with a X% share, followed by Poland (X%) and the Czech Republic (X%). Belarus (X tons) held a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Belarus (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest industrial diamonds importing markets in Eastern Europe were Bulgaria ($X), Russia ($X) and Ukraine ($X), with a combined X% share of total imports.

Among the main importing countries, Bulgaria, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Eastern Europe amounted to $X per kg, picking up by X% against the previous year. Over the period under review, the import price, however, recorded a pronounced reduction. The growth pace was the most rapid in 2014 an increase of X% against the previous year. As a result, import price reached the peak level of $X per kg. From 2015 to 2021, the import prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the Czech Republic ($X per kg), while Ukraine ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :