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Germany - Diamonds And Other Precious Stones (Unworked) - Market Analysis, Forecast, Size, Trends and Insights
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Germany: Diamond Market Overview 2021

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Diamond Market Size in Germany

In 2020, the German diamond market decreased by -X% to $X, falling for the second consecutive year after three years of growth. Overall, consumption saw a pronounced reduction. The most prominent rate of growth was recorded in 2014 when the market value increased by X% against the previous year. Diamond consumption peaked at $X in 2008; however, from 2009 to 2020, consumption failed to regain the momentum.

Diamond Production in Germany

In value terms, diamond production fell dramatically to $X in 2020 estimated in export prices. In general, production recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2019 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2020, production failed to regain the momentum.

Diamond Exports

Exports from Germany

In 2020, approx. X tonnes of diamonds and other precious stones (unworked) were exported from Germany; declining by -X% against the previous year's figure. Over the period under review, exports recorded a noticeable decrease. The pace of growth was the most pronounced in 2012 when exports increased by X% year-to-year. As a result, exports attained the peak of X tonnes. From 2013 to 2020, the growth exports failed to regain the momentum.

In value terms, diamond exports contracted markedly to $X in 2020. Overall, exports saw a deep contraction. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. Over the period under review, exports reached the peak figure at $X in 2015; however, from 2016 to 2020, exports failed to regain the momentum.

Exports by Country

France (X tonnes), China (X tonnes) and Hong Kong SAR (X tonnes) were the main destinations of diamond exports from Germany, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France, while exports for the other leaders experienced more modest paces of growth.

In value terms, India ($X) emerged as the key foreign market for diamond exports from Germany, comprising X% of total exports. The second position in the ranking was occupied by Thailand ($X), with a X% share of total exports. It was followed by Switzerland, with a X% share.

From 2007 to 2020, the average annual growth rate of value to India stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (-X% per year) and Switzerland (+X% per year).

Export Prices by Country

The average diamond export price stood at $X per tonne in 2020, which is down by -X% against the previous year. Over the period under review, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% year-to-year. Over the period under review, average export prices reached the peak figure at $X per tonne in 2015; however, from 2016 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Thailand ($X per tonne), while the average price for exports to China ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to India, while the prices for the other major destinations experienced mixed trend patterns.

Diamond Imports

Imports into Germany

Diamond imports into Germany plummeted to X tonnes in 2020, falling by -X% on 2019 figures. Overall, imports saw a pronounced contraction. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Imports peaked at X tonnes in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

In value terms, diamond imports dropped significantly to $X in 2020. Over the period under review, imports continue to indicate a mild contraction. The growth pace was the most rapid in 2016 when imports increased by X% year-to-year. Imports peaked at $X in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Brazil (X tonnes) constituted the largest supplier of diamond to Germany, with a X% share of total imports. Moreover, diamond imports from Brazil exceeded the figures recorded by the second-largest supplier, Uruguay (X tonnes), sixfold. The third position in this ranking was occupied by the U.S. (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Brazil stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Uruguay (+X% per year) and the U.S. (+X% per year).

In value terms, Brazil ($X), Nigeria ($X) and the U.S. ($X) appeared to be the largest diamond suppliers to Germany, together comprising X% of total imports. These countries were followed by India, China, Madagascar, Uruguay, South Africa and Russia, which together accounted for a further X recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average diamond import price amounted to $X per tonne, surging by X% against the previous year. Overall, import price indicated perceptible growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, diamond import price decreased by -X% against 2018 indices. The growth pace was the most rapid in 2013 an increase of X% against the previous year. The import price peaked at $X per tonne in 2018; however, from 2019 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Nigeria ($X per tonne), while the price for Russia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by India, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for diamonds and other precious stones (unworked) in the world?
+
The country with the largest volume of diamond consumption was India (114K tonnes), comprising approx. 30% of total volume. Moreover, diamond consumption in India exceeded the figures recorded by the second-largest consumer, the Dominican Republic (48K tonnes), twofold. The third position in this ranking was occupied by China (48K tonnes), with a 13% share.
What are the largest producers of diamonds and other precious stones (unworked) in the world?
+
The countries with the highest volumes of diamond production in 2020 were Russia (47K tonnes), Canada (32K tonnes) and the United Arab Emirates (27K tonnes), with a combined 49% share of global production. Angola, Botswana, Myanmar, South Africa, Singapore, Democratic Republic of the Congo, Lesotho, Mozambique and Tanzania lagged somewhat behind, together accounting for a further 42%.
What are the leading suppliers of diamonds and other precious stones (unworked) to Germany?
+
In value terms, the largest diamond suppliers to Germany were Brazil ($2M), Nigeria ($1.7M) and the U.S. ($1.2M), with a combined 37% share of total imports. India, China, Madagascar, Uruguay, South Africa and Russia lagged somewhat behind, together accounting for a further 15%.
What are the leading importers of diamonds and other precious stones (unworked) from Germany?
+
In value terms, India ($1M) emerged as the key foreign market for diamond exports from Germany, comprising 27% of total exports. The second position in the ranking was occupied by Thailand ($488K), with a 13% share of total exports. It was followed by Switzerland, with a 11% share.
What is the average export price for diamonds and other precious stones (unworked) in Germany?
+
In 2020, the average diamond export price amounted to $16,683 per tonne, waning by -28.1% against the previous year.
What is the average import price for diamonds and other precious stones (unworked) in Germany?
+
In 2020, the average diamond import price amounted to $26,067 per tonne, growing by 3.6% against the previous year.

Product coverage:
• Prodcom 08992100 - Precious and semi-precious stones (excluding industrial diamonds), unworked or simply sawn or roughly shaped

This report provides an in-depth analysis of the diamond market in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Germany

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Germany
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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