Germany: Diamond Market Overview 2020

Diamond Market Size in Germany

The revenue of the diamond market in Germany amounted to $X in 2018, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, diamond consumption continues to indicate a drastic contraction. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Over the period under review, the diamond market attained its maximum level at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Diamond Exports

Exports from Germany

In 2018, approx. X tonnes of diamonds and other precious stones (unworked) were exported from Germany; declining by -X% against the previous year. In general, diamond exports continue to indicate an abrupt decline. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. In that year, diamond exports attained their peak of X tonnes. From 2013 to 2018, the growth of diamond exports failed to regain its momentum.

In value terms, diamond exports amounted to $X in 2018. Overall, diamond exports continue to indicate an abrupt deduction. The pace of growth was the most pronounced in 2012 when exports increased by X% year-to-year. Exports peaked at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

China, Hong Kong SAR (X tonnes), New Zealand (X tonnes) and the Czech Republic (X tonnes) were the main destinations of diamond exports from Germany, together accounting for X% of total exports. India, the U.S., Poland, Austria, Switzerland, France, Brazil, the Netherlands and Madagascar lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Madagascar, while the other leaders experienced more modest paces of growth.

In value terms, France ($X), New Zealand ($X) and India ($X) were the largest markets for diamond exported from Germany worldwide, together accounting for X% of total exports.

New Zealand recorded the highest rates of growth with regard to exports, among the main countries of destination over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average diamond export price amounted to $X per tonne, lowering by -X% against the previous year. Over the period under review, the diamond export price, however, continues to indicate a modest expansion. The pace of growth was the most pronounced in 2013 an increase of X% year-to-year. Over the period under review, the average export prices for diamonds and other precious stones (unworked) reached their peak figure at $X per tonne in 2017, and then declined slightly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was France ($X per tonne), while the average price for exports to Madagascar ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced more modest paces of growth.

Diamond Imports

Imports into Germany

In 2018, the amount of diamonds and other precious stones (unworked) imported into Germany stood at X tonnes, waning by -X% against the previous year. In general, diamond imports continue to indicate a drastic curtailment. The most prominent rate of growth was recorded in 2016 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, diamond imports amounted to $X in 2018. In general, diamond imports continue to indicate a drastic contraction. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Imports peaked at $X in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, Brazil (X tonnes) constituted the largest supplier of diamond to Germany, accounting for a X% share of total imports. Moreover, diamond imports from Brazil exceeded the figures recorded by the second-largest supplier, India (X tonnes), threefold. The third position in this ranking was occupied by Madagascar (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Brazil stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and Madagascar (-X% per year).

In value terms, Brazil ($X) constituted the largest supplier of diamond to Germany, comprising X% of total diamond imports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of total imports. It was followed by the U.S., with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from Brazil stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China, Hong Kong SAR (-X% per year) and the U.S. (-X% per year).

Import Prices by Country

In 2018, the average diamond import price amounted to $X per tonne, going up by X% against the previous year. Over the period under review, the import price indicated a notable expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, diamond import price increased by +X% against 2014 indices. The growth pace was the most rapid in 2015 when the average import price increased by X% against the previous year. Over the period under review, the average import prices for diamonds and other precious stones (unworked) attained their maximum in 2018 and is likely to continue its growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was China, Hong Kong SAR ($X per tonne), while the price for Morocco ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform