Netherlands: Industrial Diamonds Market 2022

Industrial Diamonds Market Size in the Netherlands

The Dutch industrial diamonds market skyrocketed to $X in 2021, increasing by X% against the previous year. Over the period under review, consumption continues to indicate a prominent increase. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Industrial Diamonds Production in the Netherlands

In value terms, industrial diamonds production dropped to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X, and then fell in the following year.

Industrial Diamonds Exports

Exports from the Netherlands

In 2021, shipments abroad of industrial diamonds, dust and powder of precious or semi-precious stones increased by X% to X tons for the first time since 2017, thus ending a three-year declining trend. Overall, exports, however, recorded a pronounced contraction. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, industrial diamonds exports skyrocketed to $X in 2021. Over the period under review, exports recorded a tangible expansion. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for industrial diamonds exports from the Netherlands, with a X% share of total exports. Moreover, industrial diamonds exports to China exceeded the volume sent to the second major destination, the UK (X tons), threefold. The United States (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to China stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-X% per year) and the United States (-X% per year).

In value terms, the United States ($X) remains the key foreign market for industrial diamonds exports from the Netherlands, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports. It was followed by Switzerland, with a X% share.

From 2012 to 2021, the average annual growth rate of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+X% per year) and Switzerland (+X% per year).

Export Prices by Country

In 2021, the average industrial diamonds export price amounted to $X per kg, falling by -X% against the previous year. In general, the export price, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per kg in 2020, and then dropped in the following year.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($X per kg), while the average price for exports to China ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Industrial Diamonds Imports

Imports into the Netherlands

In 2021, purchases abroad of industrial diamonds, dust and powder of precious or semi-precious stones was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports enjoyed strong growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, industrial diamonds imports skyrocketed to $X in 2021. Overall, imports posted a resilient expansion. The pace of growth was the most pronounced in 2014 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The UK (X tons), Germany (X tons) and the United States (X tons) were the main suppliers of industrial diamonds imports to the Netherlands, together accounting for X% of total imports. These countries were followed by Belgium, China, Senegal and Austria, which together accounted for a further X 2012 to 2021, the biggest increases were in Senegal (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) constituted the largest supplier of industrial diamonds to the Netherlands, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by the United States, with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the UK totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and the United States (-X% per year).

Import Prices by Country

The average industrial diamonds import price stood at $X per kg in 2021, increasing by X% against the previous year. Over the period under review, the import price enjoyed measured growth. The pace of growth appeared the most rapid in 2019 an increase of X%. Over the period under review, average import prices reached the peak figure in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the UK ($X per kg), while the price for Senegal (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 Germany (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

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Source: IndexBox Platform

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