Report Update Apr 1, 2024

United Kingdom - Non-Industrial Diamonds - Market Analysis, Forecast, Size, Trends and Insights

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United Kingdom: Non-Industrial Diamond Market 2022

Non-Industrial Diamond Exports

Exports from the UK

In 2020, overseas shipments of non-industrial diamonds were finally on the rise to reach X tons after two years of decline. Overall, exports, however, continue to indicate a precipitous slump. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2007; however, from 2008 to 2020, the exports remained at a lower figure.

In value terms, non-industrial diamond exports declined to $X in 2020. Over the period under review, exports, however, saw a deep setback. The pace of growth appeared the most rapid in 2017 when exports increased by X% y-o-y. The exports peaked at $X in 2011; however, from 2012 to 2020, the exports failed to regain momentum.

Exports by Country

Switzerland (X tons) was the main destination for non-industrial diamond exports from the UK, accounting for a X% share of total exports. Moreover, non-industrial diamond exports to Switzerland exceeded the volume sent to the second major destination, Hong Kong SAR (X tons), more than tenfold. Ireland (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Switzerland stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (-X% per year) and Ireland (-X% per year).

In value terms, the largest markets for non-industrial diamond exported from the UK were Switzerland ($X), Belgium ($X) and Hong Kong SAR ($X), with a combined X% share of total exports.

Among the main countries of destination, Hong Kong SAR, with a CAGR of -X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2020, the average non-industrial diamond export price amounted to $X per kg, falling by -X% against the previous year. Overall, the export price, however, enjoyed a moderate expansion. The pace of growth was the most pronounced in 2008 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per kg in 2012; however, from 2013 to 2020, the export prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (-X%), while the prices for the other major destinations experienced a decline.

Non-Industrial Diamond Imports

Imports into the UK

In 2020, overseas purchases of non-industrial diamonds decreased by -X% to X tons, falling for the second year in a row after four years of growth. Over the period under review, imports faced a abrupt decline. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure at X tons in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

In value terms, non-industrial diamond imports fell to $X in 2020. In general, imports saw a deep reduction. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Imports peaked at $X in 2011; however, from 2012 to 2020, imports failed to regain momentum.

Imports by Country

India (X tons), Belgium (X tons) and Switzerland (X tons) were the main suppliers of non-industrial diamond imports to the UK.

From 2007 to 2020, the biggest increases were in India (+X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Belgium ($X), India ($X) and Israel ($X) appeared to be the largest non-industrial diamond suppliers to the UK, with a combined X% share of total imports.

In terms of the main suppliers, India, with a CAGR of -X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average non-industrial diamond import price stood at $X per kg in 2020, increasing by X% against the previous year. Over the period under review, import price indicated a pronounced increase 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, non-industrial diamond import price increased by +X% against 2018 indices. The pace of growth appeared the most rapid in 2016 an increase of X% year-to-year. Over the period under review, average import prices attained the maximum in 2020 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Israel ($X per kg), while the price for Switzerland ($X per kg) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Belgium (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

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Frequently Asked Questions (FAQ) :

What are the largest markets for non-industrial diamonds in the world?

The countries with the highest volumes of non-industrial diamond consumption in 2020 were Russia, Canada and Botswana, with a combined 60% share of global consumption.

What are the largest producers of non-industrial diamonds in the world?

The countries with the highest volumes of non-industrial diamond production in 2020 were Russia, Canada and Botswana, with a combined 73% share of global production.

What are the leading suppliers of non-industrial diamonds to the UK?

In value terms, the largest non-industrial diamond suppliers to the UK were Belgium, India and Israel, with a combined 54% share of total imports.

What are the leading importers of non-industrial diamonds from the UK?

In value terms, Switzerland, Belgium and Hong Kong SAR were the largest markets for non-industrial diamond exported from the UK worldwide, with a combined 44% share of total exports.

What is the average export price for non-industrial diamonds in the UK?

In 2020, the average non-industrial diamond export price amounted to $169,433 per kg, which is down by -17.3% against the previous year.

What is the average import price for non-industrial diamonds in the UK?

In 2020, the average non-industrial diamond import price amounted to $207,525 per kg, jumping by 42% against the previous year.

This report provides an in-depth analysis of the non-industrial diamond market in the UK. 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.

Product coverage:

Country coverage:

United Kingdom

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the UK
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023