World - Diamonds And Other Precious Stones (Unworked) - Market Analysis, Forecast, Size, Trends and Insights

Global Diamond Market Overview 2019

Diamond Market Size

The global diamond market revenue amounted to $X in 2017, rising by X% against the previous year. Overall, diamond consumption continues to indicate a drastic slump. The pace of growth appeared the most rapid in 2017, when market value increased by X% year-to-year. Over the period under review, the global diamond market reached its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Diamond Production

In 2017, the amount of diamonds and other precious stones (unworked) produced worldwide amounted to X tonnes, increasing by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2015, when it surged by X% year-to-year. Over the period under review, the global diamond production attained its peak figure volume in 2017, and is likely to see steady growth in the near future.

Diamond Exports

In 2017, approx. X tonnes of diamonds and other precious stones (unworked) were exported worldwide; rising by X% against the previous year. In general, diamond exports continue to indicate a remarkable expansion. The growth pace was the most rapid in 2017, with an increase of X% against the previous year. In that year, the global diamond exports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, diamond exports totaled $X in 2017. Overall, the total exports indicated a temperate expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the diamond exports increased by +X% against 2015 indices. Over the period under review, the global diamond exports reached its peak figure level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Diamond Exports by Country

Central African Republic dominates diamond exports structure, resulting at X tonnes, which was approx. X% of total exports in 2017. The United Arab Emirates (X tonnes) ranks second in terms of the global exports with a X% share, followed by Belgium (X%). The following exporters - Russia (X tonnes) and India (X tonnes) each accounted for a X% share of total exports.

Exports from Central African Republic increased at an average annual rate of +X% from 2007 to 2017. At the same time, the United Arab Emirates (+X%), India (+X%), Belgium (+X%) and Russia (+X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Belgium, the United Arab Emirates and Central African Republic decreased by -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X), the United Arab Emirates ($X) and Russia ($X) were the countries with the highest levels of exports in 2017, with a combined X% share of global exports.

The United Arab Emirates (+X% per year) recorded the highest growth rate of exports, in terms of the main exporting countries over the last decade, while the other global leaders experienced more modest paces of growth.

Diamond Export Prices by Country

In 2017, the average diamond export price amounted to $X per kg, shrinking by -X% against the previous year. Overall, diamond export price continues to indicate a deep descent. The most prominent rate of growth was recorded in 2010, when the average export prices increased by X% y-o-y. Global export price peaked of $X per kg in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Russia ($X per kg), while Central African Republic ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Russia (+X% per year), while the other global leaders experienced more modest paces of growth.

Diamond Imports

Global imports stood at X tonnes in 2017, rising by X% against the previous year. Overall, diamond imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2017, when imports increased by X% year-to-year. In that year, the global diamond imports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, diamond imports totaled $X in 2017. Overall, the total imports indicated a measured growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the diamond imports increased by +X% against 2015 indices. Global imports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Diamond Imports by Country

Botswana prevails in diamond imports structure, resulting at X tonnes, which was approx. X% of total imports in 2017. India (X tonnes) occupied the second position in the ranking, followed by the United Arab Emirates (X tonnes). All these countries together held approx. X% share of total imports. The following importers - Belgium (X tonnes), Qatar (X tonnes) and China (X tonnes) together made up X% of total imports.

From 2007 to 2017, average annual rates of growth with regard to diamond imports into Botswana stood at +X%. At the same time, Qatar (+X%), the United Arab Emirates (+X%), China (+X%), Belgium (+X%) and India (+X%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Belgium, Qatar, the United Arab Emirates, India and Botswana decreased by -X%, -X%, -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported diamonds and other precious stones (unworked) worldwide, making up X% of global imports. The second position in the ranking was occupied by Belgium ($X), with a X% share of global imports. It was followed by the United Arab Emirates, with a X% share.

In India, diamond imports increased at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Belgium (-X% per year) and the United Arab Emirates (+X% per year).

Diamond Import Prices by Country

The average diamond import price stood at $X per kg in 2017, falling by -X% against the previous year. In general, diamond import price continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2014, an increase of X% y-o-y. Over the period under review, the average import prices for diamonds and other precious stones (unworked) attained its maximum level of $X per kg in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Belgium ($X per kg), while Qatar ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by India (+X% per year), while the other global leaders experienced mixed trends in the import price figures.