
World - Diamonds and Other Precious Stones (Unworked) - Market Analysis, Forecast, Size, Trends and Insights
Global Diamond Market 2022
Diamond Market Size
In 2021, the global diamond market increased by X% to $X, rising for the third year in a row after two years of decline. In general, the total consumption indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2018 indices. Global consumption peaked in 2021 and is likely to see steady growth in the near future.
Diamond Production
In value terms, diamond production reduced modestly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, production reached the peak level of $X. From 2015 to 2021, global production growth remained at a lower figure.
Diamond Exports
Exports
In 2021, global diamond exports surged to X tons, growing by X% against the year before. Overall, total exports indicated a perceptible increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the global exports attained the maximum at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.
In value terms, diamond exports skyrocketed to $X in 2021. In general, exports, however, showed a noticeable decline. The global exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
The United Arab Emirates represented the major exporter of diamonds and other precious stones (unworked) in the world, with the volume of exports resulting at X tons, which was near X% of total exports in 2021. Israel (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Botswana (X%) and Brazil (X%). The following exporters - the UK (X tons), China (X tons), South Africa (X tons), Zambia (X tons), Lesotho (X tons) and Lebanon (X tons) - together made up X% of total exports.
From 2012 to 2021, average annual rates of growth with regard to diamond exports from the United Arab Emirates stood at +X%. At the same time, China (+X%), Lebanon (+X%), Zambia (+X%), Lesotho (+X%), South Africa (+X%), Brazil (+X%) and Israel (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2012-2021. By contrast, Botswana (-X%) and the UK (-X%) illustrated a downward trend over the same period. The United Arab Emirates (+X p.p.), Brazil (+X p.p.), Israel (+X p.p.) and China (+X p.p.) significantly strengthened its position in terms of the global exports, while Botswana and the UK saw its share reduced by -X% and -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United Arab Emirates ($X) remains the largest diamond supplier worldwide, comprising X% of global exports. The second position in the ranking was held by Botswana ($X), with a X% share of global exports. It was followed by South Africa, with a X% share.
From 2012 to 2021, the average annual rate of growth in terms of value in the United Arab Emirates totaled +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Botswana (-X% per year) and South Africa (+X% per year).
Export Prices by Country
The average diamond export price stood at $X per ton in 2021, dropping by -X% against the previous year. In general, the export price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably countryorigin: the country with the highest price was South Africa ($X per ton), while Brazil ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (-X%), while the other global leaders experienced a decline in the export price figures.
Diamond Imports
Imports
In 2021, after two years of decline, there was significant growth in supplies from abroad of diamonds and other precious stones (unworked), when their volume increased by X% to X tons. In general, total imports indicated measured growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, diamond imports soared to $X in 2021. Overall, imports, however, showed a pronounced setback. Over the period under review, global imports attained the maximum at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.
Imports by Country
India was the major importer of diamonds and other precious stones (unworked) in the world, with the volume of imports finishing at X tons, which was near X% of total imports in 2021. It was distantly followed by China (X tons) and the United Arab Emirates (X tons), together making up a X% share of total imports. Israel (X tons) and Botswana (X tons) followed a long way behind the leaders.
India was also the fastest-growing in terms of the diamonds and other precious stones (unworked) imports, with a CAGR of +X% from 2012 to 2021. At the same time, the United Arab Emirates (+X%) and China (+X%) displayed positive paces of growth. By contrast, Botswana (-X%) and Israel (-X%) illustrated a downward trend over the same period. India (+X p.p.), China (+X p.p.) and the United Arab Emirates (+X p.p.) significantly strengthened its position in terms of the global imports, while Botswana and Israel saw its share reduced by -X% and -X% from 2012 to 2021, respectively.
In value terms, India ($X) constitutes the largest market for imported diamonds and other precious stones (unworked) worldwide, comprising X% of global imports. The second position in the ranking was taken by the United Arab Emirates ($X), with an X% share of global imports. It was followed by Israel, with a X% share.
From 2012 to 2021, the average annual growth rate of value in India totaled +X%. In the other countries, the average annual rates were as follows: the United Arab Emirates (+X% per year) and Israel (-X% per year).
Import Prices by Country
In 2021, the average diamond import price amounted to $X per ton, reducing by -X% against the previous year. Over the period under review, the import price saw a abrupt shrinkage. The pace of growth was the most pronounced in 2015 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Botswana ($X per ton), while China ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Botswana (-X%), while the other global leaders experienced a decline in the import price figures.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the global diamond market. 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 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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