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Report World - Diamonds (Industrial) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

World - Diamonds (Industrial) - Market Analysis, Forecast, Size, Trends and Insights

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Global Industrial Diamond Market 2024

Industrial Diamond Market Size

In 2022, after three years of growth, there was significant decline in the global industrial diamond market, when its value decreased by X% to $X. Overall, consumption, however, continues to indicate buoyant growth. As a result, consumption attained the peak level of $X, and then declined in the following year.

Industrial Diamond Production

In value terms, industrial diamond production totaled $X in 2022 estimated in export price. Overall, production, however, showed a strong expansion. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, global production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Industrial Diamond Exports

Exports

In 2022, overseas shipments of diamonds (industrial) increased by X% to X carats, rising for the second year in a row after two years of decline. Overall, exports posted strong growth. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, the exports attained the peak of X carats. From 2019 to 2022, the growth of the global exports remained at a lower figure.

In value terms, industrial diamond exports skyrocketed to $X in 2022. In general, total exports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. The global exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

In 2022, the United Arab Emirates (X carats) and Angola (X carats) represented the main exporters of diamonds (industrial)around the world, together reaching near X% of total exports. Russia (X carats) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Botswana (X%), Belgium (X%) and Zimbabwe (X%). South Africa (X carats), India (X carats), the UK (X carats), Armenia (X carats) and Democratic Republic of the Congo (X carats) took a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the United Arab Emirates (with a CAGR of X%), while the other global leaders experienced more modest paces of growth.

In value terms, Angola ($X) remains the largest industrial diamond supplier worldwide, comprising X% of global exports. The second position in the ranking was held by Zimbabwe ($X), with a X% share of global exports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Angola stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Zimbabwe (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

In 2022, the average industrial diamond export price amounted to $X per kg, with an increase of X% against the previous year. Over the period under review, the export price, however, showed a perceptible setback. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per kg in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Angola ($X per kg), while the UK ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Angola (X%), while the other global leaders experienced more modest paces of growth.

Industrial Diamond Imports

Imports

In 2022, global industrial diamond imports contracted remarkably to X carats, falling by X% compared with 2021 figures. Overall, imports saw a deep slump. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Global imports peaked at X carats in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, industrial diamond imports fell remarkably to $X in 2022. Over the period under review, imports continue to indicate a deep contraction. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then plummeted in the following year.

Imports by Country

The United Arab Emirates represented the main importer of diamonds (industrial) in the world, with the volume of imports recording X carats, which was near X% of total imports in 2022. It was distantly followed by India (X carats), mixing up a X% share of total imports. Belgium (X carats) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while purchases for the other global leaders experienced mixed trends in the imports figures.

In value terms, India ($X), the United Arab Emirates ($X) and Belgium ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of global imports.

India, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the average industrial diamond import price amounted to $X per kg, declining by X% against the previous year. In general, the import price, however, showed a prominent increase. The growth pace was the most rapid in 2013 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 kg in 2021, and then shrank remarkably in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belgium ($X per kg), while the United Arab Emirates ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of consumption in 2023 were Turkey and Angola.
The countries with the highest volumes of production in 2022 were Turkey and Angola.
In value terms, Angola remains the largest industrial diamond supplier worldwide, comprising 72% of global exports. The second position in the ranking was held by Zimbabwe, with a 5.4% share of global exports. It was followed by the United Arab Emirates, with a 5.3% share.
In value terms, India, the United Arab Emirates and Belgium constituted the countries with the highest levels of imports in 2022, together accounting for 81% of global imports.
The average industrial diamond export price stood at $74 per kg in 2022, increasing by 28% against the previous year.
The average industrial diamond import price stood at $8.1 per kg in 2022, shrinking by -53.7% against the previous year.

This report provides an in-depth analysis of the global industrial 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.

Product coverage:

  • Prodcom 08992200 - Industrial diamonds, unworked or simply sawn, cleaved or bruted, pumice stone, emery, natural corundum, natural garnet and other natural abrasives

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. 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. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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