Report Update May 1, 2024

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

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Malaysia: Industrial Diamond Market 2024

Industrial Diamond Market Size in Malaysia

The Malaysian industrial diamond market totaled less than $X in 2022, therefore, remained relatively stable against the previous year. Overall, consumption, however, recorded a significant increase. The pace of growth was the most pronounced in 2019 when the market value decreased by X% against the previous year. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Industrial Diamond Production in Malaysia

In value terms, industrial diamond production shrank notably to $X in 2022 estimated in export price. Over the period under review, production recorded a perceptible reduction. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Industrial Diamond Exports

Exports from Malaysia

Industrial diamond exports from Malaysia totaled X carats in 2018, approximately reflecting the previous year's figure. Overall, exports showed a precipitous contraction. The smallest decline of X% was in 2014. The exports peaked at X carats in 2013; however, from 2014 to 2018, the exports remained at a lower figure.

In value terms, industrial diamond exports stood at $X in 2018. Over the period under review, exports faced a sharp shrinkage. The smallest decline of X% was in 2014. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2018, the exports failed to regain momentum.

Exports by Country

Singapore (X carats) and the United Arab Emirates (X carats) were the main destinations of industrial diamond exports from Malaysia.

From 2013 to 2018, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%).

In value terms, the largest markets for industrial diamond exported from Malaysia were Singapore ($X) and the United Arab Emirates ($X).

In terms of the main countries of destination, the United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2018, the average industrial diamond export price amounted to $X per kg, almost unchanged from the previous year. In general, the export price showed a significant expansion. The growth pace was the most rapid in 2014 a decrease of X%. Over the period under review, the average export prices reached the peak figure in 2018 and is expected to retain growth in years to come.

Average prices varied noticeably for the major foreign markets. In 2018, amid the top suppliers, the country with the highest price was Singapore ($X per kg), while the average price for exports to the United Arab Emirates stood at $X per kg.

From 2013 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (X%).

Industrial Diamond Imports

Imports into Malaysia

In 2022, purchases abroad of diamonds (industrial) decreased by X% to X carats for the first time since 2017, thus ending a four-year declining trend. Overall, imports, however, continue to indicate resilient growth. The smallest decline of X% was in 2018. Imports peaked at X carats in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, industrial diamond imports dropped notably to $X in 2022. In general, imports, however, enjoyed significant growth. Imports peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Singapore (X carats) constituted the largest supplier of industrial diamond to Malaysia, with a X% share of total imports. Moreover, industrial diamond imports from Singapore exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X carats), sixfold.

From 2013 to 2022, the average annual rate of growth in terms of volume from Singapore stood at X%.

In value terms, Singapore ($X) constituted the largest supplier of diamonds (industrial) to Malaysia, comprising X% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a X% share of total imports.

From 2013 to 2022, the average annual rate of growth in terms of value from Singapore amounted to X%.

Import Prices by Country

The average industrial diamond import price stood at $X per kg in 2022, with an increase of X% against the previous year. Over the period under review, the import price continues to indicate a significant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Singapore ($X per kg), while the price for Hong Kong SAR totaled $X per kg.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for diamonds (industrial) in the world?

The countries with the highest volumes of consumption in 2023 were Turkey and Angola.

What are the largest producers of diamonds (industrial) in the world?

The countries with the highest volumes of production in 2022 were Turkey and Angola.

What are the leading suppliers of diamonds (industrial) to Malaysia?

In value terms, Singapore constituted the largest supplier of diamonds industrial) to Malaysia, comprising 87% of total imports. The second position in the ranking was held by Hong Kong SAR, with a 13% share of total imports.

What are the leading importers of diamonds (industrial) from Malaysia?

In value terms, Singapore and the United Arab Emirates appeared to be the largest markets for industrial diamond exported from Malaysia worldwide.

What is the average export price for diamonds (industrial) in Malaysia?

The average industrial diamond export price stood at $1,230 per kg in 2018, remaining relatively unchanged against the previous year.

What is the average import price for diamonds (industrial) in Malaysia?

In 2022, the average industrial diamond import price amounted to $7,128 per kg, picking up by 7.1% against the previous year.

This report provides an in-depth analysis of the industrial diamond market in Malaysia. 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:

Malaysia

Data coverage:

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