Brazil - Diamonds And Other Precious Stones (Unworked) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIn 2023, Brazil's Diamond Exports Reach $93 Million
Brazil Diamond Exports
Diamond exports from Brazil was estimated at 16K tons in 2023, surging by 3.7% compared with the previous year's figure. Over the period under review, total exports indicated a moderate expansion from 2013 to 2023: its volume increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by -7.7% against 2021 indices. The growth pace was the most rapid in 2021 when exports increased by 61%. As a result, the exports reached the peak of 18K tons. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.
In value terms, diamond exports dropped modestly to $93M (IndexBox estimates) in 2023. Overall, exports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2016 with an increase of 59% against the previous year. Over the period under review, the exports attained the peak figure at $95M in 2018; however, from 2019 to 2023, the exports remained at a lower figure.
| COUNTRY | Export Value of Diamond in Brazil (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Belgium | 0.3 | 1.2 | 1.0 | 1.5 | 1.5 | 2.2 | 1.9 | 17.7 | 35.4 | 33.0 | 18.4 |
| China | 12.0 | 9.8 | 8.3 | 7.6 | 7.6 | 6.8 | 8.1 | 7.9 | 12.8 | 12.1 | 18.3 |
| United States | 9.3 | 6.4 | 10.4 | 14.2 | 15.1 | 11.7 | 9.0 | 6.9 | 17.5 | 18.1 | 14.4 |
| India | 11.7 | 9.2 | 5.4 | 3.8 | 7.2 | 6.6 | 5.2 | 2.2 | 4.8 | 8.1 | 10.1 |
| Thailand | 1.0 | 1.0 | 1.1 | 0.5 | 0.4 | 0.3 | 1.5 | 0.4 | 0.2 | 0.5 | 9.1 |
| Italy | 1.0 | 0.9 | 0.5 | 0.4 | 0.4 | 1.0 | 1.8 | 1.5 | 1.5 | 2.8 | 5.2 |
| Hong Kong | 11.4 | 13.4 | 10.3 | 9.1 | 7.9 | 6.6 | 7.8 | 6.6 | 7.6 | 6.3 | 5.1 |
| Israel | 0.6 | 4.4 | 3.6 | 2.4 | 1.1 | 0.7 | 0.8 | 5.1 | 2.8 | 1.7 | 2.8 |
| United Arab Emirates | 0.5 | 6.1 | N/A | 28.1 | 48.4 | 41.6 | 26.5 | 4.3 | 0.9 | 1.4 | 2.5 |
| Others | 4.4 | 4.4 | 4.4 | 3.9 | 5.4 | 18.0 | 6.1 | 5.3 | 8.7 | 9.3 | 7.1 |
| Total | 52.1 | 56.8 | 44.9 | 71.4 | 94.9 | 95.5 | 68.7 | 57.9 | 92.2 | 93.3 | 93.0 |
Exports by Country
China (13K tons) was the main destination for diamond exports from Brazil, with a 78% share of total exports. Moreover, diamond exports to China exceeded the volume sent to the second major destination, the United States (1K tons), more than tenfold. Thailand (316 tons) ranked third in terms of total exports with a 1.9% share.
From 2013 to 2023, the average annual growth rate of volume to China totaled +3.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+6.7% per year) and Thailand (+25.3% per year).
In value terms, Belgium ($18M), China ($18M) and the United States ($14M) appeared to be the largest markets for diamond exported from Brazil worldwide, together accounting for 55% of total exports.
Belgium, with a CAGR of +52.1%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2023, the diamond price amounted to $5,697 per ton (FOB, Brazil), dropping by -3.9% against the previous year. Over the period under review, the export price, however, enjoyed a noticeable increase. The pace of growth appeared the most rapid in 2016 when the average export price increased by 42%. Over the period under review, the average export prices reached the peak figure at $9,540 per ton in 2018; however, from 2019 to 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was India ($38,868 per ton), while the average price for exports to China ($1,450 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the diamond market in Brazil. 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 08992100 - Precious and semi-precious stones (excluding industrial diamonds), unworked or simply sawn or roughly shaped
Country coverage:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
