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World - Diamonds And Other Precious Stones (Unworked) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

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

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Oct 7, 2023

The Top Import Markets for Diamonds Worldwide

Diamonds have long been regarded as a symbol of luxury and opulence, coveted by individuals and nations alike. The global diamond market is a thriving industry, driven by both consumer demand and intricate supply chains. When it comes to importing diamonds, certain countries stand out as the world's top import markets. In this article, we will explore the key statistics and numbers that shed light on these prominent importers, as sourced from the IndexBox market intelligence platform.

#1 India: A Diamond Import Powerhouse

India takes the lead as the world's largest importer of diamonds, with an estimated import value of $18.8 billion in 2022 (IndexBox data). Known for its rich history in the diamond trade, India has a well-established network of diamond traders and manufacturers. The Indian diamond industry heavily relies on imports to meet its domestic demand. The country's skilled artisans and craftsmen transform the imported rough diamonds into beautiful jewelry pieces, which are then exported to various countries around the world.

#2 United Arab Emirates: A Rising Force

The United Arab Emirates (UAE) has emerged as a significant player in the global diamond trade, ranking second among the world's top import markets. In 2022, the UAE recorded an import value of $10.6 billion. The UAE's strategic location, world-class infrastructure, and favorable business environment make it an attractive destination for diamond imports. Combined with the country's vibrant jewelry retail sector, it has become a hub for diamond trading, attracting buyers from around the globe.

#3 Belgium: The Diamond Capital of the World

Belgium has long been recognized as the diamond capital of the world. Its Antwerp diamond district is renowned for its diamond trading activities, giving the country a prominent position among the top diamond import markets. In 2022, Belgium imported diamonds valued at $8.2 billion. The country serves as a significant transit point for rough diamonds, facilitating their distribution to other major diamond centers worldwide. Furthermore, Belgium has a well-established diamond cutting and polishing industry, adding significant value to its diamond imports.

#4 Israel: A Noteworthy Importer

Israel stands out as a noteworthy importer in the global diamond market. In 2022, the country's diamond imports reached an estimated value of $2.0 billion. Despite its small size, Israel has a vibrant diamond industry, with expertise in diamond cutting, polishing, and trading. The country's diamond sector plays a crucial role in its economy, contributing significantly to its exports as well.

#5 Botswana: Africa's Diamond Import Leader

Among African nations, Botswana takes the lead in diamond imports. In 2022, the country imported diamonds worth $1.7 billion. Botswana's diamond industry has thrived due to its vast diamond reserves and a partnership with global diamond mining companies. The country has invested in diamond sorting, valuation, and trading facilities, solidifying its position as one of the world's leading diamond importers.

As the above statistics demonstrate, these countries have embraced the import of diamonds, capitalizing on their unique strengths and opportunities. The diamond trade has significantly contributed to their economies, fostering growth and prosperity. For in-depth insights and comprehensive data on the global diamond market, the IndexBox market intelligence platform provides a valuable resource for businesses and stakeholders seeking to navigate this dynamic industry.

Source: IndexBox Market Intelligence Platform

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.

Product coverage:

  • Prodcom 08992100 - Precious and semi-precious stones (excluding industrial diamonds), unworked or simply sawn or roughly shaped

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

Company coverage:

De Beers, ALROSA, Rio- Tinto Diamonds, Debswana Diamond Company, Ltd., Dominion Diamond Corporation, Lucara, Petra Diamonds, Gem Diamonds, Anglo American plc, Rockwell Diamonds

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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