World - Diamonds And Other Precious Stones (Unworked) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Jan 1, 2025

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

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Diamond market

Diamond market: download newly released info secured by an Ai-driven market research platform. Statistics include market prices, companies, exports, imports, market size, trade, production, and consumption. There is a breakdown by country, including the Middle East, Latin America, Russia, the U.K., the U.S., EU, China, and Africa. Market dynamics and forecast to 2030 are also provided in the dashboards.

Diamond - World's Largest Markets

RatingCountry
1India
2Namibia
3Russia
4Angola
5Botswana

In value terms, India led the market, alone. The second position in the ranking was occupied by Namibia. It was followed by Russia.

In India, the diamond market plunged by an average annual rate of -23.7% over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: Namibia (+17.9% per year) and Russia (+33.8% per year).

Diamond Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Brazil955961835225-26.1%
Botswana882786977165728-13.7%
United Kingdom8859967476940183.0%
Switzerland8859967476940183.0%
Belgium8859967476940183.0%
United Arab Emirates8859967476940183.0%
Israel8859967476942183.1%
Russia1076531059051096510.9%
Singapore116400127457112808-1.6%
Namibia9884415501313970918.9%
South Africa1979922187812108283.2%
Average11366890662105865-3.5%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was South Africa ($210,828 per ton), while Brazil ($5,225 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Namibia, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
India822537879377246-3.1%
Botswana813917687770026-7.2%
United Arab Emirates813078005060952-13.4%
Belgium813078005060952-13.4%
United Kingdom813078005060952-13.4%
Israel813398011460795-13.5%
China13405104596822-28.7%
Average769007345962366-9.9%

Prices varied noticeably by the country of destination; the country with the highest price was India ($77,246 per ton), while China ($6,822 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by India, while the other global leaders experienced a decline in the import price figures.

Diamond - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
India17149.7-24.3%
Belgium9.96.95.5-25.9%
United Arab Emirates5.33.93.8-15.3%
Botswana1.41.41.814.3%
Israel2.61.71-36.3%

In value terms, the largest diamond importing markets worldwide were India ($9.7B), Belgium ($5.5B) and the United Arab Emirates ($3.8B), with a combined 74% share of global imports. These countries were followed by Botswana, Israel, the UK and China, which together accounted for a further 15%.

Botswana recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced a decline in the imports figures.

Diamond - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Belgium117.85.6-28.1%
United Arab Emirates7.46.35.3-15.2%
Botswana4.73.93.2-17.4%
Russia4.43.32.9-19.2%
South Africa1.421.1-13.0%

In value terms, the largest diamond supplying countries worldwide were Belgium ($5.6B), the United Arab Emirates ($5.3B) and Botswana ($3.2B), together accounting for 51% of global exports. Russia, South Africa, Israel, Namibia, Singapore, the UK, Switzerland and Brazil lagged somewhat behind, together comprising a further 26%.

Among the main exporting countries, South Africa recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced a decline in the exports figures.

Diamond - Market Forecast

Driven by increasing demand for diamond worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Diamond - Top Companies

RAJESH EXPORTS LIMITED, Lao Feng Xiang Co., Ltd., D. Swarovski KG, Shandong Zhaojin Gold-Silver Refining Co.,Ltd., GITANJALI GEMS LIMITED, Beijing Kingee Culture Development Co., Ltd., DIAMOND INDIA LIMITED, Outokumpu Nirosta GmbH, PC JEWELLER LIMITED, Jostens, Inc., Kalyan Jewellers India Limited, KIRAN GEMS PRIVATE LIMITED, SHREE RAMKRISHNA EXPORTS PRIVATE LIMITED, MOHANLAL JEWELLERS PRIVATE LIMITED, TON YI INDUSTRIAL CORP., HARI KRISHNA EXPORTS PRIVATE LIMITED, DHARMANANDAN DIAMONDS PRIVATE LIMITED, PANDORA PRODUCTION COMPANY LIMITED, Visant Corporation, Shenzhen Eastern Gold Jade Jewelry Industry Co., Ltd.

Diamond - Product Coverage

  • HS 710210 - Diamonds; whether or not worked, but not mounted or set, unsorted
  • HS 710231 - Diamonds; non-industrial, unworked or simply sawn, cleaved or bruted, but not mounted or set
  • HS 710310 - Stones; precious (other than diamonds) and semi-precious stones, unworked or simply sawn or roughly shaped, not strung, mounted or set

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 2012–2024
    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 2012–2024
    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 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    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, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024
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The Top Import Markets for Diamonds Worldwide
Oct 7, 2023
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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. This article explores the key statistics and numbers that shed light on the world's top diamond import markets. India leads as the largest importer, followed by the United Arab Emirates, Belgium, Israel, and Botswana. These countries have capitalized on their unique strengths and opportunities in the diamond trade, contributing to their economies and fostering growth and prosperity.

Which Country Imports the Most Diamonds and Other Precious Stones in the World?
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In 2016, the amount of diamond imported worldwide totaled X tons, remaining stable against the previous year level. In general, diamond imports continue to indicate a measured expansion. The pace...

Which Country Exports the Most Diamonds and Other Precious Stones in the World?
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In 2016, the amount of diamond imported worldwide totaled X tons, remaining stable against the previous year level. In general, diamond imports continue to indicate a measured expansion. The pace...

Diamond Market - Belgium is the World's Leading Exporter of Diamonds, with $14.1B (2014)
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Belgium dominates in the global trade of diamonds and other precious stones. In 2014, Belgium exported upwards of X tons of diamonds and other precious stones totaling X billion USD, X% over the previous year. Its primary trading partner was Indi

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Explore the top import markets for industrial diamonds based on import value. Discover key statistics and insights on the world's best importers of industrial diamonds.

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The U.S. moved up to the X spot in the global diamond trade. In 2014, the U.S. exported X kg of diamonds totaling X million USD, X% over the previous year. Its primary trading partner was Japan, where it supplied X% of its total diamond expor

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Which Country Imports the Most Precious and Semi-Precious Stone in the World?
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In value terms, precious and semi-precious stone imports amounted to $X in 2016. In general, precious and semi-precious stone imports continue to indicate a strong growth. Over the period under revi...

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Free Data: Diamonds And Other Precious Stones (Unworked) - World