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

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

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Asia-Pacific: Industrial Diamond Market 2024

Industrial Diamond Market Size in Asia-Pacific

The Asia-Pacific industrial diamond market was finally on the rise to reach $X in 2021, after five years of decline. Overall, consumption saw a buoyant increase. The level of consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Industrial Diamond Production in Asia-Pacific

In value terms, industrial diamond production expanded remarkably to $X in 2021 estimated in export price. Overall, production enjoyed buoyant growth. The pace of growth appeared the most rapid in 2013 when the production volume increased by 241% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Industrial Diamond Exports

Exports in Asia-Pacific

Industrial diamond exports skyrocketed to X tons in 2021, increasing by 98% against the previous year. In general, exports posted a remarkable increase. The pace of growth was the most pronounced in 2017 when exports increased by 335%. The volume of export peaked in 2021 and is likely to continue growth in the immediate term.

In value terms, industrial diamond exports skyrocketed to $X in 2021. Overall, exports posted notable growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

India prevails in exports structure, reaching X tons, which was near 91% of total exports in 2021. It was distantly followed by Hong Kong SAR (X tons), creating a 7.4% share of total exports.

India was also the fastest-growing in terms of the diamonds (industrial) exports, with a CAGR of +28.1% from 2012 to 2021. Hong Kong SAR (-11.5%) illustrated a downward trend over the same period. India (+64 p.p.) significantly strengthened its position in terms of the total exports, while Hong Kong SAR saw its share reduced by -54.5% from 2012 to 2021, respectively.

In value terms, the largest industrial diamond supplying countries in Asia-Pacific were Hong Kong SAR ($X) and India ($X).

India, with a CAGR of +28.7%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

In 2021, the export price in Asia-Pacific amounted to $X per kg, with an increase of 36% against the previous year. Overall, the export price, however, saw a abrupt decline. The level of export peaked at $X per kg in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Hong Kong SAR ($X per kg), while India totaled $X per kg.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+10.5%).

Industrial Diamond Imports

Imports in Asia-Pacific

In 2021, the amount of diamonds (industrial) imported in Asia-Pacific surged to X tons, growing by 112% compared with 2020 figures. Overall, imports posted a buoyant increase. The growth pace was the most rapid in 2013 with an increase of 114%. The volume of import peaked in 2021 and is likely to see gradual growth in years to come.

In value terms, industrial diamond imports skyrocketed to $X in 2021. Over the period under review, imports saw a strong expansion. The growth pace was the most rapid in 2013 with an increase of 206% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

India prevails in imports structure, reaching X tons, which was approx. 86% of total imports in 2021. It was distantly followed by China (X tons) and Hong Kong SAR (X tons), together committing a 10% share of total imports.

India was also the fastest-growing in terms of the diamonds (industrial) imports, with a CAGR of +89.0% from 2012 to 2021. At the same time, China (+3.6%) displayed positive paces of growth. By contrast, Hong Kong SAR (-11.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of India increased by +85 percentage points.

In value terms, India ($X) constitutes the largest market for imported diamonds (industrial) in Asia-Pacific, comprising 82% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 5.3% share of total imports.

In India, industrial diamond imports increased at an average annual rate of +63.6% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Hong Kong SAR (-11.1% per year) and China (+6.8% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per kg in 2021, surging by 7% against the previous year. Over the period under review, the import price, however, showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2015 when the import price increased by 60% against the previous year. The level of import peaked at $X per kg in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Hong Kong SAR ($X per kg), while China ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of industrial diamond consumption was China, accounting for 37% of total volume. Moreover, industrial diamond consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by Japan, with a 10% share.
The country with the largest volume of industrial diamond production was China, comprising approx. 38% of total volume. Moreover, industrial diamond production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by Japan, with an 11% share.
In value terms, India emerged as the largest industrial diamond supplier in Asia-Pacific, comprising 76% of total exports. The second position in the ranking was occupied by Hong Kong SAR, with a 19% share of total exports.
In value terms, India constitutes the largest market for imported diamonds industrial) in Asia-Pacific, comprising 84% of total imports. The second position in the ranking was occupied by Hong Kong SAR, with a 5.4% share of total imports. It was followed by China, with a 4.1% share.
In 2021, the export price in Asia-Pacific amounted to $2 per kg, increasing by 17% against the previous year.
The import price in Asia-Pacific stood at $7 per kg in 2021, reducing by -2.3% against the previous year.

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

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Asia-Pacific, split by region and country
  • Trade (exports and imports) in Asia-Pacific
  • 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. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. 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. 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
    • Afghanistan
    • Australia
    • Bangladesh
    • Bhutan
    • Brunei Darussalam
    • Cambodia
    • China
    • Hong Kong SAR
    • Macao SAR
    • Cook Islands
    • Fiji
    • French Polynesia
    • India
    • Indonesia
    • Japan
    • Kiribati
    • Malaysia
    • Maldives
    • Marshall Islands
    • Micronesia
    • Myanmar
    • Nepal
    • New Caledonia
    • New Zealand
    • Northern Mariana Islands
    • Pakistan
    • Palau
    • Papua New Guinea
    • Philippines
    • Samoa
    • Singapore
    • Solomon Islands
    • South Korea
    • Sri Lanka
    • Taiwan (Chinese)
    • Thailand
    • Timor-Leste
    • Tokelau
    • Tonga
    • Tuvalu
    • Vanuatu
    • Vietnam
    • Wallis and Futuna Islands
    • Lao People's Democratic Republic
    • American Samoa
    • Democratic People's Republic of Korea
    • Nauru
    • Niue
    • Guam

  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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