Brazil: Industrial Diamonds Market 2022

Industrial Diamonds Market Size in Brazil

The Brazilian industrial diamonds market skyrocketed to $X in 2021, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption posted a perceptible increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Industrial Diamonds Exports

Exports from Brazil

In 2021, the amount of industrial diamonds, dust and powder of precious or semi-precious stones exported from Brazil fell significantly to X tons, waning by -X% compared with the previous year. Over the period under review, exports faced a precipitous curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, industrial diamonds exports shrank sharply to $X in 2021. Overall, exports recorded a precipitous setback. The pace of growth appeared the most rapid in 2016 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2020, and then contracted notably in the following year.

Exports by Country

France (X tons) was the main destination for industrial diamonds exports from Brazil, with a X% share of total exports. Moreover, industrial diamonds exports to France exceeded the volume sent to the second major destination, China (X tons), tenfold.

From 2012 to 2021, the average annual growth rate of volume to France amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+X% per year) and the United States (-X% per year).

In value terms, China ($X), France ($X) and the United States ($X) were the largest markets for industrial diamonds exported from Brazil worldwide, together comprising X% of total exports.

Among the main countries of destination, China, with a CAGR of +X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average industrial diamonds export price stood at $X per kg in 2021, picking up by X% against the previous year. In general, the export price enjoyed significant growth. The growth pace was the most rapid in 2016 when the average export price increased by X%. The export price peaked in 2021 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was China ($X per kg), while the average price for exports to France ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Industrial Diamonds Imports

Imports into Brazil

For the fourth consecutive year, Brazil recorded growth in supplies from abroad of industrial diamonds, dust and powder of precious or semi-precious stones, which increased by X% to X tons in 2021. Over the period under review, imports enjoyed strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, industrial diamonds imports surged to $X in 2021. In general, imports, however, showed a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons), Ireland (X tons) and the United States (X tons) were the main suppliers of industrial diamonds imports to Brazil, together accounting for X% of total imports. These countries were followed by the UK and South Korea, which together accounted for a further X 2012 to 2021, the biggest increases were in the UK (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Ireland ($X) and the United States ($X) appeared to be the largest industrial diamonds suppliers to Brazil, with a combined X% share of total imports. These countries were followed by the UK and South Korea, which together accounted for a further X the main suppliers, the UK, with a CAGR of +X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average industrial diamonds import price stood at $X per kg in 2021, shrinking by -X% against the previous year. Overall, the import price saw a abrupt slump. The pace of growth appeared the most rapid in 2017 when the average import price increased by X%. The import price peaked at $X per kg in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($X per kg), while the price for China ($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 (-X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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