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

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

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Eastern Asia: Industrial Diamond Market 2024

Industrial Diamond Market Size in Eastern Asia

The East Asian industrial diamond market was finally on the rise to reach $X in 2021, after five years of decline. Over the period under review, consumption enjoyed a resilient expansion. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Industrial Diamond Production in Eastern Asia

In value terms, industrial diamond production soared to $X in 2021 estimated in export price. Over the period under review, production enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2013 when the production volume increased by 257%. Over the period under review, production reached the maximum level at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Industrial Diamond Exports

Exports in Eastern Asia

In 2021, approx. X tons of diamonds (industrial) were exported in Eastern Asia; increasing by 121% compared with 2020. Overall, exports, however, faced a abrupt shrinkage. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, industrial diamond exports soared to $X in 2021. Over the period under review, exports, however, recorded a perceptible curtailment. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Hong Kong SAR dominates exports structure, resulting at X tons, which was near 92% of total exports in 2021. It was distantly followed by Japan (X tons), making up a 7.4% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to industrial diamond exports from Hong Kong SAR stood at -11.5%. At the same time, Japan (+8.1%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +8.1% from 2012-2021. While the share of Japan (+6.2 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Hong Kong SAR (-1.6 p.p.) displayed negative dynamics.

In value terms, Hong Kong SAR ($X) remains the largest industrial diamond supplier in Eastern Asia, comprising 98% of total exports. The second position in the ranking was held by Japan ($X), with a 0.8% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Hong Kong SAR stood at -2.3%.

Export Prices by Country

In 2021, the export price in Eastern Asia amounted to $X per kg, approximately equating the previous year. Overall, the export price, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2020 when the export price increased by 165%. As a result, the export price reached the peak level of $X per kg, and then dropped slightly in the following year.

Prices varied noticeably country of origin: the country with the highest price was Hong Kong SAR ($X per kg), while Japan stood at $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 Eastern Asia

In 2021, the amount of diamonds (industrial) imported in Eastern Asia surged to X tons, picking up by 42% against the previous year. Overall, imports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2014 with an increase of 66% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, industrial diamond imports skyrocketed to $X in 2021. Over the period under review, imports, however, continue to indicate a deep slump. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons) and Hong Kong SAR (X tons) dominates imports structure, together constituting 86% of total imports. It was distantly followed by South Korea (X tons), constituting a 9.3% share of total imports. Japan (X tons) held a relatively small share of total imports.

From 2012 to 2021, the biggest increases were in China (with a CAGR of +3.6%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Hong Kong SAR ($X), Japan ($X) and China ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 88% of total imports.

China, with a CAGR of +6.8%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2021, the import price in Eastern Asia amounted to $X per kg, with an increase of 14% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the import price increased by 113% against the previous year. As a result, import price attained the peak level of $X per kg. From 2016 to 2021, the import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+6.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China constituted the country with the largest volume of industrial diamond consumption, accounting for 67% of total volume. Moreover, industrial diamond consumption in China exceeded the figures recorded by the second-largest consumer, Japan, fourfold. South Korea ranked third in terms of total consumption with a 7.5% share.
China constituted the country with the largest volume of industrial diamond production, comprising approx. 66% of total volume. Moreover, industrial diamond production in China exceeded the figures recorded by the second-largest producer, Japan, threefold. The third position in this ranking was occupied by South Korea, with a 7.9% share.
In value terms, Hong Kong SAR remains the largest industrial diamond supplier in Eastern Asia, comprising 89% of total exports. The second position in the ranking was occupied by China, with a 5.1% share of total exports.
In value terms, Hong Kong SAR, Japan and China constituted the countries with the highest levels of imports in 2021, with a combined 91% share of total imports.
The export price in Eastern Asia stood at $8.6 per kg in 2021, reducing by -9.7% against the previous year.
The import price in Eastern Asia stood at $6.1 per kg in 2021, reducing by -31.3% against the previous year.

This report provides an in-depth analysis of the industrial diamond market in Eastern Asia. 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 Eastern Asia, split by region and country
  • Trade (exports and imports) in Eastern Asia
  • 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
    • China
    • Hong Kong SAR
    • Macao SAR
    • Japan
    • South Korea
    • Taiwan (Chinese)
    • Democratic People's Republic of Korea

  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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