EU: Industrial Diamonds Market 2022

Industrial Diamonds Market Size in the EU

The EU industrial diamonds market skyrocketed to $X in 2021, growing by X% against the previous year. The market value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The level of consumption peaked at $X in 2014; afterwards, it flattened through to 2021.

Industrial Diamonds Production in the EU

In value terms, industrial diamonds production rose notably to $X in 2021 estimated in export price. In general, production posted a pronounced increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. The level of production peaked at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Industrial Diamonds Exports

Exports in the EU

In 2021, overseas shipments of industrial diamonds, dust and powder of precious or semi-precious stones were finally on the rise to reach X tons after three years of decline. Over the period under review, exports saw a strong expansion. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, industrial diamonds exports skyrocketed to $X in 2021. In general, exports enjoyed a resilient increase. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Ireland was the main exporting country with an export of around X tons, which resulted at X% of total exports. Belgium (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Italy (X%). Romania (X tons) and Germany (X tons) held a little share of total exports.

Ireland was also the fastest-growing in terms of the industrial diamonds, dust and powder of precious or semi-precious stones exports, with a CAGR of +X% from 2012 to 2021. At the same time, Italy (+X%), Romania (+X%) and Belgium (+X%) displayed positive paces of growth. By contrast, Germany (-X%) illustrated a downward trend over the same period. Ireland (+X p.p.) and Italy (+X p.p.) significantly strengthened its position in terms of the total exports, while Romania, Germany and Belgium saw its share reduced by -X%, -X% and -X% from 2012 to 2021, respectively.

In value terms, Ireland ($X) emerged as the largest industrial diamonds supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by Belgium ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Ireland amounted to +X%. In the other countries, the average annual rates were as follows: Belgium (-X% per year) and Italy (+X% per year).

Export Prices by Country

The export price in the European Union stood at $X per kg in 2021, which is down by -X% against the previous year. In general, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, the export prices hit record highs at $X per kg in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($X per kg), while Romania ($X per kg) was amongst the lowest.

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

Industrial Diamonds Imports

Imports in the EU

In 2021, the amount of industrial diamonds, dust and powder of precious or semi-precious stones imported in the European Union skyrocketed to X tons, surging by X% compared with 2020 figures. Overall, imports, however, continue to indicate a pronounced downturn. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, industrial diamonds imports surged to $X in 2021. The total import value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Italy (X tons) and Ireland (X tons) were the key importers of industrial diamonds, dust and powder of precious or semi-precious stones in 2021, amounting to near X% and X% of total imports, respectively. Spain (X tons) ranks next in terms of the total imports with a X% share, followed by Belgium (X%) and Germany (X%). Sweden (X tons) and France (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Ireland (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Ireland ($X) and Italy ($X) constituted the countries with the highest levels of imports in 2021, together accounting for X% of total imports.

In terms of the main importing countries, France, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per kg, growing by X% against the previous year. Import price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, industrial diamonds import price increased by +X% against 2017 indices. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was France ($X per kg), while Spain ($X per kg) was amongst the lowest.

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

Source: IndexBox Platform

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