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

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

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Global Industrial Diamond Market 2024

Industrial Diamond Market Size

In 2021, the global industrial diamond market was finally on the rise to reach $X for the first time since 2015, thus ending a five-year declining trend. Overall, consumption, however, showed a relatively flat trend pattern. Over the period under review, the global market attained the maximum level at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Industrial Diamond Production

In value terms, industrial diamond production expanded remarkably to $X in 2021 estimated in export price. Over the period under review, production continues to indicate mild growth. The pace of growth appeared the most rapid in 2013 with an increase of 72% against the previous year. Global production peaked at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Industrial Diamond Exports

Exports

In 2021, global industrial diamond exports surged to X tons, picking up by 72% on 2020 figures. Over the period under review, exports showed a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, industrial diamond exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +3.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The shipments of the six major exporters of diamonds (industrial), namely Angola, Belgium, Russia, the United Arab Emirates, India and Democratic Republic of the Congo, represented more than two-thirds of total export. The following exporters - Botswana (X tons) and Zimbabwe (X tons) - each reached a 5.4% share of total exports.

From 2012 to 2021, the biggest increases were in the United Arab Emirates (with a CAGR of +65.3%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, Angola ($X) remains the largest industrial diamond supplier worldwide, comprising 74% of global exports. The second position in the ranking was held by Zimbabwe ($X), with a 7.9% share of global exports. It was followed by the United Arab Emirates, with a 4.5% share.

In Angola, industrial diamond exports expanded at an average annual rate of +3.8% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Zimbabwe (+12.7% per year) and the United Arab Emirates (+61.3% per year).

Export Prices by Country

In 2021, the average industrial diamond export price amounted to $X per kg, waning by -17.2% against the previous year. Overall, the export price showed a deep slump. The pace of growth was the most pronounced in 2014 when the average export price increased by 26% against the previous year. The global export price peaked at $X per kg in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+0.5%), while the other global leaders experienced a decline in the export price figures.

Industrial Diamond Imports

Imports

In 2021, the amount of diamonds (industrial) imported worldwide soared to X tons, jumping by 66% compared with 2020. Overall, imports, however, recorded a noticeable decline. Over the period under review, global imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, industrial diamond imports skyrocketed to $X in 2021. Over the period under review, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United Arab Emirates dominates imports structure, reaching X tons, which was approx. 83% of total imports in 2021. It was distantly followed by India (X tons), comprising a 6.9% share of total imports. Belgium (X tons) took a little share of total imports.

Imports into the United Arab Emirates decreased at an average annual rate of -4.2% from 2012 to 2021. At the same time, India (+89.0%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in the world, with a CAGR of +89.0% from 2012-2021. Belgium experienced a relatively flat trend pattern. India (+6.9 p.p.) significantly strengthened its position in terms of the global imports, while the United Arab Emirates saw its share reduced by -5.6% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported diamonds (industrial) worldwide, comprising 86% of global imports. The second position in the ranking was taken by India ($X), with a 7.7% share of global imports.

From 2012 to 2021, the average annual growth rate of value in the United Arab Emirates amounted to +1.5%. The remaining importing countries recorded the following average annual rates of imports growth: India (+63.6% per year) and Belgium (-2.4% per year).

Import Prices by Country

The average industrial diamond import price stood at $X per kg in 2021, shrinking by -13.7% against the previous year. Over the period under review, the import price, however, posted pronounced growth. The most prominent rate of growth was recorded in 2017 an increase of 60%. Over the period under review, average import prices attained the peak figure at $X per kg in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2021, the country with the highest price was India ($X per kg), while Belgium ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+5.9%), while the other global 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 the United Arab Emirates, accounting for 59% of total volume. Moreover, industrial diamond consumption in the United Arab Emirates exceeded the figures recorded by the second-largest consumer, Ireland, threefold. China ranked third in terms of total consumption with a 3.4% share.
The country with the largest volume of industrial diamond production was Angola, accounting for 25% of total volume. Moreover, industrial diamond production in Angola exceeded the figures recorded by the second-largest producer, China, threefold. The third position in this ranking was occupied by Canada, with an 8.1% share.
In value terms, Angola remains the largest industrial diamond supplier worldwide, comprising 65% of global exports. The second position in the ranking was occupied by Russia, with a 5.9% share of global exports. It was followed by the United Arab Emirates, with a 5.1% share.
In value terms, the United Arab Emirates constitutes the largest market for imported diamonds industrial) worldwide, comprising 82% of global imports. The second position in the ranking was occupied by India, with a 9.8% share of global imports.
The average industrial diamond export price stood at $9.9 per kg in 2021, waning by -5.8% against the previous year.
The average industrial diamond import price stood at $1.5 per kg in 2021, which is down by -86.2% against the previous year.

This report provides an in-depth analysis of the global industrial 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 08992200 - Industrial diamonds, unworked or simply sawn, cleaved or bruted, pumice stone, emery, natural corundum, natural garnet and other natural abrasives

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

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 2012–2023
    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 2012–2023
    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
    • 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 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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