Malta: Diamond Market 2020

Diamond Market Size in Malta

The revenue of the diamond market in Malta amounted to $X in 2018, reducing 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, diamond consumption continues to indicate an abrupt descent. The pace of growth appeared the most rapid in 2013 when the market value increased by X% y-o-y. Over the period under review, the diamond market attained its maximum level at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Diamond Exports

Exports from Malta

In 2018, the diamond exports from Malta totaled X kg, lowering by -X% against the previous year. Overall, diamond exports continue to indicate a dramatic contraction. The pace of growth was the most pronounced in 2018 when exports decreased by -X% against the previous year. Over the period under review, diamond exports attained their maximum at X kg in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, diamond exports totaled $X in 2018. Over the period under review, diamond exports continue to indicate an extraordinary increase. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, diamond exports attained their maximum in 2018 and are likely to continue its growth in the immediate term.

Exports by Country

Brazil (X tons), Uruguay (X tons), China, Hong Kong SAR (X tons), Madagascar (X tons) and South Africa (X tons) represented roughly X% of total exports of diamonds and other precious stones (unworked) in 2018. Mozambique (X tons) ranks next in terms of the total exports with a X% share, followed by Myanmar (X%). The following exporters - Mexico (X tons), India (X tons) and Singapore (X tons) - together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India, while the other leaders experienced more modest paces of growth.

In value terms, China, Hong Kong SAR ($X), India ($X) and South Africa ($X) appeared to be the countries with the highest levels of exports in 2018, together accounting for X% of total exports. These countries were followed by Singapore, Myanmar, Brazil, Mozambique, Madagascar, Uruguay, Mexico and Malta, which together accounted for a further X experienced the highest rates of growth with regard to exports, in terms of the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the diamond export price in Malta amounted to $X per ton, picking up by X% against the previous year. In general, the diamond export price continues to indicate skyrocketing growth. The pace of growth was the most pronounced in 2008 an increase of X% y-o-y. Malta export price peaked in 2018 and is expected to retain its growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was India ($X per ton), while Uruguay ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Myanmar, while the other leaders experienced mixed trends in the export price figures.

Diamond Imports

Imports into Malta

Diamond imports into Malta stood at X kg in 2018, falling by -X% against the previous year. In general, diamond imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Over the period under review, diamond imports reached their maximum at X tons in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, diamond imports amounted to $X in 2018. Overall, diamond imports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. In that year, diamond imports attained their peak of $X. From 2014 to 2018, the growth of diamond imports remained at a lower figure.

Imports by Country

China dominates diamond imports structure, amounting to X tons, which was approx. X% of total imports in 2018. China, Hong Kong SAR (X tons) occupied the second position in the ranking, followed by India (X tons). All these countries together held near X% share of total imports. The U.S. (X tons), Brazil (X tons), Thailand (X tons) and South Africa (X tons) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to diamond imports into China stood at -X%. At the same time, India (+X%), Brazil (+X%) and South Africa (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. By contrast, the U.S. (-X%), Thailand (-X%) and China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of India and Brazil increased by +X% and +X% percentage points, while China, Hong Kong SAR (-X p.p.) and China (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported diamonds and other precious stones (unworked) into Malta, comprising X% of global imports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of global imports. It was followed by China, with a X% share.

From 2007 to 2018, the average annual growth rate of value in India amounted to +X%. In the other countries, the average annual rates were as follows: China, Hong Kong SAR (+X% per year) and China (-X% per year).

Import Prices by Country

The diamond import price in Malta stood at $X per ton in 2018, surging by X% against the previous year. Over the period under review, the diamond import price continues to indicate an extraordinary expansion. The most prominent rate of growth was recorded in 2012 an increase of X% y-o-y. In that year, the import prices for diamonds and other precious stones (unworked) attained their peak level of $X per ton. From 2013 to 2018, the growth in terms of the import prices for diamonds and other precious stones (unworked) remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was India ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform