We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
Report Middle East - Diamonds (Industrial) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

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

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Middle East: Industrial Diamond Market 2024

Industrial Diamond Market Size in the Middle East

The Middle Eastern industrial diamond market was finally on the rise to reach $X in 2021, after four years of decline. In general, consumption, however, recorded a mild curtailment. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Industrial Diamond Production in the Middle East

In value terms, industrial diamond production declined to $X in 2021 estimated in export price. In general, production continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2013 with an increase of 288% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Industrial Diamond Exports

Exports in the Middle East

In 2021, approx. X tons of diamonds (industrial) were exported in the Middle East; growing by 74% against 2020 figures. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 334% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, industrial diamond exports surged to $X in 2021. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by 436%. Over the period under review, the exports reached the peak figure in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

The United Arab Emirates represented the largest exporting country with an export of around X tons, which amounted to 80% of total exports. It was distantly followed by Israel (X tons), generating a 19% share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the diamonds (industrial) exports, with a CAGR of +65.3% from 2012 to 2021. At the same time, Israel (+21.7%) displayed positive paces of growth. The United Arab Emirates (+60 p.p.) significantly strengthened its position in terms of the total exports, while Israel saw its share reduced by -53.7% from 2012 to 2021, respectively.

In value terms, the United Arab Emirates ($X) remains the largest industrial diamond supplier in the Middle East, comprising 93% of total exports. The second position in the ranking was held by Israel ($X), with a 4.6% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in the United Arab Emirates totaled +61.3%.

Export Prices by Country

The export price in the Middle East stood at $X per kg in 2021, falling by -8.3% against the previous year. Overall, the export price showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2016 when the export price increased by 107% against the previous year. The level of export peaked at $X per kg in 2018; however, from 2019 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 the United Arab Emirates ($X per kg), while Israel amounted to $X per kg.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-2.4%).

Industrial Diamond Imports

Imports in the Middle East

Industrial diamond imports surged to X tons in 2021, increasing by 63% compared with the previous year's figure. Over the period under review, imports, however, continue to indicate a pronounced reduction. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, industrial diamond imports surged to $X in 2021. Total imports indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +1.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +72.2% against 2015 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of industrial diamond imports in 2021 were the United Arab Emirates (X tons), together resulting at 98% of total import.

The United Arab Emirates was also the fastest-growing in terms of the diamonds (industrial) imports, with a CAGR of -4.2% from 2012 to 2021. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported diamonds (industrial) in the Middle East.

In the United Arab Emirates, industrial diamond imports expanded at an average annual rate of +1.5% over the period from 2012-2021.

Import Prices by Country

The import price in the Middle East stood at $X per kg in 2021, declining by -14.4% against the previous year. In general, the import price, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2017 an increase of 54% against the previous year. The level of import peaked at $X per kg in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to +5.9% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The United Arab Emirates remains the largest industrial diamond consuming country in the Middle East, accounting for 98% of total volume.
The countries with the highest volumes of in 2021 were Turkey, Iran and Saudi Arabia, together comprising 82% of total production. Israel, Yemen and Lebanon lagged somewhat behind, together accounting for a further 17%.
In value terms, the United Arab Emirates remains the largest industrial diamond supplier in the Middle East, comprising 94% of total exports. The second position in the ranking was occupied by Lebanon, with a 3.2% share of total exports.
In value terms, the United Arab Emirates constitutes the largest market for imported diamonds industrial) in the Middle East.
The export price in the Middle East stood at $8.1 per kg in 2021, rising by 7.3% against the previous year.
In 2021, the import price in the Middle East amounted to $1.7 per kg, declining by -85.5% against the previous year.

This report provides an in-depth analysis of the industrial diamond market in the Middle East. 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 the Middle East, split by region and country
  • Trade (exports and imports) in the Middle East
  • 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
    • Bahrain
    • Iran
    • Iraq
    • Israel
    • Jordan
    • Kuwait
    • Lebanon
    • Oman
    • Palestine
    • Qatar
    • Saudi Arabia
    • Syrian Arab Republic
    • Turkey
    • United Arab Emirates
    • Yemen

  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

Recommended reports

Asia - Diamonds (Industrial) - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 321

This report provides an in-depth analysis of the industrial diamond market in Asia.

World - Diamonds (Industrial) - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 1781

This report provides an in-depth analysis of the global industrial diamond market.

EU - Diamonds (Industrial) - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 519

This report provides an in-depth analysis of the industrial diamond market in the EU.

U.S. - Diamonds (Industrial) - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 400

This report provides an in-depth analysis of the industrial diamond market in the U.S..

China - Diamonds (Industrial) - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 354

This report provides an in-depth analysis of the industrial diamond market in China.

Free Data: Diamonds (Industrial) - Middle East
Table
Diamonds (Industrial) - Middle East - Table
Dashboard
Diamonds (Industrial) - Middle East - Dashboard
Report
Diamonds (Industrial) - Middle East - Report