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Report Northern America - Diamonds and Other Precious Stones (Unworked) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Northern America - Diamonds and Other Precious Stones (Unworked) - Market Analysis, Forecast, Size, Trends and Insights

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Northern America: Diamond Market 2024

Diamond Market Size in Northern America

The North American diamond market expanded significantly to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption enjoyed a perceptible expansion. The level of consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Diamond Production in Northern America

In value terms, diamond production surged to $X.1B in 2022 estimated in export price. Overall, production continues to indicate a significant expansion. The growth pace was the most rapid in 2018 when the production volume increased by X,290%. As a result, production attained the peak level of $X.3B. From 2019 to 2022, production growth failed to regain momentum.

Diamond Exports

Exports in Northern America

In 2022, shipments abroad of diamonds and other precious stones (unworked) was finally on the rise to reach X tons for the first time since 2017, thus ending a four-year declining trend. Over the period under review, exports recorded a resilient expansion. The growth pace was the most rapid in 2016 with an increase of X%. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, diamond exports soared to $X in 2022. Overall, exports, however, continue to indicate a mild decrease. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, the United States (X tons) was the key exporter of diamonds and other precious stones (unworked) in Northern America, comprising X% of total export.

The United States was also the fastest-growing in terms of the diamonds and other precious stones (unworked) exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) also remains the largest diamond supplier in Northern America.

In the United States, diamond exports remained relatively stable over the period from 2012-2022.

Export Prices by Country

The export price in Northern America stood at $X per kg in 2022, waning by X% against the previous year. In general, the export price saw a abrupt slump. The pace of growth appeared the most rapid in 2015 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X,015 per kg in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to X% per year.

Diamond Imports

Imports in Northern America

In 2022, the amount of diamonds and other precious stones (unworked) imported in Northern America soared to X tons, growing by X% compared with the year before. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2016 when imports increased by X%. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, diamond imports fell markedly to $X in 2022. In general, imports, however, saw a noticeable slump. The pace of growth appeared the most rapid in 2016 with an increase of X%. The level of import peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United States (X tons) represented the main importer of diamonds and other precious stones (unworked) in Northern America, making up X% of total import.

The United States was also the fastest-growing in terms of the diamonds and other precious stones (unworked) imports, with a CAGR of X% from 2012 to 2022. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported diamonds and other precious stones (unworked) in Northern America.

From 2012 to 2022, the average annual growth rate of value in the United States stood at X%.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per ton, declining by X% against the previous year. In general, the import price faced a sharp slump. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, import prices attained the peak figure at $X,667 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Canada constituted the country with the largest volume of diamond consumption, comprising approx. 72% of total volume. Moreover, diamond consumption in Canada exceeded the figures recorded by the second-largest consumer, the United States, threefold.
Canada remains the largest diamond producing country in Northern America, accounting for 100% of total volume.
In value terms, Canada remains the largest diamond supplier in Northern America, comprising 87% of total exports. The second position in the ranking was occupied by the United States, with a 13% share of total exports.
In value terms, the United States constitutes the largest market for imported diamonds and other precious stones unworked) in Northern America, comprising 98% of total imports. The second position in the ranking was occupied by Canada, with a 2.2% share of total imports.
In 2021, the export price in Northern America amounted to $5,331 per kg, with an increase of 14% against the previous year.
The import price in Northern America stood at $417 per kg in 2021, reducing by -19.4% against the previous year.

This report provides an in-depth analysis of the diamond market in Northern America. 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 08992100 - Precious and semi-precious stones (excluding industrial diamonds), unworked or simply sawn or roughly shaped

Country coverage:

  • Bermuda
  • Canada
  • Greenland
  • Saint Pierre and Miquelon
  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Northern America, split by region and country
  • Trade (exports and imports) in Northern America
  • 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
    • Bermuda
    • Canada
    • Greenland
    • Saint Pierre and Miquelon
    • United States

  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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