Poland: Non-Industrial Diamond Market 2022

Non-Industrial Diamond Exports

Exports from Poland

In 2020, shipments abroad of non-industrial diamonds decreased by -X% to X tons for the first time since 2017, thus ending a two-year rising trend. Over the period under review, exports, however, posted measured growth. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2020, the exports stood at a somewhat lower figure.

In value terms, non-industrial diamond exports fell dramatically to $X in 2020. Overall, exports, however, continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. As a result, the exports attained the peak of $X. From 2016 to 2020, the growth of the exports remained at a lower figure.

Exports by Country

Belgium (X tons) was the main destination for non-industrial diamond exports from Poland, with a X% share of total exports. Moreover, non-industrial diamond exports to Belgium exceeded the volume sent to the second major destination, Hong Kong SAR (X kg), twofold.

From 2007 to 2020, the average annual rate of growth in terms of volume to Belgium stood at +X%.

In value terms, the largest markets for non-industrial diamond exported from Poland were Belgium ($X) and Hong Kong SAR ($X the main countries of destination, Hong Kong SAR, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2020, the average non-industrial diamond export price amounted to $X per ton, increasing by X% against the previous year. Overall, the export price saw a notable increase. The pace of growth was the most pronounced in 2018 when the average export price increased by X% y-o-y. Over the period under review, the average export prices hit record highs in 2020 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Belgium amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+X%).

Non-Industrial Diamond Imports

Imports into Poland

In 2020, approx. X tons of non-industrial diamonds were imported into Poland; with a decrease of -X% on the previous year's figure. Over the period under review, imports, however, recorded perceptible growth. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

In value terms, non-industrial diamond imports reduced markedly to $X in 2020. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when imports increased by X% year-to-year. Imports peaked at $X in 2018; however, from 2019 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Belgium (X tons) constituted the largest non-industrial diamond supplier to Poland, with a X% share of total imports. Moreover, non-industrial diamond imports from Belgium exceeded the figures recorded by the second-largest supplier, India (X tons), ninefold. Israel (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Belgium amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-X% per year) and Israel (+X% per year).

In value terms, Belgium ($X) constituted the largest supplier of non-industrial diamond to Poland, comprising X% of total imports. The second position in the ranking was occupied by India ($X), with a X% share of total imports. It was followed by Israel, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Belgium amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-X% per year) and Israel (-X% per year).

Import Prices by Country

The average non-industrial diamond import price stood at $X per ton in 2020, which is down by -X% against the previous year. Over the period under review, the import price continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% year-to-year. The import price peaked at $X per ton in 2007; however, from 2008 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was India ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the United States (-X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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