Report Update Nov 1, 2024

South Africa - Non-Industrial Diamonds - Market Analysis, Forecast, Size, Trends and Insights

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South Africa: Non-Industrial Diamond Market 2022

Non-Industrial Diamond Exports

Exports from South Africa

In 2020, exports of non-industrial diamonds from South Africa contracted notably to X tons, waning by -X% on the previous year. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2020, the exports failed to regain momentum.

In value terms, non-industrial diamond exports contracted significantly to $X in 2020. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, the exports hit record highs at $X in 2019, and then reduced dramatically in the following year.

Exports by Country

The United Arab Emirates (X tons) was the main destination for non-industrial diamond exports from South Africa, with a X% share of total exports. Moreover, non-industrial diamond exports to the United Arab Emirates exceeded the volume sent to the second major destination, Belgium (X tons), more than tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume to the United Arab Emirates totaled +X%.

In value terms, the United Arab Emirates ($X) and Belgium ($X) appeared to be the largest markets for non-industrial diamond exported from South Africa worldwide.

The United Arab Emirates, with a CAGR of +X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2020, the average non-industrial diamond export price amounted to $X per ton, falling by -X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of X% y-o-y. The export price peaked at $X per ton in 2019, and then dropped notably in the following year.

Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($X per ton), while the average price for exports to the United Arab Emirates amounted to $X per ton.

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

Non-Industrial Diamond Imports

Imports into South Africa

For the fourth consecutive year, South Africa recorded decline in overseas purchases of non-industrial diamonds, which decreased by -X% to X tons in 2020. Over the period under review, imports faced a abrupt contraction. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Imports peaked at X tons in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, non-industrial diamond imports contracted notably to $X in 2020. In general, imports showed a deep downturn. The growth pace was the most rapid in 2011 when imports increased by X% against the previous year. Imports peaked at $X in 2007; however, from 2008 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, the United Arab Emirates (X tons) constituted the largest supplier of non-industrial diamond to South Africa, accounting for a X% share of total imports. Moreover, non-industrial diamond imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. Namibia (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 the United Arab Emirates amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-X% per year) and Namibia (+X% per year).

In value terms, Botswana ($X) constituted the largest supplier of non-industrial diamond to South Africa, comprising X% of total imports. The second position in the ranking was occupied by Namibia ($X), with a X% share of total imports. It was followed by Canada, with an X% share.

From 2007 to 2020, the average annual growth rate of value from Botswana stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Namibia (-X% per year) and Canada (+X% per year).

Import Prices by Country

The average non-industrial diamond import price stood at $X per ton in 2020, growing by X% against the previous year. Overall, the import price posted a strong increase. The growth pace was the most rapid in 2019 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum in 2020 and is expected to retain growth in years to come.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Canada (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for non-industrial diamonds in the world?

The countries with the highest volumes of non-industrial diamond consumption in 2020 were Russia, Canada and Botswana, together accounting for 60% of global consumption.

What are the largest producers of non-industrial diamonds in the world?

The countries with the highest volumes of non-industrial diamond production in 2020 were Russia, Canada and Botswana, with a combined 73% share of global production.

What are the leading suppliers of non-industrial diamonds to South Africa?

In value terms, Botswana constituted the largest supplier of non-industrial diamond to South Africa, comprising 46% of total imports. The second position in the ranking was occupied by Namibia, with a 15% share of total imports. It was followed by Canada, with an 8.9% share.

What are the leading importers of non-industrial diamonds from South Africa?

In value terms, the largest markets for non-industrial diamond exported from South Africa were the United Arab Emirates and Belgium.

What is the average export price for non-industrial diamonds in South Africa?

The average non-industrial diamond export price stood at $872,271 per ton in 2020, shrinking by -19.3% against the previous year.

What is the average import price for non-industrial diamonds in South Africa?

In 2020, the average non-industrial diamond import price amounted to $692,156 per ton, rising by 51% against the previous year.

This report provides an in-depth analysis of the non-industrial diamond market in South Africa. 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 2025.

Product coverage:

Country coverage:

South Africa

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in South Africa
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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 In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023