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Report South-Eastern Asia - Diamonds (Industrial) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

South-Eastern Asia - Diamonds (Industrial) - Market Analysis, Forecast, Size, Trends and Insights

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South-Eastern Asia: Industrial Diamond Market 2024

Industrial Diamond Market Size in South-Eastern Asia

The Southeast Asian industrial diamond market was finally on the rise to reach $X in 2021, after four years of decline. Overall, consumption enjoyed a strong expansion. The level of consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Industrial Diamond Production in South-Eastern Asia

In value terms, industrial diamond production expanded remarkably to $X in 2021 estimated in export price. Overall, production enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of 367%. The level of production peaked at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Industrial Diamond Exports

Exports in South-Eastern Asia

In 2021, exports of diamonds (industrial) in South-Eastern Asia rose rapidly to X tons, growing by 7.6% against the previous year. Overall, exports posted a resilient expansion. The pace of growth was the most pronounced in 2013 with an increase of 349%. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, industrial diamond exports soared to $X in 2021. In general, exports showed strong growth. The growth pace was the most rapid in 2013 when exports increased by 696% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Singapore (X tons) represented roughly 99% of total exports in 2021.

Singapore was also the fastest-growing in terms of the diamonds (industrial) exports, with a CAGR of +51.6% from 2012 to 2021. From 2012 to 2021, the share of Singapore increased by +93 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) also remains the largest industrial diamond supplier in South-Eastern Asia.

From 2012 to 2021, the average annual growth rate of value in Singapore amounted to +40.9%.

Export Prices by Country

In 2021, the export price in South-Eastern Asia amounted to $X per kg, surging by 41% against the previous year. In general, the export price continues to indicate temperate growth. The pace of growth appeared the most rapid in 2013 when the export price increased by 77%. Over the period under review, the export prices attained the peak figure at $X per kg in 2016; however, from 2017 to 2021, 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 Singapore.

From 2012 to 2021, the rate of growth in terms of prices for Singapore amounted to -7.0% per year.

Industrial Diamond Imports

Imports in South-Eastern Asia

In 2021, overseas purchases of diamonds (industrial) decreased by -63.7% to X tons, falling for the third consecutive year after two years of growth. Overall, imports continue to indicate a sharp curtailment. The growth pace was the most rapid in 2014 with an increase of 92% against the previous year. 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 declined markedly to $X in 2021. Over the period under review, imports faced a drastic downturn. The pace of growth appeared the most rapid in 2018 when imports increased by 37%. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

The countries with the highest levels of industrial diamond imports in 2021 were Malaysia (X tons), Indonesia (X tons) and Thailand (X tons), together accounting for 67% of total import. Lao People's Democratic Republic (X tons) held the next position in the ranking, followed by Vietnam (X tons), Singapore (X tons) and the Philippines (X tons). All these countries together took near 33% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the Philippines (with a CAGR of +98.4%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Malaysia ($X), Thailand ($X) and the Philippines ($X) were the countries with the highest levels of imports in 2021, with a combined 67% share of total imports.

The Philippines, with a CAGR of +82.0%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per kg in 2021, picking up by 127% against the previous year. In general, the import price showed buoyant growth. The pace of growth appeared the most rapid in 2016 when the import price increased by 240%. The level of import peaked in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was the Philippines ($X per kg), while Vietnam ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+15.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Indonesia constituted the country with the largest volume of industrial diamond consumption, accounting for 62% of total volume. Moreover, industrial diamond consumption in Indonesia exceeded the figures recorded by the second-largest consumer, Thailand, threefold. The third position in this ranking was occupied by Malaysia, with a 14% share.
The country with the largest volume of industrial diamond production was Indonesia, comprising approx. 61% of total volume. Moreover, industrial diamond production in Indonesia exceeded the figures recorded by the second-largest producer, Thailand, threefold. The third position in this ranking was occupied by Malaysia, with a 15% share.
In value terms, Singapore remains the largest industrial diamond supplier in South-Eastern Asia, comprising 80% of total exports. The second position in the ranking was occupied by Malaysia, with a 20% share of total exports.
In value terms, Indonesia constitutes the largest market for imported diamonds industrial) in South-Eastern Asia, comprising 51% of total imports. The second position in the ranking was occupied by Vietnam, with a 15% share of total imports. It was followed by Thailand, with a 7.5% share.
The export price in South-Eastern Asia stood at $8.6 per kg in 2021, growing by 29% against the previous year.
In 2021, the import price in South-Eastern Asia amounted to $1.7 per kg, waning by -29.1% against the previous year.

This report provides an in-depth analysis of the industrial diamond market in South-Eastern Asia. 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 South-Eastern Asia, split by region and country
  • Trade (exports and imports) in South-Eastern Asia
  • 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
    • Brunei Darussalam
    • Cambodia
    • Indonesia
    • Malaysia
    • Myanmar
    • Philippines
    • Singapore
    • Thailand
    • Timor-Leste
    • Vietnam
    • Lao People's Democratic Republic

  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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