South-Eastern Asia: Industrial Diamonds Market 2022

Industrial Diamonds Market Size in South-Eastern Asia

In 2021, the Southeast Asian industrial diamonds market was finally on the rise to reach $X after two years of decline. The market value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Industrial Diamonds Production in South-Eastern Asia

In value terms, industrial diamonds production expanded remarkably to $X in 2021 estimated in export price. In general, production recorded tangible growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Industrial Diamonds Exports

Exports in South-Eastern Asia

In 2021, overseas shipments of industrial diamonds, dust and powder of precious or semi-precious stones increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports posted resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, industrial diamonds exports surged to $X in 2021. In general, exports, however, showed a deep downturn. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Thailand (X tons) represented the largest exporter of industrial diamonds, dust and powder of precious or semi-precious stones, committing X% of total exports. It was distantly followed by Singapore (X tons), creating a X% share of total exports. Malaysia (X tons) followed a long way behind the leaders.

Thailand was also the fastest-growing in terms of the industrial diamonds, dust and powder of precious or semi-precious stones exports, with a CAGR of +X% from 2012 to 2021. At the same time, Malaysia (+X%) displayed positive paces of growth. Singapore experienced a relatively flat trend pattern. While the share of Thailand (+X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Singapore (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) remains the largest industrial diamonds supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Singapore amounted to -X%. The remaining exporting countries recorded the following average annual rates of exports growth: Malaysia (+X% per year) and Thailand (+X% per year).

Export Prices by Country

In 2021, the export price in South-Eastern Asia amounted to $X per kg, falling by -X% against the previous year. Overall, the export price saw a deep reduction. The pace of growth was the most pronounced in 2015 an increase of X%. The level of export peaked at $X per kg in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Malaysia ($X per kg), while Thailand (less than $X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+X%), while the other leaders experienced a decline in the export price figures.

Industrial Diamonds Imports

Imports in South-Eastern Asia

In 2021, approx. X tons of industrial diamonds, dust and powder of precious or semi-precious stones were imported in South-Eastern Asia; falling by -X% compared with 2020 figures. In general, imports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then dropped markedly in the following year.

In value terms, industrial diamonds imports expanded significantly to $X in 2021. Overall, imports saw a deep downturn. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Thailand (X tons) represented the main importer of industrial diamonds, dust and powder of precious or semi-precious stones in South-Eastern Asia, generating X% of total import.

Thailand was also the fastest-growing in terms of the industrial diamonds, dust and powder of precious or semi-precious stones imports, with a CAGR of +X% from 2012 to 2021. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) constitutes the largest market for imported industrial diamonds, dust and powder of precious or semi-precious stones in South-Eastern Asia.

From 2012 to 2021, the average annual rate of growth in terms of value in Thailand amounted to +X%.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2021, picking up by X% against the previous year. In general, the import price, however, continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2019 an increase of X% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :