Report Update Nov 1, 2024

Spain - Diamonds (Industrial) - Market Analysis, Forecast, Size, Trends and Insights

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Spain: Industrial Diamond Market 2024

Industrial Diamond Market Size in Spain

In 2021, the Spanish industrial diamond market decreased by -24.7% to $X for the first time since 2017, thus ending a three-year rising trend. Over the period under review, the total consumption indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2020, and then declined dramatically in the following year.

Industrial Diamond Production in Spain

In value terms, industrial diamond production stood at $X in 2021 estimated in export price. Overall, the total production indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -1.2% against 2018 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by 65% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Industrial Diamond Exports

Exports from Spain

Industrial diamond exports from Spain amounted to X kg in 2021, stabilizing at the year before. In general, exports saw a dramatic decline. The most prominent rate of growth was recorded in 2015 when exports increased by 667%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, industrial diamond exports amounted to $X in 2021. Over the period under review, exports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2015 when exports increased by 779% against the previous year. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

France (X kg) was the main destination for industrial diamond exports from Spain, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to France stood at +55.1%.

From 2012 to 2021, the average annual rate of growth in terms of value to France amounted to +98.0%.

Export Prices by Country

The average industrial diamond export price stood at $X per kg in 2021, therefore, remained relatively stable against the previous year. Over the period under review, the export price continues to indicate a buoyant increase. The growth pace was the most rapid in 2017 an increase of 64% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the rate of growth in terms of prices for France amounted to +27.6% per year.

Industrial Diamond Imports

Imports into Spain

In 2021, supplies from abroad of diamonds (industrial) decreased by -93.2% to X kg, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a sharp decrease. The pace of growth appeared the most rapid in 2013 with an increase of 165%. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, industrial diamond imports fell rapidly to $X in 2021. Overall, imports showed a dramatic slump. The growth pace was the most rapid in 2015 with an increase of 345%. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Belgium (X kg) was the main industrial diamond supplier to Spain, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Belgium amounted to -31.9%.

In value terms, Belgium ($X) constituted the largest supplier of industrial diamond to Spain.

From 2012 to 2021, the average annual rate of growth in terms of value from Belgium stood at -28.4%.

Import Prices by Country

The average industrial diamond import price stood at $X per kg in 2021, jumping by 346% against the previous year. Over the period under review, the import price showed resilient growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the rate of growth in terms of prices for France amounted to +37.6% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for diamonds (industrial) in the world?

The country with the largest volume of industrial diamond consumption was the United Arab Emirates, accounting for 59% of total volume. Moreover, industrial diamond consumption in the United Arab Emirates exceeded the figures recorded by the second-largest consumer, Ireland, threefold. China ranked third in terms of total consumption with a 3.4% share.

What are the largest producers of diamonds (industrial) in the world?

Angola remains the largest industrial diamond producing country worldwide, accounting for 25% of total volume. Moreover, industrial diamond production in Angola exceeded the figures recorded by the second-largest producer, China, threefold. Canada ranked third in terms of total production with an 8.1% share.

What are the leading suppliers of diamonds (industrial) to Spain?

In value terms, Belgium constituted the largest supplier of industrial diamond to Spain.

What is the average export price for diamonds (industrial) in Spain?

In 2021, the average industrial diamond export price amounted to $61 per kg, flattening at the previous year.

What is the average import price for diamonds (industrial) in Spain?

In 2021, the average industrial diamond import price amounted to $6.2 per kg, reducing by -77% against the previous year.

This report provides an in-depth analysis of the industrial diamond market in Spain. 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:

Spain

Data coverage:

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