Report Update Nov 1, 2024

Turkey - Industrial Diamonds, Dust and Powder of Precious or Semi-Precious Stones - Market Analysis, Forecast, Size, Trends and Insights

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Turkey: Industrial Diamonds Market 2022

Industrial Diamonds Market Size in Turkey

After three years of decline, the Turkish industrial diamonds market increased by X% to $X in 2021. In general, consumption enjoyed a buoyant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Industrial Diamonds Exports

Exports from Turkey

For the sixth consecutive year, Turkey recorded growth in shipments abroad of industrial diamonds, dust and powder of precious or semi-precious stones, which increased by X% to X tons in 2021. In general, exports, however, continue to indicate a noticeable reduction. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, industrial diamonds exports skyrocketed to $X in 2021. Over the period under review, exports, however, continue to indicate a slight decline. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Qatar (X tons) was the main destination for industrial diamonds exports from Turkey, accounting for a X% share of total exports. Moreover, industrial diamonds exports to Qatar exceeded the volume sent to the second major destination, Kazakhstan (X tons), fourfold. The third position in this ranking was taken by Indonesia (X tons), with an X% share.

From 2012 to 2021, the average annual growth rate of volume to Qatar totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+X% per year) and Indonesia (X% per year).

In value terms, the largest markets for industrial diamonds exported from Turkey were Iraq ($X), Kazakhstan ($X) and Cyprus ($X), with a combined X% share of total exports.

Kazakhstan, 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, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average industrial diamonds export price stood at $X per kg in 2021, declining by -X% against the previous year. Overall, the export price, however, recorded a noticeable expansion. The growth pace was the most rapid in 2020 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per kg in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Iraq ($X per kg), while the average price for exports to Qatar (less than $X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Industrial Diamonds Imports

Imports into Turkey

Industrial diamonds imports into Turkey surged to X tons in 2021, growing by X% compared with the previous year's figure. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, industrial diamonds imports surged to $X in 2021. Over the period under review, imports enjoyed a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of industrial diamonds to Turkey, accounting for a X% share of total imports. Moreover, industrial diamonds imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), more than tenfold. Ireland (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-X% per year) and Ireland (+X% per year).

In value terms, China ($X) constituted the largest supplier of industrial diamonds to Turkey, comprising X% of total imports. The second position in the ranking was taken by Ireland ($X), with an X% share of total imports. It was followed by Australia, with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ireland (+X% per year) and Australia (X% per year).

Import Prices by Country

The average industrial diamonds import price stood at $X per kg in 2021, falling by -X% against the previous year. Over the period under review, the import price showed a abrupt downturn. The most prominent rate of growth was recorded in 2014 when the average import price increased by X%. The import price peaked at $X per kg in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Ireland ($X per kg), while the price for South Korea ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for industrial diamonds, dust and powder of precious or semi-precious stones in the world?

Thailand constituted the country with the largest volume of industrial diamonds consumption, comprising approx. 81% of total volume. Moreover, industrial diamonds consumption in Thailand exceeded the figures recorded by the second-largest consumer, Spain, more than tenfold. China ranked third in terms of total consumption with a 4.8% share.

What are the largest producers of industrial diamonds, dust and powder of precious or semi-precious stones in the world?

China remains the largest industrial diamonds producing country worldwide, comprising approx. 78% of total volume. Moreover, industrial diamonds production in China exceeded the figures recorded by the second-largest producer, Namibia, eightfold. Central African Republic ranked third in terms of total production with a 2.7% share.

What are the leading suppliers of industrial diamonds, dust and powder of precious or semi-precious stones to Turkey?

In value terms, Belgium constituted the largest supplier of industrial diamonds to Turkey, comprising 65% of total imports. The second position in the ranking was occupied by the United States, with a 19% share of total imports. It was followed by Germany, with a 5.5% share.

What are the leading importers of industrial diamonds, dust and powder of precious or semi-precious stones from Turkey?

In value terms, Iraq, Kazakhstan and Cyprus constituted the largest markets for industrial diamonds exported from Turkey worldwide, together comprising 57% of total exports.

What is the average export price for industrial diamonds, dust and powder of precious or semi-precious stones in Turkey?

The average industrial diamonds export price stood at $1 per kg in 2021, declining by -37.5% against the previous year.

What is the average import price for industrial diamonds, dust and powder of precious or semi-precious stones in Turkey?

The average industrial diamonds import price stood at $0.4 per kg in 2021, growing by 198% against the previous year.

This report provides an in-depth analysis of the industrial diamonds market in Turkey. 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 32121200 - Industrial diamonds, worked, dust and powder of natural or synthetic precious or semi-precious stones

Country coverage:

Turkey

Data coverage:

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