Key Market Indicators
Brazil's diamond exports are predicted to grow by an average of 3.8% year-on-year, reaching an estimated $78.5 million by 2026. Since 1994, the country's supply has grown by 10.1% each year. In 2021, Brazilian diamond exports ranked 25th, with Zimbabwe coming ahead at $62.7 million. The United States, Belgium and Israel ranked second, third and fourth respectively. Meanwhile, Brazilian diamond imports are expected to rise to $18.8 million by 2026, increasing by a CAGR of 2.3% year-on-year from $16.5 million in 2021. Since 1994, the country's demand has grown by 16.8% annually. In 2021, it ranked 33rd, with Ireland overtaking at $16.5 million. The United States, Belgium and the United Arab Emirates ranked second, third and fourth respectively.