Key Market Indicators
The American diamond industry is projected to grow steadily over the next five years. According to a recent report, imports of diamonds into the United States are projected to grow to $28 billion by 2026, an increase of 1.4% year-on-year from 2021. American demand for diamond imports has been growing steadily since 1996, at an average rate of 1.1% per year. In addition, exports of diamonds from the US are forecast to reach $24 billion in 2026, a 1.9% year-on-year increase from 2021. US diamond supply has been rising since 1996, at an average rate of 2% annually. These figures suggest that the American diamond industry is likely to remain stable in the coming years.