Key Market Indicators
In 2021, it ranked number 57, compared to the number 82 in 2016. Thailand, Albania and Nicaragua respectively were numbers 2, 3 and 4 in this ranking. Dominican demand for diamonds is expected to decline by 2.3% year-on-year over the next five years, from $11,872,000 in 2021 to $10.4 million in 2026. The country was ranked 36th in 2021, with Denmark ahead at $11,872,000. The United States, Belgium and the United Arab Emirates followed, taking the 2nd, 3rd and 4th spots respectively. Meanwhile, Dominican diamond exports rose 203.6% in 2017 to nearly $299,000, up from $98,470 in 2016. Since 2002, Dominican supply has grown 6% year-on-year. In 2021, the country ranked 57th, compared to 82nd in 2016. Thailand, Albania and Nicaragua took the 2nd, 3rd and 4th spots respectively.
