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Panama Diamond Industry Outlook 2022 - 2026

See how Panama Diamond performed compared to key markets such as India, the United States and Belgium.

Key Market Indicators

Panama is expected to see a steady increase in diamond imports and exports over the next five years. Imports are anticipated to rise from $2.1 million in 2021 to $2.4 million by 2026, a growth rate of 2.8% per year. Since 2000, demand for diamonds has grown 1.3% annually. In 2021, Panama was the 53rd largest importer in the world, behind Bahrain, which imported $2.1 million worth of diamonds. The US, Belgium and the United Arab Emirates were the second, third and fourth largest importers respectively. Exports of diamonds from Panama are projected to increase from $2.1 million in 2021 to $2.6 million by 2026, with an average yearly growth rate of 3.3%. Since 2011, the country's diamond supply has increased by 1.9% annually. In 2021, it was the 38th largest exporter in the world, behind Ivory Coast, which exported $2.1 million worth of diamonds. The US, Belgium and Israel were the second, third and fourth largest exporters respectively.

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Panama Diamond Market Data and Forecasts

How much will Panama Diamond Market grow to 2026?

Forecast: Import of Worked Industrial Diamonds to Panama
Forecast: Import of Worked Industrial Diamonds to Panama
Forecast: Import of Diamonds to Panama
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