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Spain Diamond Industry Outlook 2022 - 2026

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

Key Market Indicators

Exports of Spanish diamonds are expected to reach $26 million by 2026, up from $23 million in 2021. This is an average annual growth rate of 2.3%. Since 1994, Spanish diamond exports have grown 8.4% year-on-year. In 2021, Spain was ranked 28th, with Sri Lanka overtaking at $23 million. The United States, Belgium, and Israel ranked second, third, and fourth respectively in this ranking. Imports of Spanish diamonds are predicted to hit $41 million by 2026, down from $45 million in 2021. This is an average annual decrease of 1.3%. Since 1994, Spanish diamond imports have decreased by 7.3% a year. In 2021, Spain took 25th place, with South Korea coming in at $45 million. The United States, Belgium and the United Arab Emirates were second, third and fourth respectively.

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Spain Diamond Market Data and Forecasts