Key Market Indicators
Demand for diamonds in Luxembourg is expected to grow by 1.9% annually over the next five years, reaching a total of $2.75 million in 2026. In 2021, Luxembourg was the 50th largest market for diamonds, just behind Honduras at $2.45 million. The US, Belgium, and the UAE were the top three countries in diamond imports. Exports of diamonds from Luxembourg are expected to increase by 4.2% annually over the next five years, reaching a total of $601,000 in 2026. In 2021, Luxembourg was the 51st largest exporter of diamonds, just behind Sweden at $468,000. The US, Belgium, and Israel were the top three countries in diamond exports.
