Key Market Indicators
Britain's diamond import and export are projected to take a big hit in the years to come. In 2021, British diamond imports are estimated to reach $1.59 billion, a 35.6% decrease compared to 2020. Over the past 23 years, imports have dropped by 6.4% annually. The UK ranked 11th in the world, behind Singapore which was estimated to reach $1.59 billion. The US, Belgium and United Arab Emirates took the second, third and fourth spot respectively. Exports in 2021 are estimated to be $933.7 million, a 10.6% decrease compared to 2020. Over the past 23 years, exports have dropped by 12.5% year-on-year. The UK ranked 16th in the world, behind Angola which was estimated to reach $933.7 million. The US, Belgium and Israel took the second, third and fourth spot respectively.
