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The United Kingdom Diamond Industry Outlook 2022 - 2026

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

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.

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