Key Market Indicators
This growth rate was the second highest globally, only behind the United Arab Emirates. Indonesia's diamond import is set to reach $44 million by 2026. This is up from $32.5 million in 2021, an average growth of 5.1% year on year. The nation has seen a staggering 252.9% rise in demand since 1994. Last year, it was the 29th biggest importer globally, with Austria coming in 28th place at $32.5 million. The United States, Belgium and the United Arab Emirates followed in second, third and fourth place respectively. In 2018, Indonesian diamond exports totalled $19 million, up 1,440% from $1.2 million in 2017. This was the second highest rate of growth worldwide, behind only the United Arab Emirates.
