Key Market Indicators
Filipina Diamond Import is on track to hit $1.2 million by 2026, according to a recent study. This figure represents a 3.5% year-on-year average growth rate from 2021's estimated $971,320. Since 2001, the demand for diamonds in the Philippines has risen by an average of 15.7% each year. In 2021, the country ranked 59th in the world for diamond import, with Egypt ahead in the 58th spot at $971,320. The United States, Belgium, and the United Arab Emirates came in second, third, and fourth, respectively.