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Singapore Diamond Industry Outlook 2022 - 2026

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

Key Market Indicators

Singapore's diamond exports are expected to reach about $2 billion by 2026, up from $1.7 billion in 2021. This is an average annual growth rate of 2.3%. Since 1994, the country's diamond exports have decreased by 0.8% each year. In 2021, Singapore ranked 13th in diamond exports, behind Namibia's $1.7 billion. The United States, Belgium and Israel took the second, third and fourth spots, respectively. Singapore's diamond imports are projected to reach $1.9 billion by 2026, up from $1.7 billion in 2021. This is an average annual growth rate of 1.9%. Since 1994, the country's diamond imports have decreased by 0.8% each year. In 2021, Singapore was ranked 10th for diamond imports, behind Botswana's $1.7 billion. The United States, Belgium and the United Arab Emirates took the second, third and fourth spots, respectively.

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Singapore Diamond Market Data and Forecasts