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.
