Key Market Indicators
Emirati diamond exports are projected to climb to $14 billion by 2026, with a 0.5% year-on-year growth rate. From 2012 to 2021, the country's supply increased by 1.5% annually. In 2021, Israel was the largest exporter, with $13.8 billion, followed by the United States, Belgium and the United Arab Emirates. Meanwhile, Emirati diamond imports are expected to drop to $12.2 billion by 2026, with a 0.1% year-on-year decline. From 2012 to 2021, demand decreased by 0.4% annually. In 2021, Belgium was the biggest importer, at $12.3 billion, followed by the United States, Belgium and the United Arab Emirates.