Key Market Indicators
Lebanese imports of diamonds are expected to hit $457 million by 2026, up from $385 million in 2021. This is an average annual increase of 2.9% since 2002. The country came in 18th in 2021, with Namibia overtaking it at $385 million. The United States, Belgium, and the United Arab Emirates were respectively second, third, and fourth in the rankings. Lebanese diamond exports are forecast to reach $324 million by 2026, up from $262 million in 2021. This is a compound annual growth rate of 3.6% since 2002. Lebanon was 19th in 2021, with Australia surpassing it at $262 million. The United States, Belgium, and Israel were the second, third, and fourth ranked countries.
