In 2023, DR Congo led global diamond production with 19 million carats, followed by Russia with 18 million. Australia reached third place producing 14 million carats, while Botswana, Zimbabwe, and South Africa contributed 6 million, 2 million, and 2 million carats respectively. Between 2022 and 2023, the figures presented minimal shifts, underscoring a stable yet competitive market.
Over the last five years, Russia's diamond production experienced a slight decline, whereas DR Congo and Australia gradually increased output, pointing to ongoing changes in mining capacities and exploration investments. Zimbabwe and South Africa maintained relatively stable production levels with modest fluctuations.
Future trends to monitor include technological advancements in diamond mining, geopolitical influences affecting Russia's production, and Africa's potential growth driven by investments in mining infrastructure and sustainability practices. Global economic conditions and consumer preferences towards synthetic diamonds may also impact the diamond producing countries' dynamics.
Top countries in Top Diamond Producing Countries
| # | 6 Countries | Thousand Carats | Last Year | |
|---|---|---|---|---|
| 1 | 1 DR Congo | 19,000 | 2016 | |
| 2 | 2 Russia | 18,000 | 2016 | |
| 3 | 3 Australia | 14,000 | 2016 | |
| 4 | 4 Botswana | 6,000 | 2016 | |
| 5 | 5 Zimbabwe | 2,000 | 2016 | |
| 6 | 6 South Africa | 2,000 | 2016 |
