In 2023, the United States maintained its position as the top importer of diamond dust or powder, though its import value slightly declined by 1.82%. South Korea saw marginal growth, while Japan experienced a 7% decrease. Notably, India and China each reported increases of over 3%. The most dramatic shift occurred in Botswana with a remarkable surge of 245.07%, and Malaysia showed significant growth at 65.46%.
Future trends to monitor include the sustained growth in developing markets like Botswana and Malaysia, alongside anticipated corrections in high-variance countries like Spain and the UAE. The demand in technological and industrial applications will likely drive shifts in the global diamond powder market.
Top countries in Import of Diamond Dust or Powder by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 64,866,000 | 2023 | -0.73% | -1.82% | View data |
| 2 | 2 South Korea | 43,312,000 | 2023 | +0.86% | +0.73% | View data |
| 3 | 3 Japan | 38,781,000 | 2023 | -2.17% | -7% | View data |
| 4 | 4 India | 36,461,000 | 2023 | +3.57% | +3.78% | View data |
| 5 | 5 China | 31,017,000 | 2023 | +3.1% | +3.73% | View data |
| 6 | 6 Ireland | 28,626,000 | 2023 | -1.92% | -0.83% | View data |
| 7 | 7 Qatar | 23,931,000 | 2023 | +0.4% | -4.67% | View data |
| 8 | 8 Italy | 20,534,000 | 2023 | -5.69% | -6.79% | View data |
| 9 | 9 Botswana | 15,056,000 | 2023 | +4.76% | +245.07% | View data |
| 10 | 10 Germany | 13,081,000 | 2023 | -5.93% | -5.68% | View data |