In 2023, Canada imported industrial diamonds unworked or simply sawn, cleaved, or bruted valued at 1.4439 million USD. The data from 2024 to 2028 indicate a steady decline in imports, with values decreasing annually. This represents a year-on-year percentage drop in imports from 2024 by approximately -1.63% in 2025, -1.62% in 2026, -1.61% in 2027, and -1.61% in 2028. Over the five-year period, the compound annual growth rate (CAGR) averages around -1.58%.
Future trends to watch for include changes in global diamond mining output, advancements in synthetic diamond production, and Canada's policy shifts affecting import duties or industrial usage. Monitoring these factors could impact the import volumes and values significantly.
