The global import market for unworked or simply sawn, cleaved, or bruted diamond jewelry is highly skewed towards India, which holds a commanding lead with 43.22% market share. Belgium and the United Arab Emirates follow at 18.72% and 17.75% respectively. Most countries are experiencing modest year-over-year changes, with notable decreases in China (-5.54%) and Canada (-10.19%), while smaller players like Chile are seeing significant percentage increases (15.81%). Overall, the Compound Annual Growth Rate (CAGR) has shown that regions like Luxembourg and Namibia are emerging with positive growth trajectories.
Looking ahead, the industry is likely to see increased competition among emerging markets and is expected to adapt to shifting consumer preferences and geopolitical factors impacting trade. Stakeholders should monitor technological advancements in diamond sourcing and certification, as these could influence import dynamics significantly.
Top countries in Import of Diamond Jewelry Unworked or Simply Sawn, Cleaved or Bruted Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 43.22 | 2023 | +2.77% | +4.1% | View data |
| 2 | 2 Belgium | 18.72 | 2023 | -1.03% | -0.81% | View data |
| 3 | 3 United Arab Emirates | 17.75 | 2023 | +2.4% | +2.19% | View data |
| 4 | 4 Israel | 5.92 | 2023 | -2.86% | -2.45% | View data |
| 5 | 5 Singapore | 2.64 | 2023 | +4.68% | +5.92% | View data |
| 6 | 6 Botswana | 2.13 | 2023 | -0.32% | +0.076% | View data |
| 7 | 7 United States | 1.64 | 2023 | +1.05% | +4.74% | View data |
| 8 | 8 China | 1.15 | 2023 | -5.66% | -5.54% | View data |
| 9 | 9 South Africa | 0.99 | 2023 | -0.14% | -1.89% | View data |
| 10 | 10 Namibia | 0.92 | 2023 | +3.07% | +5.84% | View data |
