In 2023, Canada led global natural diamond gemstone production with a share of 30.3 thousand carats, experiencing a YoY growth of 3.86%. Russia followed closely with 27.96 thousand carats and a 1.33% increase. Botswana witnessed a slight decline of 0.84%, producing 17.73 thousand carats. Angola and Namibia saw moderate growths of 1.63% and 0.85% respectively, while South Africa's production decreased by 1.02% to 8.14 thousand carats. The Democratic Republic of the Congo, Lesotho, Sierra Leone, Tanzania, Brazil, China, and India displayed varied trends, with notable increases in Lesotho (4.65%) and China (7.35%), and a significant drop in Zimbabwe (-8.03%) and Guyana (-11.74%).
Future trends to watch:
- Potential growth in emerging markets like China and India due to increasing demand and investments.
- Continued decline in Zimbabwe and Guyana due to economic challenges and resource depletion.
- Possible fluctuations in major producers like Canada, Russia, and Botswana influenced by geopolitical and environmental factors.
Top countries in Natural Diamond Gemstones Production Share by Country (Thousand Carats)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Canada | 30.3 | 2023 | +3.87% | +3.86% | View data |
| 2 | 2 Russia | 27.96 | 2023 | +1.29% | +1.33% | View data |
| 3 | 3 Botswana | 17.73 | 2023 | -0.22% | -0.84% | View data |
| 4 | 4 Angola | 8.88 | 2023 | +0.79% | +1.63% | View data |
| 5 | 5 South Africa | 8.14 | 2023 | +2.41% | -1.02% | View data |
| 6 | 6 Democratic Republic of the Congo | 3.22 | 2023 | -1.41% | -0.37% | View data |
| 7 | 7 Namibia | 2.7 | 2023 | +1.91% | +0.85% | View data |
| 8 | 8 Lesotho | 1.76 | 2023 | +5.36% | +4.65% | View data |
| 9 | 9 Sierra Leone | 0.63 | 2023 | +2.76% | -0.28% | View data |
| 10 | 10 Tanzania | 0.4 | 2023 | +3.58% | +2.54% | View data |
