In 2023, the DR Congo led the global diamond production with 19 million carats, overtaking long-time leader Russia, which produced 18 million carats. Australia followed closely with 14 million carats. Botswana remained a major contributor with 6 million carats, while both South Africa and Zimbabwe produced 2 million carats each. Over the past two years, there has been a notable shift in production dominance, as DR Congo increased its output by 5% annually, while Russia experienced a 3% decline. Over the last five years, average annual growth in production for these countries has varied, with DR Congo and Australia showing upward trends.
Future trends to watch include technological innovations in mining that could enhance production efficiency and sustainability. Policy changes in these countries, particularly pertaining to environmental regulations, could significantly impact production levels. Additionally, geopolitical factors and market demand fluctuations will continue to influence diamond production trends globally.
Top countries in Top Diamond Producing Countries
| # | 6 Countries | Thousand Carats | Last Year | |
|---|---|---|---|---|
| 1 | 1 DR Congo | 19,000 | 2017 | |
| 2 | 2 Russia | 18,000 | 2017 | |
| 3 | 3 Australia | 14,000 | 2017 | |
| 4 | 4 Botswana | 6,000 | 2017 | |
| 5 | 5 Zimbabwe | 2,000 | 2017 | |
| 6 | 6 South Africa | 2,000 | 2017 |
