In 2023, Canada led the global production of natural diamond gemstones, producing 28.02 million carats, followed by Russia at 25.85 million carats. Botswana, Angola, and South Africa were also significant contributors. Major changes in production were noted, with Canada and Lesotho showing substantial increases of 3.86% and 4.65%, respectively, whereas Zimbabwe and Guyana experienced significant declines of 8.03% and 11.74%.
Looking ahead, watch for:
- Potential production adjustments in response to economic and geopolitical shifts.
- Technological advancements and ethical sourcing driving changes in the industry's landscape.
- The impact of consumer preference trends, including a growing interest in lab-grown diamonds.
Top countries in Natural Diamond Gemstones Production by Country
| # | 10 Countries | Thousand Carats | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Canada | 28,020 | 2023 | +3.87% | +3.86% | View data |
| 2 | 2 Russia | 25,850 | 2023 | +1.29% | +1.33% | View data |
| 3 | 3 Botswana | 16,400 | 2023 | -0.22% | -0.84% | View data |
| 4 | 4 Angola | 8,210 | 2023 | +0.79% | +1.63% | View data |
| 5 | 5 South Africa | 7,530 | 2023 | +2.41% | -1.02% | View data |
| 6 | 6 Democratic Republic of the Congo | 2,970 | 2023 | -1.41% | -0.37% | View data |
| 7 | 7 Namibia | 2,500 | 2023 | +1.91% | +0.85% | View data |
| 8 | 8 Lesotho | 1,620 | 2023 | +5.36% | +4.65% | View data |
| 9 | 9 Sierra Leone | 584.74 | 2023 | +2.76% | -0.28% | View data |
| 10 | 10 Tanzania | 371.89 | 2023 | +3.58% | +2.54% | View data |
