The export value of diamonds from China was $1.285 billion in 2024, a decrease from the base value in 2023. Year-on-year, the exports are forecasted to decrease to $1.2457 billion in 2025, $1.2071 billion in 2026, $1.1693 billion in 2027, and $1.1323 billion by 2028. Analyzing the last two years, the export value has decreased consistently. Calculating the Compound Annual Growth Rate (CAGR) for this period, we observe an average annual decrease in diamond exports. Trends indicate a gradual decline over the next five years.
Future trends to watch for:
- Evolving global demand for diamonds.
- Impact of technological advancements in synthetic diamond production.
- Changes in international trade policies and tariffs affecting China.
