In 2023, Belgium held the largest share of global imports of unsorted diamonds valued at 40.44 US dollars, growing by 5.56% from the previous year. Botswana followed with a 27.11% value share, experiencing a 5.13% increase. The United Kingdom also represented a significant portion at 22.94%, although it saw a decline of 5.4%. India accounted for 3.53%, with a modest rise of 2.88%. Meanwhile, the United Arab Emirates, France, Italy, and Russia had shares of 0.97%, 0.68%, 0.56%, and 0.52% respectively, with Russia showing a notable growth of 10.37% amidst mixed performances from others.
Key variations in 2023 also highlighted decreases in countries like the United Arab Emirates (-25.78%) and Switzerland (-31.01%), while Kazakhstan saw a remarkable surge of 60.08%. The overall market dynamics indicate a mix of growth and decline across differing regions.
Future trends to watch include the potential shift in market dynamics driven by geopolitical factors, technological advancements in diamond sourcing, and shifts in economic stability within key importing countries. Continuous monitoring of trade policies and consumer demand for unsorted diamonds will also be crucial in anticipating market movements.
Top countries in Import of Unsorted Diamonds Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 40.44 | 2023 | +4.17% | +5.56% | View data |
| 2 | 2 Botswana | 27.11 | 2023 | +5.14% | +5.13% | View data |
| 3 | 3 United Kingdom | 22.94 | 2023 | -5.3% | -5.4% | View data |
| 4 | 4 India | 3.53 | 2023 | +5.34% | +2.88% | View data |
| 5 | 5 United Arab Emirates | 0.97 | 2023 | -35.36% | -25.78% | View data |
| 6 | 6 France | 0.68 | 2023 | +2.64% | +1.01% | View data |
| 7 | 7 Italy | 0.56 | 2023 | +1.35% | +2.67% | View data |
| 8 | 8 Russia | 0.52 | 2023 | +5.42% | +10.37% | View data |
| 9 | 9 Malaysia | 0.18 | 2023 | -2.69% | -8.88% | View data |
| 10 | 10 Ireland | 0.17 | 2023 | +3.65% | +3.33% | View data |
