The global industrial natural diamond production landscape reveals that, as of 2023, Russia leads with 20.53 million carats, followed by Australia at 14.49 million carats. The Democratic Republic of the Congo, Botswana, and Zimbabwe are also significant contributors, although only the Democratic Republic of the Congo saw decreased output. South Africa showed growth, with slight improvements in Russia and Australia. Notable reductions were in Zimbabwe, Sierra Leone, and Liberia, while increases were observed in India, Angola, and Tanzania. Year-on-year changes reveal these dynamics, with a mixed trend of moderate growth and decline across regions.
Looking ahead, factors such as technological advancements, geopolitical developments, and economic shifts could influence production levels. Countries with rich diamond reserves may exploit these to maintain or enhance their output. Furthermore, increasing demand for synthetic diamonds may impact natural diamond production trends.
Top countries in Industrial Natural Diamond Production by Country
| # | 10 Countries | Thousand Carats | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Russia | 20,530 | 2023 | +1.47% | +1.56% | View data |
| 2 | 2 Australia | 14,490 | 2023 | +0.12% | +0.99% | View data |
| 3 | 3 Democratic Republic of the Congo | 10,920 | 2023 | -2.99% | -2.04% | View data |
| 4 | 4 Botswana | 7,310 | 2023 | +0.49% | -0.01% | View data |
| 5 | 5 Zimbabwe | 2,240 | 2023 | -3.73% | -5.19% | View data |
| 6 | 6 South Africa | 2,230 | 2023 | -6.81% | +2.35% | View data |
| 7 | 7 Angola | 907.76 | 2023 | +0.71% | +1.54% | View data |
| 8 | 8 Sierra Leone | 120.62 | 2023 | -0.4% | -4.01% | View data |
| 9 | 9 Tanzania | 65.44 | 2023 | +3.49% | +2.44% | View data |
| 10 | 10 India | 35.37 | 2023 | +3.37% | +4.05% | View data |