In 2023, China continued its dominance in the global export market of diamond dust or powder by contributing 61.97% of the total share, yet its growth was moderate. Ireland showed significant growth with a 21.95% share, growing 20.74% year-on-year. Other substantial contributors included Belgium and South Korea, while the U.S. and Japan experienced notable declines. Remarkably, Armenia saw a significant increase in its export share by 16.33%, although its overall contribution remained modest. In contrast, Australia faced the steepest decline at -31.26%.
Future trends to watch in the export of diamond dust or powder include the potential for further diversification in emerging markets. While China will likely remain a predominant player, countries like Ireland and possibly Armenia may continue expanding their market shares, influenced by technological advancements and shifts in global manufacturing needs. Additionally, geopolitical factors and trade policies could alter the distribution of export shares. Monitoring these variables will be crucial for stakeholders in the industry.
Top countries in Export of Diamond Dust or Powder Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 61.97 | 2023 | +5.84% | +1.66% | View data |
| 2 | 2 Ireland | 21.95 | 2023 | +4.85% | +20.74% | View data |
| 3 | 3 Belgium | 2.72 | 2023 | +1.61% | +1.6% | View data |
| 4 | 4 South Korea | 2.06 | 2023 | -1.16% | -0.24% | View data |
| 5 | 5 United States | 1.41 | 2023 | -12.01% | -10.6% | View data |
| 6 | 6 Switzerland | 0.79 | 2023 | -1.79% | -0.78% | View data |
| 7 | 7 Czech Republic | 0.77 | 2023 | +5.87% | -2.02% | View data |
| 8 | 8 Russia | 0.35 | 2023 | -1.87% | -0.4% | View data |
| 9 | 9 Italy | 0.23 | 2023 | -1.53% | -2.29% | View data |
| 10 | 10 Bulgaria | 0.22 | 2023 | +5.9% | +6.32% | View data |
