1 Jan 2021
Mine Restart for Diamond in Global
Reopening of profitable diamond mines in 2021 that had been suspended in 2020 contributed to a slight increase in world production.
Diamond trade
Non-Industrial Diamonds
Diamonds are highly valued gemstones known for their exceptional hardness, brilliance, and sparkle. The majority originate from countries like Botswana, Russia, and the Democratic Republic of Congo. As a luxury good, diamonds are primarily used as precious gemstones in jewelry such as earrings, necklaces, rings, and bracelets. Their scarcity and desirability contribute to their value as an investment opportunity. Due to their unique characteristics, they require specialized cutting and polishing processes to enhanc...
Diamonds are highly valued gemstones known for their exceptional hardness, brilliance, and sparkle. The majority originate from countries like Botswana, Russia, and the Democratic Republic of Congo.
As a luxury good, diamonds are primarily used as precious gemstones in jewelry such as earrings, necklaces, rings, and bracelets. Their scarcity and desirability contribute to their value as an investment opportunity. Due to their unique characteristics, they require specialized cutting and polishing processes to enhance their natural beauty.
The diamond supply chain is complex, involving mining, sorting, cutting, polishing, grading, and trading. The process requires significant equipment, labor, and capital investments, highlighting the importance of responsible sourcing practices due to potential environmental impacts associated with diamond mining.
Global Trade Maps
Country-level reported imports and exports by year.
Bilateral Trade Flow Map
Net export flows between reporting partners filtered by global trade share.
Global Net Trade Network
Bilateral trade structure for the selected year.
Market intelligence
Relevant Events
31 Dec 2020
Mine Closure for Diamond in Global
Temporary closures of diamond mines worldwide due to COVID‑19 lockdowns and restrictions reduced global production in 2020.
1 Jun 2020
Other for Diamond in Global
New online sales platforms for rough diamonds were established in 2020 to overcome travel restrictions and improve market access.
Dec 2019
Ownership Change for Diamond in United States
Scio Diamond was sold to Adamas One Corp in 2019, transferring ownership of U.S. synthetic diamond production.
Dec 2018
Mine Closure for Diamond in South Africa
De Beers closed Voorspoed mine, reducing South African diamond operations.
31 Oct 2018
Mine Opening for Diamond in Russia
ALROSA commissioned the Verkhne‑Munskoe field, expanding Russia’s diamond production capacity.
Sep 2018
Mine Restart for Diamond in Canada
Renard mine completed its ramp‑up, increasing Canadian diamond supply.
2018
Mine Expansion for Diamond in Botswana
Jwaneng mine conducted feasibility studies for the Cut 9 expansion, aiming to add 50 million carats and extend mine life.
2018
Mine Restart for Diamond in Lesotho
Liqhobong mine reached first full commercial production year, boosting Lesotho’s diamond output.
Mar 2017
Mine Opening for Diamond in Canada
Gahcho Kué mine began commercial production, adding a new source of Canadian diamond output.
2016
Processing Shutdown for Diamond in United States
Scio Diamond shut down its synthetic diamond production facility in 2016, curtailing U.S. synthetic diamond supply.
1 Dec 2013
Mine Opening for Diamond in Australia
Merlin Mine commenced production, adding diamond capacity in Australia.
1 Dec 2013
Mine Opening for Diamond in Cameroon
Mobilong Diamond Mine started operation, boosting diamond output in Cameroon.
1 Dec 2013
Mine Opening for Diamond in Russia
Grib Pipe Mine began production, expanding diamond output in Russia.
1 Dec 2013
Mine Opening for Diamond in South Africa
Saxendrift Mine began production, increasing diamond supply in South Africa.
1 Oct 2013
Ownership Change for Diamond in Russia
Russia privatized 16% of ALROSA via IPO, altering ownership structure of diamond company.
10 Apr 2013
Ownership Change for Diamond in Canada
Dominion Diamond Corp. acquired 80% stake in Ekati Diamond Mine, shifting ownership of Canadian diamond asset.
1 Apr 2013
Mine Opening for Diamond in Australia
Rio Tinto opened its Argyle underground diamond mine, extending life of the operation in Australia.
1 Jan 2013
Export Restriction for Diamond in Central African Republic
Central African Republic temporarily suspended diamond exports/imports, restricting supply to global market.
1 Jan 2013
Export Restriction for Diamond in Côte d'Ivoire
Côte d'Ivoire under UN sanctions, halted diamond trade, limiting market access.
1 Jan 2013
Export Restriction for Diamond in Venezuela
Venezuela voluntarily suspended diamond trade, reducing supply to international buyers.
1 Jan 2013
Processing Expansion for Diamond in United States
Scio Diamond Technology Corp. expanded synthetic diamond production, raising U.S. output.
2011
Ownership Change for Diamond in United States
Scio Diamond acquired Apollo Diamond’s diamond‑growing patents in 2011, consolidating U.S. synthetic diamond technology.
1 Sep 2010
Mine Opening for Diamond in Brazil
Vaaldiam Mining Inc. started production at the Duas Barras alluvial operation, launching a new diamond mine.
No events match the selected year.