Madhumitha Jaganmohan
Research expert covering climate and environmental sustainability
Get in touch with us nowIn 2005, the worldwide production volume of rough diamonds stood at approximately 177 million carats in total. More than a decade later, in 2022, production had decreased to 121 million carats.
Rough diamond production is concentrated among a few major players. Alrosa, headquartered in Russia, and the South African company De Beers hold a majority of the world’s diamond production volume, with each of the companies having accounted for nearly 31 and 29 percent of the global diamond market in 2023, respectively. As of 2023, De Beers' diamond production alone amounted to nearly 31.9 million carats.
Russia was by far the world's leading diamond-producing country in 2022, accounting for a 35 percent share of global rough diamond production. Botswana, which accounted for a 20 percent share of global rough diamond production, and Canada, with 14 percent of global production, followed in second and third place, respectively, at that time. With the Democratic Republic of the Congo and South Africa also ranking among the five leading diamond producing countries, Africa is the world's largest diamond producing macro-region, having accounted for more than half of global production in 2022.
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Natural diamonds overview
Lab-grown diamonds overview
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Environmental footprint
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The statistic on this page is a Premium Statistic and is included in this account.
Professional Account
1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.