Botswana's diamond production from mines in 2023 had a total value of 3.28 billion U.S. dollars. During the same year, Russian diamond mine production had a total value amounting to 3.6 billion U.S. dollars. Accordingly, Botswana and Russia were the world's first and second leading countries, respectively, based on diamond production value. The diamond industry, unlike precious metals and other natural resources, relies almost exclusively on consumer demand for diamond jewelry. The diamond industry is expected to flourish despite weak global economic growth.
Market value of diamond production worldwide in 2023, by major countries
(in million U.S. dollars)
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Kimberley Process. (June 27, 2024). Market value of diamond production worldwide in 2023, by major countries (in million U.S. dollars) [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/348179/global-diamond-production-by-country-and-market-value/
Kimberley Process. "Market value of diamond production worldwide in 2023, by major countries (in million U.S. dollars)." Chart. June 27, 2024. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/348179/global-diamond-production-by-country-and-market-value/
Kimberley Process. (2024). Market value of diamond production worldwide in 2023, by major countries (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/348179/global-diamond-production-by-country-and-market-value/
Kimberley Process. "Market Value of Diamond Production Worldwide in 2023, by Major Countries (in Million U.S. Dollars)." Statista, Statista Inc., 27 Jun 2024, https://www.statista.com/statistics/348179/global-diamond-production-by-country-and-market-value/
Kimberley Process, Market value of diamond production worldwide in 2023, by major countries (in million U.S. dollars) Statista, https://www.statista.com/statistics/348179/global-diamond-production-by-country-and-market-value/ (last visited November 03, 2024)
Market value of diamond production worldwide in 2023, by major countries (in million U.S. dollars) [Graph], Kimberley Process, June 27, 2024. [Online]. Available: https://www.statista.com/statistics/348179/global-diamond-production-by-country-and-market-value/