According to GlobalData, Canada is the world’s third-largest producer of diamonds in 2022, with output down by 8.97% on 2021. Over the five years to 2021, production from Canada decreased by a CAGR of 6.69% and is expected to drop by a CAGR of 7.72% between 2022 and 2026. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Diamond Mining to 2026 report. Buy the report here.
Canada accounts for 14% of global production, with the largest producers being Russia, Botswana, the Democratic Republic of the Congo and South Africa. Exports of diamonds from Canada declined by 8.82% in 2022 over 2021. Canada’s diamond exports are expected to drop at a CAGR of 7.57% between 2022 and 2026.
Leading producers of diamonds in Canada are Anglo American and Rio Tinto. During 2020-2021, Anglo American's output was up by 29%, Rio Tinto's output increased by 3%.
For more detailed analysis of global diamond mining, buy the report here.
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