According to GlobalData, Russia is the world’s largest producer of diamonds, with output of 35,958kct in 2022, down by 8.08% on 2021. Over the five years to 2021, production from Russia decreased by a CAGR of 2.12% and is expected to drop by a CAGR of 0.51% 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.
Russia accounts for 31% of global production, with the other largest producers being Botswana (21%), Canada (14%), the Democratic Republic of the Congo (12%) and South Africa (9%). Exports of diamonds from Russia declined by 30% to 34,045kct in 2022 over 2021. Russia’s diamond exports are expected to drop at a CAGR of 0.36% between 2022 and 2026, to 33,557kct by 2026.
ALROSA is one of the leading producers of diamonds in Russia. ALROSA's output was 30,349kct in 2021, up by 8% on 2020.
For more detailed analysis of global diamond mining, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Commodity Analyzer tracks production, consumption, imports and exports of 17 key commodities across 60 countries, whilst its Mines & Projects Database tracks over 30,000 mines and projects with 200+ data fields for each, including production, operating costs, equipment and key mine-site contacts.
