According to GlobalData, Russia is the world’s largest producer of diamonds in 2022, with output 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, Canada, the Democratic Republic of the Congo and South Africa. Exports of diamonds from Russia declined by 30% in 2022 over 2021. Russia’s diamond exports are expected to drop at a CAGR of 0.36% between 2022 and 2026.
ALROSA is one of the leading producers of diamonds in Russia. In 2021, the company’s output was up by 8% over 2020.
For more detailed analysis of global diamond mining, buy the report here.
Premium Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
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.
