According to GlobalData, South Africa is the world’s fifth-largest producer of diamonds in 2023, with output up by 13% on 2022. Over the five years to 2022, production from South Africa increased by a CAGR of 1% and is expected to rise by a CAGR of 4% between 2023 and 2027. 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.
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South Africa accounts for 10% of global production, with the largest producers being Russia, Botswana, Canada and the Democratic Republic of the Congo. Exports of diamonds from South Africa increased by 13% in 2023 over 2022. South Africa’s diamond exports are expected to grow at a CAGR of 3.61% between 2023 and 2027.
Leading producers of diamonds in South Africa are Anglo American and Petra Diamonds. During 2020-2021, Anglo American's output was up by 14%, Petra Diamonds's output decreased by 16%.
For more detailed analysis of global diamond mining, buy the report here.
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